Business

HARARE – The Chinese Embassy in Zimbabwe confirmed on Saturday that an oxygen cylinder explosion at a Chinese-invested private smelting plant in Zimbabwe on the night of October 7…
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HARARE (Reuters) – Zimbabwe’s currency is in danger of collapsing as companies resort to the U.S. dollar for transactions, the country’s main business group said in a letter to its…
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PRESIDENT Emmerson Mnangagwa’s government is intensifying its sweeping crackdown on foreign currency traders in the volatile market amid growing fears of an exchange rate-driven…
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Former Energy and Power Development Minister and Advocate Fortune Chasi has reported that several people died at Sasai Mine in Mazowe South Ward after an oxygen tank exploded. …
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Staff Reporter President Emmerson Mnangagwa has urged farmers across the country to ensure timely preparations for the 2021/22 agriculture season, acknowledging that Government’s…
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Business Writer VARUN Beverages Zimbabwe, a franchise of PepsiCo, yesterday commissioned a US$12 million packaged drinking water line with a production capacity of 15 million…
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Victoria Falls residents have vowed to block the local government’s 2022 budget consultation meeting scheduled to be held before the municipality avails an approved supplementary…
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by Tafara Mugwara HARARE, Oct. 6 (Xinhua) -- Peter Chivhumbura had generally kept free-range chickens at his rural homestead in Zimbabwe for domestic consumption and never…
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INNSCOR Africa says it has approved a US$70 million investment aimed at expanding operations and building a new flour milling plant in Bulawayo that it expects to commission in 2022. …
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Harare City Council (City of Harare) says it has issued 48-hour notices to hundreds of people settled on the Mbudzi interchange road reserve. In a statement this Tuesday, CoH urged…
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Herald Reporter Action Empowerment Zimbabwe (AEZ) interim executive members yesterday paid a courtesy call on President Mnangagwa at State House in recognition of his role in…
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The advent of the automobile was of great importance in our economic history. It helped propel mankind’s endeavours in the exchange of goods and services or mobility to unimaginable…
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ZIMBABWE’s current account is projected to register a stronger surplus position of about US$1, 091 billion this year, higher than the initial projection of US$611,5 million, the…
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INVICTUS Energy, the Australian firm searching for oil and gas in Zimbabwe, says a contractor has completed the well design for its Muzarabani project ahead of actual exploratory or…
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The minister of Information, Publicity and Broadcasting Services, Senator Monica Mutsvangwa, on Tuesday announced that the central government had initiated the process of paying…
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Econet Wireless, the biggest telecommunications company in Zimbabwe, has announced that it will be reviewing the prices of voice, data, and SMS bundles. Econet said in a statement: …
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HE Reserve Bank of Zimbabwe (RBZ) says it will continue to manage foreign currency exchange and inflation rates to enhance competitiveness in the industry and other productive sectors…
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INVESTMENT banker and businessman Dr Nigel Chanakira says the prevailing banking sector charges are still too high and make the formal banking system expensive in an economy trying to…
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President Emmerson Mnangagwa on Saturday travelled by road the 352-kilometre stretch from Bulawayo to Lupane to officiate at the commissioning of the Lupane water supply station and…
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Debra Matabvu and Harmony Agere - sundaymail YAPI MERKEZI, the Turkish company which recently signed a Memorandum of Understanding with the National Railways of Zimbabwe (NRZ) to…
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This shocking expenditure of taxpayers’ money comes at a time Zimbabwe is in the throes of a debilitating economic crisis — high cost of living and poor infrastructure. Since his…
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IF there is a country likely to be hurt the most by President Xi Jinping’s decision for Beijing to stop building new power plants overseas, it is Zimbabwe. By Jevans Nyabiage …
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