Trades balloon in the market, Chengetedzai
Business Writer The market is currently experiencing increased trading and hopes are high that volumes will continue to persist, according to Chengetedzai Depository Company (CDC). CDC in its operating update for June…
ZimTrade to host expanded annual exporters conference
Zimbabwe’s national trade development and promotion agency, ZimTrade plans to host an expanded annual exporters conference in Bulawayo in October this year, an official has said. The event, previously a…
Unrelenting borrowing pushes Zimbabwe to edge
Business Writer Zimbabwe is teetering on the brink of a debt crisis as the country’s borrowing binge shows no signs of slowing down, economists have warned. According to official figures,…
Government initiates Hwange Units 9 and 10 power projects
Business Writer Government has initiated the development of Hwange Units 9 and 10 as part of efforts to enhance the country’s energy matrix, it has been learnt. This comes as the country’s…
Corporate rescue scheme for Truworths Limited
Business Reporter Truworths Limited has been placed under corporate rescue due to solvency issues but will remain listed on the Zimbabwe Stock Exchange (ZSE) under voluntary suspension up until exit…
Econet cuts SmartBiz prices by 25pc, introduces credit facility
Business Writer Econet Wireless Zimbabwe has slashed prices for its SmartBiz internet packages by 25 percent in a bid to accelerate digital adoption among businesses. The move is part of…
Afreximbank lines up millions for key projects in Zimbabwe
Business Writer Afreximbank has pledged to inject millions of dollars into key projects in Zimbabwe as part of its broader push to industrialise the African continent. The bank’s Senior Executive…
Afreximbank pledges support for SADC industrialisation
Business Writer Afreximbank has called for a united front in driving Africa’s industrialisation, warning that the continent is lagging behind in the Fourth Industrial Revolution. The call was made by…
Govt breaks GMB monopoly, touts ZMX
Business Writer The Zimbabwean Government has overhauled the grain marketing system, shifting from the long-standing monopoly held by the Grain Marketing Board (GMB) to a commodity exchange — a structured…
State entities’ governance systems keep failing — AG
Golden Sibanda While state entities have made progress towards compliance with certain regulations governing their operations, especially the regular submission of financial statements, they seem to be going in the…




