IDBZ launches Mabuto Villas

Martin Kadzere MABUTO Villas, a luxurious housing development in the medium-density suburb of Hatfield in Harare has been launched with over 50 percent of its premium units already sold out.…

Zimbabwean firms to expand footprint in Chinese market

Business Writer ZIMBABWE is looking forward to increase its footprint in the Chinese market at the 7th China International Import Expo (CIIE) 2024 which begins today until November 10 in…

Pambili angles to become major gold producer in Zimbabwe

Business Writer Pambili Natural Resources Corporation, has announced a strategic decision to focus on Zimbabwe’s gold mining sector where it eyes to be a significant producer of the yellow metal.…

Zim inaugurates manufacturing sector local content steering committee

Industry and Commerce Minister, Nqobizitha Ndhlovu, on Monday inaugurated a steering committee for the manufacturing sector, expected to oversee the development and implementation of policies to boost local production. Schweppes…

NRZ makes new board appointments

Nqobile Bhebhe NATIONAL Railways of Zimbabwe (NRZ) has made three new appointments to its board including former Zimbabwe Tourism Authority (ZTA) chief executive officer, Winnie Muchanyuka. The other two new…

Revolving fund for pharmaceutical industry on cards

Business Writer The Government plans to establish a revolving fund to support local production of pharmaceuticals to reduce reliance on imports, according to a new policy document. The local pharmaceutical…

Zimswitch donates US$30 000 to Cancer Association of Zimbabwe

Business Writer Zimswitch, a leading payment solutions provider in the country, has pledged its support to the fight against cancer by donating US$30 000 to the Cancer Association of Zimbabwe.…

Simbisa considering shares buy back

Business Writer QUICK service restaurants (QSR) group, Simbisa Brands Limited shareholders, are set to consider authorising the company to purchase up to 10 percent of its issued ordinary share capital…

CBZ Holdings extends FMHL mandatory offer period

Business Writer CBZ Holdings says it is seeking permission from the ZSE to extend the mandatory offer period for the remaining shareholders of First Mutual Holdings (FMHL) as the Competition…

ZSE dips as BAT Zim reports sharp revenue decline amid currency challenges

Tapiwanashe Mangwiro The Zimbabwe Stock Exchange (ZSE) All Share Index slipped on Monday, losing 1.64 points, or 0.58 percent, to close at 283.58 points. The decline was driven largely by…

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