Vitol snaps up Africa assets from Eni for $1,65bn

Vitol Group agreed to buy into Eni SpA’s assets in Africa as the trading giant taps bumper profits to beef up its oil and gas portfolio.

Japanese ambassador highlights Zim business potential at Expo 2025

Japanese Ambassador to Zimbabwe Yamanaka Shinichi has said Expo 2025 Osaka to be held in his country from April 13 to October 13 this year presents a valuable opportunity for Zimbabwean and Japanese businesses to discover new opportunities for business and collaborations.

IPEC board, management pledge against corruption

INSURANCE and Pensions Commission (IPEC) Board members and senior management have signed integrity pledges, reaffirming their commitment to fighting corruption, promoting transparency, and upholding accountability within the insurance indust

NSSA pauses Shava’s appointment as substantive GM

THE National Social Security Authority (NSSA) board has reportedly deferred the appointment of Dr Charles Shava as the substantive general manager of the State-owned pension fund. 

About EcoCash

EcoCash Holdings is a ZSE-listed entity that was demerged from Econet on November 8, 2018, and listed as a standalone entity.

‘Bare knuckle’ fight: Govt targets smuggling to protect industry

THE Government has taken a tough stance to curtail the influx of smuggled goods into the domestic market to protect local firms and industry from unfair competition, Finance, Economic Development and Investment Promotion Professor Mtuli Ncube, has said.

Counterfeit goods crippling industry competitiveness, businesses warn

Zimbabwean industry leaders have voiced serious concerns that the proliferation of counterfeit and smuggled goods is severely undermining local industry competitiveness, eroding market share, and damaging brand reputations.

TFF repayment terms, interest rates spark market concern

Analysts and economic players have expressed reservations about the loan tenure of the  Reserve Bank of Zimbabwe’s Targeted Finance Facility (TFF), suggesting that the 270-day term may lead to rapid loan repayments that could deplete working capital and cause liquidity constraints.

Agriculture Minister Masuka to headline commodity exchange conference

Business Reporter Lands, Agriculture, Fisheries, Water, and Rural Development Minister Dr. Anxious Masuka will headline the African Continental Free Trade Area (AfCFTA) Association of African Commodity Exchanges (A-ACX) annual conference…

Tougher penalties, mindset shift key to curbing substandard goods

Deterrent sentencing, beyond the current paltry fines of around US$30, and a significant shift in consumer mindset are crucial to effectively combat smuggling and counterfeiting of products.

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