Panaf angles for ASA Resources assets
Tawanda Musarurwa HARARE – JSE-listed mining group Pan African Resources (Panaf) is set to take over the assets of Zimbabwe-focused ASA Resource Group after entering into “exclusive negotiations” with the…
Take advantage of positive investor sentiment, says CZI
Enacy Mapakame HARARE – The Confederation of Zimbabwe Industries (CZI) says Zimbabwean firms should take advantage of the current positive sentiment to scout for investment and grow their businesses.
Health fund rakes in $22 million HARARE – The health fund levy, which is a $0, 05 tax on every dollar of mobile phone airtime and data used, has accumulated…
CAAZ halts direct departure tax collections
HARARE – The Civil Aviation Authority of Zimbabwe (CAAZ) says it has stopped collecting departure tax directly from passengers flying the national carrier, Air Zimbabwe to allow smooth flow of…
Rand back over R12/$ as the hope of early Zuma exit fades
The rand was back over R12 to the dollar on Tuesday morning as the hope of ANC president Cyril Ramaphosa replacing President Jacob Zuma before the February 8 state of…
SAP talks up cloud business, buys $2.4 billion U.S. sales software firm
WALLDORF, Germany – SAP posted 2017 results on the lower side of market expectations after Chief Executive Bill McDermott had promised a “dynamite” final quarter in its cloud business, as…
Blood oil: More than half of the oil traded across the world has been stolen
By Leif Wenar Donald Trump tweeted something true recently. Responding to the protests in Iran, the US president stated that “The people are finally getting wise as to how their…
Untu Capital’s first mobile retail bond oversubscribed
BH24 Reporter HARARE – Untu Capital, which last year issued Zimbabwe’s first mobile retail bond, says the bond issuance aimed at raising $1 million has been oversubscribed by 72, 5…
COMESA members to benefit from climate change funding
HARARE – The European Union has availed a Euro 7, 1 million grant to the Common Market for Eastern and Southern Africa (Comesa) to implement climate change resilience programmes within…
IDC hunts for investors for Chemplex
HARARE – The Industrial Development Corporation of Zimbabwe (IDCZ) has said it was looking for a joint venture investor for its subsidiary, Chemplex Corporation Limited, which has interests in manufacturing…











