PRAZ fires former SPB employees

Tinashe Makichi Newly established Procurement Regulatory Authority of Zimbabwe (PRAZ), formerly State Procurement Board (SPB), has fired all workers over corruption allegedly committed before the State procurement entity was reconfigured.

Special economic zones: Do we need them?

Clive Mphambela The Confederation of Zimbabwe Industries hosted a very successful and interesting 2018 Economic Outlook Symposium this past Tuesday, were a number of economic issues were discussed.

Addressing Zimbabwean business climate

Victor Bhoroma The recent amendments to the Indigenisation and Empowerment Act and the slight adjustments on petroleum levies are massive steps to entice investors as Zimbabwe opens up for new…

What to do: Budget deficit is biggest elephant in the room

Kudzanai Sharara Taking Stock The Confederation of Zimbabwe Industries this week held its 2018 Economic Outlook Symposium that sought to map the way forward on how businesses can tackle economic…

Zim Lithium project gets funding boost

HARARE – Australian based mining firm  Prospect Resources on Wednesday said it has raised $10 million via a  private placement of 166 million shares, which will be used to  accelerate development of…

Govt reiterates position on market controls

HARARE – The Zimbabwe government will not introduce price controls on basic goods and commodities, but will work with stakeholders to ensure prices remain stable, a top ruling Zanu PF…

SA: Bonds mixed as US yields grind higher

South African bonds were mixed on Thursday morning as the rand lost some ground following the US Federal Reserve’s decision to keep interest rates unchanged.

Shell poised to dethrone Exxon in oil titans’ cash clash

LONDON – Royal Dutch Shell could usurp its largest rival Exxon Mobil as the energy sector’s biggest cash generator after higher oil and gas prices combined with an improved performance…

Ten priorities for getting agriculture moving in Zimbabwe

By Ian Scoones Agriculture is taking centre stage in plans for the revival of Zimbabwe’s ailing economy under the new leadership of Emmerson Mnangagwa.

TSL revenue rises 7pc

BH24 Reporter HARARE – Industrial holdings group, TSL Limited’s revenue for the year ended October 2017 rose 7 percent to $50 million ahead of same period last year on mixed…

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