THE Zimbabwe Investment and Development Agency (ZIDA) Bill gazetted early this month will among other things, seek to curb environmental degradation by big investment projects.The Bill is aimed at imp...
Regional lender, African Export-Import Bank (Afreximbank) has disbursed a €100 million facility to a revolving global credit facility to support Mota-Engil Africa implement key developmental project...
PRESIDENT Emmerson Mnangagwa's government has inked what it has termed a major mining investment deal with Chinese company, Tsingshan Holdings.The deal, signed by Mines minister Winston Chitando and T...
LAST year during the run-up to the elections, President Emmerson Mnangagwa announced a $4,2 billion platinum mining deal with Karo Platinum, owned by London Stock Exchange-listed Tharisa Plc. NewsDay ...
BANCABC'S after tax profit increased more than two-fold to US$10,8 from US$5,2 million in the full year ended December 31, 2018, driven by growth in net interest income as the bank upped its lending.I...
Prominent Chinhoyi gold dealer and Zanu-PF politician, Gerald Sairon, and nine others have been arrested and charged with public violence.Sairon, who is also the general manager at the controversial E...
GOVERNMENT should expedite implementation of the "use it or lose it" concept as announced by President Emmerson Mnangagwa so as to unlock new economic opportunity and create more jobs, small scale min...
A DEAL in which Indian firm, Whinstone Enterprises, was set to pour in funding into Lancashire Steel in a joint venture arrangement, has crumbled after the firm failed to follow laid down Government p...
MOTOR vehicle dealer, Autoworld Zimbabwe, yesterday launched a new Isuzu D-MAX vehicle in Bulawayo and targets to sell about 500 units by the end of the year. The vehicle was launched at the ongoing Z...
GOVERNMENT yesterday signed an investment deal worth more than $5 billion with a Chinese steel manufacturing giant, Tsingshan, for the setting up of a new steel plant in Mvuma and to bankroll a number...
Government should continue assisting farmers with mechanisation programmes to improve productivity on farms which are heavily under-mechanised after the land reform programme. Speaking with The Herald...
Industrialists say fuel availability has improved "significantly" in the last few months since Government took the bold decision to adjust the price upwards, with indications that the manufacturing se...
ECONET'S Vaya mobility service has hit Bulawayo by storm, taking advantage of the Zimbabwe International Trade Fair (ZITF) to launch its new shuttle service by offering free rides to exhibitors, busin...
Zimbabwe's tobacco output is expected to decline to 200 million kilogrammes this year owing to unfavourable weather conditions under which the crop was grown, the industry regulator has said. Last yea...
Zimbabwe is this year targeting a 28 percent increase in mineral export earnings as the sector gears towards Vision 2030 target of an annual haul of US$12 billion per annum by 2023. Zimbabwe last year...
Tobacco deliveries at most auction floors are increasing gradually, with the Government yesterday saying it expected prices to firm after the Easter holidays. The 2019 tobacco marketing season started...
Bureau Veritas (BV), an international firm contracted by government to undertake consignment-based conformity assessment (CBCA) for imports destined for Zimbabwe, says it has rejected 262 million subs...
THE stalemate over the pricing of River Ranch Mine, situated in the border town of Beitbridge, continues unabated as the owners, Rani Investments, and potential buyers, the Zimbabwe Consolidated Diamo...
MERLIN judicial manager Cecil Madondo has pleaded with company shareholders to withdraw court cases or risk the company's total shutdown.Once listed among the largest textile companies in the country,...
Capital Bank Corporation has been provisionally wound up after the financial institution failed to service its debts amounting to over $25 million.The decision by the High Court followed an applicatio...
Pretoria Portland Cement (PPC) says volumes at its local unit grew by a single digit, compared to the same period last year due to operational challenges experienced in the third quarter of the financ...
Environment, Tourism and Hospitality Industry minister Priscah Mupfumira has appointed Rita Likukuma as Zimbabwe Tourism Authority (ZTA) acting chief executive officer, effective from February 1, 2019...
PACKAGING manufacturer Nampak Zimbabwe says it has been cut off by its major shareholder Nampak Holdings, which has been assisting it with foreign currency due to non-payment of outstanding debts.The ...
Bindura Nickel Corporation (BNC)'s Trojan Mine (Trojan) is operating at 50% capacity as part of a deliberate mining strategy guided by depressed nickel prices. Batanai Manhando, BNC managing director,...
African Guaranteed Fund (AGF), the foreign backers of Untu Capital's bond issue, have withdrawn their support to the microfinance company citing Zimbabwe's current unpredictable economic environment, ...