TRANSPORT & TOURISM

Zimbabwe's travel, tourism business levels drops in first 9 months

Zimbabwe's travel and tourism sector business levels in the first 9 months to September recorded a 5% and 10% drop respectively when compared to the same period last year, with industry officials attr...

By Staff reporter | Published: 18 October 2019

BUSINESS NEWS

Zimbabwe business, labour confront govt over TNF

GOVERNMENT has been taken to task for failing to take the Tripartite Negotiating Forum (TNF) seriously at a time the country's economic crisis is worsening.The TNF is a social dialogue platform that b...

By Staff reporter | Published: 11 October 2019

BUSINESS NEWS

Business decries fuel price hikes

THE Zimbabwe National Chamber of Commerce (ZNCC) has expressed concern over continuous fuel price increases saying the trend was negatively impacting on production due to rising cost of goods and serv...

By Staff reporter | Published: 10 October 2019

TRANSPORT & TOURISM

Zim tour operators accuse Botswana of unfair business practice

ZIMBABWE'S tour operators have alleged unfair business practices by their Botswana counterparts, whereby they bring their clients straight to the country instead of letting them do that on their behal...

By Staff reporter | Published: 27 September 2019

INDUSTRIALS & ENERGY

ZPC sued for disrupting business

THE Zimbabwe Power Company (ZPC) has been sued for Z$2,6 million for disrupting electricity connections at a Mazowe farm, resulting in losses.Kukohwa Kurima (Pvt) Ltd (Kukohwa Kurima) has cited ZPC in...

By Staff reporter | Published: 27 September 2019

Old Mutual to manage capital from Zimbabwe business on ring fence basis

Old Mutual Limited (OML) says capital raised through repatriation of dividends from its Zimbabwe business will be managed on a ring-fenced basis. This came at a time when the local economy is bleeding...

By Staff reporter | Published: 22 August 2019

MINING & RETAIL

Govt to withdraw licences for profiteering businesses

GOVERNMENT is going to withdraw operating licenses of shops that are profiteering and give them to "patriotic" people, Defence and War Veterans Welfare deputy minister Victor Matemadanda has said.Spea...

By Staff reporter | Published: 09 July 2019

BUSINESS NEWS

Beitbridge businessman and Zanu-PF loyalist Chiwa dies

Beitbridge businessman and Zanu-PF loyalist Manu Chiwa has died.Chiwa died on admission at the Beitbridge Hospital after he was involved in an accident on Wednesday night.Matabeleland South police spo...

By Staff reporter | Published: 05 July 2019

BUSINESS NEWS

Mnangagwa threatens profiteering businesses

President Emmerson Mnangagwa has threatened to come down hard on shops that are refusing to slash prices after his government last week dumped the decade-old multi-currency system and re-introduced th...

By Staff reporter | Published: 03 July 2019

TRANSPORT & TOURISM

African Sun says business booming

LISTED hospitality group, African Sun (Pvt) Limited, says its business has been growing since last year in response to positive business sentiment under the new dispensation.  The group was estab...

By Staff reporter | Published: 14 June 2019

LANDS & AGRICULTURE

Schweppes' tomato business teetering

BEVERAGES maker Schweppes Zimbabwe Limited's (SZL) newly introduced tomato business is struggling to find its feet due to lack of competitiveness.SZL commercial and public affairs director Mrs Unaiswi...

By Staff reporter | Published: 05 May 2019

BUSINESS NEWS

Embrace the 'ease of doing business' concept

Local authorities here have been challenged to embrace the "ease of doing business" concept to enhance the achievement of a middle-income economy in line with the Government's Vision 2030. Speaking on...

By Staff reporter | Published: 03 May 2019

POLITICS

Zanu-PF youths threaten businesses

ZANU-PF youth league yesterday threatened to deal with shops which are increasing prices of goods saying they want people to demonstrate and overthrow the government.This comes as the cost of living i...

By Staff reporter | Published: 01 May 2019

BUSINESS NEWS

Zimbabwe business confidence levels plummet

CAPTAINS of industry and the generality of the population are slowly losing hope in government's ability to turn-around the country's economic fortunes.The general impression emerging is that governme...

By Staff reporter | Published: 28 April 2019

BUSINESS NEWS

Zimbabwe makes headway in Ease of Doing Business

THE Government is making concerted efforts to improve the Ease of Doing business as it moves to attract Foreign Direct Investments (FDIs) into the country.Speaking at the Zimbabwe International Busine...

By Staff reporter | Published: 28 April 2019

BUSINESS NEWS

Beneficiaries from the govt loan for businesses affected by January riots

Finance and Economic Development Minister Professor Mthuli Ncube said he was satisfied with the process being undertaken by the Government towards assisting businesses, which were looted and had their...

By Staff reporter | Published: 28 April 2019

BUSINESS NEWS

Business should pay back loans - Modi

Industry and Commerce deputy minister Raj Modi says business should uphold ethical standards and repay borrowed funds.Modi was speaking to captains of industry during the CZI/ZITF Buyers-Sellers Forum...

By Staff reporter | Published: 26 April 2019

BUSINESS NEWS

Chiwenga urges businesses to grab Belarus export opportunities

VICE President Dr Constantino Chiwenga yesterday called on Zimbabwean businesses to grab investment and export opportunities presented by Belarus, which is exhibiting for the first time at the Zimbabw...

By Staff reporter | Published: 26 April 2019

BUSINESS NEWS

Cassava ventures into trucking business

LISTED technology solutions firm, Cassava Smartech Zimbabwe, yesterday launched the Vaya logistics unit, an additional entity that deals with delivery trucks and van services under its Vaya division.T...

By Staff reporter | Published: 25 April 2019

BUSINESS NEWS

Plunging economy hammers business

Zimbabwe's shrinking economy- compounded by skyrocketing inflation, the escalating cost of doing business and surging parallel foreign exchange rates is worsening the plight of commerce and industry i...

By Staff reporter | Published: 25 April 2019

BUSINESS NEWS

'ZIDA Bill to improve ease of doing business'

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...

By Staff reporter | Published: 24 April 2019

BUSINESS NEWS

Minister urges women to up their game in business

ZIMBABWEAN women run the risk of remaining in the business doldrums if they do not up their game and come up with products that compete in the open market.This was said by Bulawayo Metropolitan Affair...

By Staff reporter | Published: 24 April 2019

BUSINESS NEWS

Business welcomes RTGS for FCAs

Business has welcomed the Reserve Bank of Zimbabwe (RBZ)'s move to allow payments through the real time gross settlement (RTGS) system for foreign currency account (FCA) holders.The Ministry of Financ...

By Staff reporter | Published: 30 January 2019

POLITICS

Business skills training for war vets

THE National Business Council of Zimbabwe (NBCZ) has embarked on nationwide capacity-building and training programmes for war veterans to venture into sustainable income- generating projects with the ...

By Staff reporter | Published: 21 December 2018

POLITICS

Zanu PF councillor threatens to kill businessman

ZANU PF councillor for Mberengwa ward 35 has been slapped with a $150 fine or an alternative three-month jail term for threatening to kill a local businessman.Kufazvinei Mzezewa (37) of Honyobwe in Mb...

By Staff reporter | Published: 20 December 2018
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