malvernmugadzikwa
- businessweekly
- October 15, 2024
- 151 views
New cities equipment imports now enjoy rebate
Business Writer The Zimbabwean Government has introduced a rebate on capital equipment imported by approved contractors for the construction of new cities in line with the Government’s development agenda. The…
- businessweekly
- October 15, 2024
- 104 views
Padenga bets on gold to offset softening crocodile skin demand
Business Writer Padenga Holdings, a diversified mining and agricultural company, is banking on its gold operations to offset a potential decline in revenue from crocodile skins. As demand for Nile…
- businessweekly
- October 15, 2024
- 104 views
Tight liquidity bites ZSE, as VFEX faces slower trading post-ZiG devaluation
Tapiwanashe Mangwiro Platinum Securities has projected that the Zimbabwe Stock Exchange (ZSE) will face continued pressure in the coming weeks, with lower trading volumes following the Central Bank’s recent devaluation…
- businessweekly
- October 15, 2024
- 204 views
Zim’s chrome giant aims to grab 25pc market share
Business Writer The country’s leading chrome miner, African Chrome Fields (ACF), has announced ambitious expansion plans as it seeks to gain up to 25 percent of global market share for…
- businessweekly
- October 15, 2024
- 88 views
Axia margins expected to go up on restructuring: IH Securities
Business Writer Research and stockbroking firm IH Securities says it expects Axia Corporation margin to inch up in FY2025 as restructuring efforts begin to bear fruit in reducing costs in…
- businessweekly
- October 15, 2024
- 66 views
AfDB approves grants for Malawi, Zimbabwe
Business Writer The African Development Bank (AfDB) has approved grants of US$34,8 million to enhance resilience and adaptation to climate disaster risks for vulnerable communities in Malawi and Zimbabwe. Under…
daniel chigunwe
- businessweekly
- October 14, 2024
- 159 views
New mining regulation chokes small to medium miners
Business Writer Several small to medium-sized mining companies have suspended further exploration projects due to the introduction of the special capital gains tax which requires buyers of mining titles to…
- businessweekly
- October 14, 2024
- 314 views
Sabi Star thermal power plant 90pc complete
Business Writer THE construction of Sabi Star Mine’s 15 megawatt (MW)thermal power plant in Buhera, Manicaland Province, is 90 percent complete with the project set for commissioning next year. At…
- businessweekly
- October 14, 2024
- 125 views
Imported toothpaste threaten local producers
Business Writer THE Competition and Tariff Commission (CTC) is initiating an investigation into the influx of toothpaste imports into the country, which is threatening the viability of the local industry.…
- businessweekly
- October 9, 2024
- 438 views
Trouble in paradise: Starlink faces harsh criticism over poor quality of service in urban Zimbabwe
Business Writer The much vaunted Starlink – SpaceX’s satellite internet service – which recently entered the Zimbabwean high-speed broadband market with great promise and after much anticipation – has come…