TRANSPORT & TOURISM

More tourists flock to Victoria Falls

TOURIST arrivals in Victoria Falls have increased by 50 percent this year with hotels in the prime resort destination recording 100 percent bookings as more visitors flock into Zimbabwe under the new ...

By Staff reporter | Published: 22 June 2018

INDUSTRIALS & ENERGY

IDCZ appoints financial advisor for Chemplex transaction

THE Industrial Development Corporation of Zimbabwe Limited (IDCZ) has finalised the appointment of a financial advisor to handle the dilution of its shareholding in chemicals and fertilisers subsidiar...

By Staff reporter | Published: 22 June 2018

INDUSTRIALS & ENERGY

Zim's E20 reintroduction could raise stink

ZIMBABWE has re-introduced the mandatory blending of petrol to the levels of E20 (a mixture of 80 percent petrol and 20 percent anhydrous ethanol) on the back of fuel price increases.With effect from ...

By Staff reporter | Published: 22 June 2018

MINING & RETAIL

MPs shoot down plan to revive Empress refinery

PARLIAMENT has recommended that it would be cheaper to build a new lithium processing plant in Zimbabwe than refurbishing an existing refinery in Kadoma.This follows an offer by a local firm to reconf...

By Staff reporter | Published: 22 June 2018

MINING & RETAIL

Forex crisis hits Hwange underground mining

RESUMPTION of underground mining operations at Hwange Colliery Company Limited (HCCL) has been affected by the foreign currency shortages crippling the country, a report by Parliament has indicated.In...

By Staff reporter | Published: 22 June 2018

INDUSTRIALS & ENERGY

PPC banks on Zimbabwe polls

SOUTH African cement producer PPC says Zimbabwe's political landscape has improved with the cement maker eyeing positive growth after the July 30 general elections.This week PPC group chief financial ...

By Staff reporter | Published: 22 June 2018

FINANCIAL SERVICES

Ecobank bails out Zimbabwe

AN African financial services institution Ecobank Transnational Incorporation says it is playing a crucial role to stave off fuel and cooking oil shortages in Zimbabwe.The southern African country is ...

By Staff reporter | Published: 22 June 2018

INDUSTRIALS & ENERGY

Pepsi to set up $8m chips business in 2019

PEPSICO'S largest franchise bottler, Varun Beverages, says it is moving to set up an $8 million potato chips business in Zimbabwe next year, as the group expands its local footprint.RJ Corporation cha...

By Staff reporter | Published: 22 June 2018

INDUSTRIALS & ENERGY

Zimpapers revenue ahead of budget

LISTED diversified media group Zimpapers registered revenue growth for the first five months of the year on the back of positive performance across all its divisions.Zimpapers chief executive Pikirayi...

By Staff reporter | Published: 21 June 2018

TELECOMS & TECHNOLOGY

MTN increase LTE coverage and download speeds

MTN increased its coverage and improved the customer experience on its network between January and May 2018, according to chief technology and information officer Giovanni Chiarelli.Speaking during an...

By Staff reporter | Published: 21 June 2018

TELECOMS & TECHNOLOGY

Govt slashes e-payment charges

Government yesterday slashed unstructured supplementary service data (USSD) charges by more than half to 5 cents per session effective July 1, as it moves to accelerate the use of e-payments.USSD is a...

By Staff reporter | Published: 21 June 2018

FINANCIAL SERVICES

Stakeholders should act swiftly on card cloning scams

THE last few months have seen an upsurge in cases of electronic credit card fraud involving use of cloned ATM cards, as more Zimbabweans have embraced the use of plastic money due to cash shortages.Po...

By Staff reporter | Published: 21 June 2018

TELECOMS & TECHNOLOGY

Cyber-crimes fight intensifies

Gone are the days when you imagined that cyber security is something that you hear about in the news! Locals have started engaging this new and fierce foe in an aggressive way. Loerie, a Harare-based ...

By Staff reporter | Published: 21 June 2018

TELECOMS & TECHNOLOGY

Telecel introduces new voice bundles

MOBILE operator Telecel Zimbabwe has announced on-net voice bundles that will see subscribers getting up to 2 500 minutes talk-time coupled with longer validity periods of up to one month.In a stateme...

By Staff reporter | Published: 21 June 2018

TELECOMS & TECHNOLOGY

TelOne offering enters the big data services

TELONE managing director, Chipo Mtasa says the need for data networks such as the 'big data' concept is now mission-critical for almost all organisations.Speaking at a data seminar in Harare recently,...

By Staff reporter | Published: 21 June 2018

INDUSTRIALS & ENERGY

Zesa employees injured in freak accident

FOUR Zesa employees in Bulawayo escaped death by a whisker yesterday when a circuit breaker they were working on caught fire and severely burnt them.The accident happened along a sanitary lane between...

By Staff reporter | Published: 21 June 2018

INDUSTRIALS & ENERGY

Bulk fuel imports increase

SHIPPING agents at Beitbridge Border Post yesterday said they had observed a sharp increase in bulk fuel imports from South Africa, as the country moves to restore normal supplies following last week'...

By Staff reporter | Published: 21 June 2018

MINING & RETAIL

Gold output up 17% in May

ZIMBABWE'S gold output for the month of May increased by 17% to 3,4 tonnes compared to the previous month figures with small-scale miners maintaining their production dominance over primary producers,...

By Staff reporter | Published: 21 June 2018

TRANSPORT & TOURISM

NRZ boss lands top Sara post

NATIONAL Railways of Zimbabwe (NRZ) general manager Lewis Mukwada has been appointed president of the Southern Africa Railways Association (Sara) for the 2018 – 2019 period.Mukwada, who will be depu...

By Staff reporter | Published: 21 June 2018

TELECOMS & TECHNOLOGY

Econet payroll moved to Ecocash

ECONET Wireless Zimbabwe has started paying its staff through EcoCash in what the telecommunications giant says is to spare its employees from the hassle of spending time in bank queues.In a statement...

By Staff reporter | Published: 21 June 2018

MINING & RETAIL

Tharisa to advance $8 million to Karo Platinum

EUROPEAN headquartered integrated resource group, Tharisa, has pledged to provide $8 million debt facility to Karo Platinum for initial geological and sampling work at the $4,2 billion platinum projec...

By Staff reporter | Published: 21 June 2018

TRANSPORT & TOURISM

ZTA ropes in Mai Chisamba

THE Zimbabwe Tourism Authority (ZTA) has engaged popular talk show host Rebecca Chisamba, popularly known as Mai Chisamba as a domestic tourism ambassador as part of their ongoing programme to encoura...

By Staff reporter | Published: 21 June 2018

FINANCIAL SERVICES

Deadline for Royal Bank claims

DEPOSITORS of the defunct Royal Bank who are yet to submit their claim forms to the Deposit Protection Corporation (DPC) have up to the end of next month to do so after which deadline no insurance cla...

By Staff reporter | Published: 21 June 2018

TRANSPORT & TOURISM

Women in tourism join forces

WOMEN in the tourism industry in Manicaland have joined forces to form an association that seeks to enhance their businesses and come up with sustainable solutions to challenges facing them. The assoc...

By Staff reporter | Published: 21 June 2018

TELECOMS & TECHNOLOGY

Econet unveils EcoCash business wallet

Econet's mobile money service Ecocash, has unveiled the Ecocash Business Wallet to cater for both formal and informal businesses, becoming the first in Africa to have an enterprise transaction service...

By Staff reporter | Published: 21 June 2018
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