Three – month suspension for Truworths

Business Writer The Zimbabwe Stock Exchange Limited (ZSE) has suspended clothing retailer, Truworths from trading for a period of three months. According to ZSE chief executive officer, Justin Bgoni, the…

Crops a total write-off, government official says

Zimbabwe expects a modest harvest of between 700 000 to 800 000 tonnes for all cereals planted for the 2023/24 summer cropping season due to drought, a senior government official said…

Robust regulatory framework required to beneficiate, value add diamond, Soda

New Ziana Mines and Mining Development Minister, Zhemu Soda, has called for a robust regulatory framework to guide diamond beneficiation and value addition to ensure sustainable development and equitable distribution…

China’s proactive opening up expands mutual dividends

by Xinhua writer Wang Aona BEIJING, March 12 (Xinhua) – With mutual benefit a major hallmark of China’s opening up, the country has been expanding high-standard opening up more proactively,…

Government tackles housing challenges: Title deeds, land disputes in focus

Minister of National Housing and Development Daniel Garwe says Government is in the process of addressing a myriad of challenges weighing on real estate development in the country and provision…

Redwing mine reopens after fatal cave-in, but safety concerns remain

Business Writer Operations at the Redwing Mine have resumed, just two months after a cave-in trapped 15 miners in early January. The reopening comes after authorities ordered a temporary shutdown…

2023 manufacturing sector survey report out this month-CZI

Oliver Kazunga Senior Business Reporter THE Confederation of Zimbabwe Industries (CZI) says the 2023 manufacturing sector survey report is expected to be released later this month. CZI, the country’s largest…

FLAM outlines strategies for growth despite Challenges

Business Writer Fidelity Life Asset Management (FLAM) believes the recent lifting of sanctions will benefit the country in the long term. They recommend a diversified investment approach that includes various…

Gold steadies near record high as US inflation data looms

Bloomberg Gold was little changed after eight consecutive days of gains as traders eye Tuesday’s consumer price index release for hints on when the US Federal Reserve may start to…

CFM to manage Southern Africa Power Pool’s US$1.3 billion fund

Enacy Mapakame Climate Fund Managers (CFM) have been appointed to manage the Southern African Power Pool’s (SAPP) US$1,3 billion Regional Transmission Infrastructure Financing Facility (RTIFF), a facility that will improve…

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