adminZimplow to conclude 49pc Barzem stake acquisition
Enacy Mapakame Business Reporter Zimplow Holdings Limited is set to conclude the acquisition of a 49 percent stake in Barzem from Barloworld, a development expected to restore and reaffirm the group’s…
Hectic schedule for President in Egypt ahead of AfDB talks
President Mnangagwa, who is here for the African Development Bank (AfDB) annual meetings, has a packed programme today as it emerged besides attending the meetings that include a high level Presidential dialogue, he is set to have bilateral talks with his counterpart and host President Adbel Fattah El-Sisi.
Invictus’ oil, gas funding raising oversubscribed
Business Reporter INVICTUS Energy, the Australian firm scouting for oil and gas in Mashonaland Central province, north of Zimbabwe, has received strong support for its Share Purchase Plan (SPP) meant…
‘Business pulling Govt down’
PRESIDENT Mnangagwa is disappointed by some members of the business community whose conduct continues to frustrate Government efforts to stabilise the economy and the current wave of price increases obtaining in the country shows a lack of support for even the ongoing dialogue on arrears clearance and debt resolution.
Producers accused of diverting goods to black market
THE price madness besetting the country can partly be traced to manufacturers who have benefited from foreign currency acquired cheaply from the Reserve Bank of Zimbabwe (RBZ) Auction System to retool and manufacture their products but then channel the output to the informal sector for profiteering purposes.
Arts Centre marks Culture Month with exhibition
Chitungwiza Arts Centre (CAC) kicked off the national Culture Month celebrations with a two-day exhibition of works from both emerging and renowned visual artists yesterday.
Simbisa performance robust in third quarter
Enacy Mapakame Business Reporter Listed fast food giant Simbisa Brands Limited’s business remained resilient in the third quarter to March 31, 2023 after achieving top-line and profitability growth despite the challenging…
‘Wheat farmers notch 100pc planting success’
BETTER coordination of processes on the backdrop of an early start to the 2023 winter wheat season has enabled farmers to plant 29 992 hectares of the cereal to date, which marks a 100 percent difference from the 15 000ha that had been planted during the corresponding period last season.
Rand firms on bets of large Sarb rate hike
The rand strengthened yesterday amid relief that South Africa’s credit rating was not downgraded and bets on a large interest rate hike, with a central bank announcement the main focal…
EDITORIAL COMMENT : Cholera: Let’s go back to public health basics
Cholera, as people in Harare know to their cost from two previous runaway outbreaks, can spread very quickly and is no respecter of social status or wealth, only of hygiene and cleanliness.