China lends helping hand to Zim agric sector
In an effort to revitalise Zimbabwe’s agricultural sector and restore food self-sufficiency, China has joined forces with the Government, focusing on capacity building, innovation, and technical assistance. As part of…
Stanbic Bank Stragglers cricket week kicks off
Business Writer The country’s premier junior cricket development event, Stragglers Junior Cricket week, kicks off today (Monday 26 August) with 500 budding cricketers learning the ropes at St George’s and…
TelOne makes progress in LTE deployment
Business Writer TelOne, Zimbabwe’s leading state-owned telecommunications firm, is making significant progress in its 4G LTE network expansion, with plans to have a nationwide network by the end of 2025.…
POSB hunts for US$10 million to support key economic sectors
Business Writer POSB, one of Mutapa Investment’s subsidiaries, is hunting for an additional US$10 million line of credit to finance critical sectors of the economy, it has been learnt. This…
Powerspeed consolidates shares
Business Writer Trading of Powerspeed Electrical’s pre-consolidation shares on the Over the Counter (OTC) will end on September 13, 2024 and new post consolidation certificates will be issued to replace…
Local authorities converge for ideological induction
Officials from the country’s 92 local authorities, last week converged for a three-day basic orientation course under the Herbert Chitepo School of Ideology seeking to map a way which ensures…
Creeping parallel market, a reflection of policy not USD shortage Economy Uncensored with
Tapiwanashe Mangwiro In June 2024, the Reserve Bank of Zimbabwe (RBZ) declared that it would no longer provide foreign exchange (forex) to companies that already possess nostro balances. This move,…
IDBZ approves 5 MW solar project in Gutu, Masvingo
Business Writer INFRASTRUCTURE Development Bank of Zimbabwe (IDBZ) has approved the proposed 5 Megawatts Gutu Solar Power Generation Plant. According to IDBZ, the project will involve land preparation, civil works,…
Analysts dispel misconceptions about EcoCash charges
Business Writer Despite perceptions in some quarters that EcoCash’s charges are comparatively high, a closer examination by independent industry experts reveals that such perceptions are unfounded and not backed by…
Firms hiding domestic USD sales cash: Treasury
Golden Sibanda TREASURY has accused the majority of firms looking for foreign currency on the interbank market of dishonesty, claiming the companies hide forex from their domestic sales and always…



