Pension fund up by 1%

Employers and employees will pay more pension contributions to the National Social Security Authority (NSSA) after the raising of pension fund by one percent.The development, to be effected in...Read more

Pension fund up by 1%

2013 May 14 | 1540 Views
Employers and employees will pay more pension contributions to the National Social Security Authority (NSSA) after the raising of pension fund by one percent.The development, to be effected in...

by Staff Reporter

ZITF was an improvement

2013 April 30 | 1999 Views
Professor Welshman Ncube has said the 54th Zimbabwe International Trade Fair (ZITF) was an improvement from last year because high quality products were showcased as compared to last year.The...

by New Ziana.

Zim women miners eye US$200m deal for diamond mining

2013 April 28 | 1799 Views
The Zimbabwe Women in Mining is negotiating for a US$200 million deal with a South African investor to sponsor women to mine diamonds in the Chiadzwa area of Marange, an official has said.Four...

by Staff Reporter

'Resuscitate Bulawayo industries,' says Khupe

2013 April 28 | 1963 Views
DEPUTY Prime Minister Thokozani Khupe says Bulawayo's collapsed industries could be revived if all stakeholders work together.Once the country's industrial hub, companies in Bulawayo have eith...

by Staff reporter

Harare companies dominate ZITF

2013 April 26 | 2043 Views
THIS year's edition of the Zimbabwe International Trade Fair (ZITF) is dominated by Harare companies who make up 57% of local exhibitors, with Bulawayo firms accounting for 35%.More than 100 ...

by Nqobile Bhebhe

Financial service providers gets $11,5 million to boost operations

2013 April 23 | 2179 Views
THE Zimbabwe Microfinance Wholesale Facility Trust (ZMWFT) has disbursed $1.5 million to capacitate the operations of financial service providers that serve micro, small and medium enterprises since ...

by Business Reporter

Mayor of Bulawayo welcomes exhibitors and visitors to ZITF

2013 April 23 | 2342 Views
MESSAGE from His worship the Mayor of Bulawayo, Councillor Thaba Patrick Moyo, to welcome exhibitors and visitors to the 2013 Zimbabwe International Trade Fair....

by Staff Reporter

ZITF roars into life today

2013 April 23 | 1546 Views
The annual Zimbabwe International Trade Fair roars into life today with a number of exhibitors late yesterday racing against time to complete their stands ahead of the country's largest trade showcase...

by Staff reporter

Chiyangwa calls for govt to resuscitate closed, distressed companies to create jobs

2013 April 22 | 1865 Views
The Harare property tycoon and aspiring Zanu-PF candidate for Chinhoyi constituency Phillip Chiyangwa has called on government to resuscitate closed and distressed companies to create jobs for une...

by Staff Reporter

Bulawayo hotels fully booked

2013 April 22 | 2228 Views
The country's second largest city, Bulawayo, has virtually run out of hotel accommodation ahead of the of the Zimbabwe International Trade F...

by Business Reporter

ZITF set to roll

2013 April 22 | 1351 Views
All is set for the 54th edition of the Zimbabwe International Trade Fair (ZITF) in Bulawayo with a number of exhibitors and visitors already in the city ahead of the premier trade showcase which start...

by Business reporter

16 countries to participate at Zimbabwe International Trade Fair

2013 April 19 | 3014 Views
SIXTEEN countries will participate at this year's Zimbabwe International Trade Fair with Ghana coming in as a new entrant.The trade fair runs from 23 to 27 April at the Zimbabwe Interna...

by Staff Reporter

Datlabs losses Ingrams' Camphor Cream licence

2013 April 18 | 4011 Views
TIGER Brand of South Africa has cancelled an arrangement under which Datlabs (Private) Limited Zimbabwe's pharmaceuticals and personal care products manufacturer and Bulawayo firm had manufactured the...

by Business reporter

'Closure of firms is nationwide,' says Eric Block

2013 April 12 | 2574 Views
DE-INDUSTRIALISATION is affecting the whole country despite the misconception that Bulawayo is the only city being affected by the closure and relocation of firms to other towns, an official has said....

by Business Reporter

ZMDC in talks with foreign investors

2013 March 26 | 1996 Views
The Zimbabwe Mining Development Corporation (ZMDC) says it is in talks with several foreign investors to partner the newly set up Mining Promotions Corporation (MPC) in the exploration of the country'...

by Staff Reporter

ZSE launches online data portal

2013 March 26 | 2017 Views
HARARE- The ZSE has launched an online data portal which will provide information on listed companies to local investors, foreign investors and stakeholders. ZSE acting chief executi...

by Staff Reporter

Zim’s Railroads Riding to Extinction

2013 March 25 | 2908 Views
HARARE - Zimbabwe’s rail transport system may be nearing extinction if the government does not take drastic action to solve the series of operational challenges that have made commuter and goods tra...

by Staff Reporter

959 work injuries and 30 deaths in first two months of year

2013 March 20 | 2496 Views
Work-related deaths continue to increase at alarming rate There were 959 serious injuries and 30 deaths at work in the first two months of this year, A...

by Mike Hamilton / MHPR

Mujuru orders Chisumbanje Ethanol plant be open by Monday

2013 March 20 | 2759 Views
ACTING President Joice Mujuru yesterday ordered that the Chisumbanje Ethanol plant be open for operations by Monday next week.She said its closure had affected workers, farmers and villagers i...

by Staff Reporter

SMEs new secondary bourse starts in September

2013 March 20 | 1509 Views
THE Zimbabwe Stock Exchange will start the listing of Small-to-Medium Enterprises on a new secondary bourse by next September 30.In October last year, the ZSE announced they were working o...

by Staff Reporter

Miners urge govt to review mining political administrative boundaries

2013 March 19 | 1727 Views
THE Zimbabwe Miners' Federation has urged Government to review the existing mining political administrative boundaries to ensure that districts where mining activities are taking place benefit directl...

by Staff Reporter

Standard Chartered Bank committed to Bulawayo industry revival

2013 March 08 | 2254 Views
STANDARD Chartered Bank Zimbabwe is committed to supporting the revival of industries in Bulawayo and will continue facilitating the development and growth of the economy, the bank's chairman, Mr Samu...

by Business reporter

Stanchart opens another branch in Bulawayo

2013 March 07 | 3014 Views
Standard Chartered Bank has added a second branch in Bulawayo with officials saying the financial institution is playing its role in the industrial revival of the city. The bank plans to inve...

by Staff reporter

Gono cancels Barbican Bank licence

2013 March 03 | 3442 Views
THE Reserve Bank of Zimbabwe (RBZ) has cancelled the registration of Barbican Bank after it failed to commence banking business within the required time frame, the apex bank said on Friday.In...

by Business reporter

Ingwebu set to re-open most of its beer outlets

2013 February 28 | 2764 Views
INGWEBU Breweries is set to re-open most of its beer outlets closed at the height of economic challenges as it completes the leasing of facilities under a franchise model.In an interview, Ingw...

by Staff Reporter

Knight Frank set to refurbish Bulawayo Centre

2013 February 25 | 3334 Views
Knight Frank an international property management firm that oversees Bulawayo Centre shopping mall, plans to embark on the second phase of the mall at an estimated cost of $10 mln. The sec...

by Staff Reporter

Dairibord relocating equipment from its Bulawayo factory to other cities

2013 February 24 | 3260 Views
ONE of the country's biggest manufacturer and marketer of food and beverage products Dairibord Holdings Limited is relocating equipment from its Bulawayo factory to other cities citing viability chall...

by Stff reporter

'Come to build your own industries and revive the economy' of the city, BYO youth urged

2013 February 23 | 3790 Views
YOUTH Development, Indiginisation and Empowerment Minister Saviour Kasukuwere has implored Bulawayo youths to take the city's economy back to its feet.Addressing youths during the handover of...

by Staff Reporter

ZITF bookings overwhelming

2013 February 18 | 2144 Views
Space booked so far for this year's Zimbabwe International Trade Fair now exceeds space taken by the same period last year, an official has said. ZITF deputy general manager Mrs Noma Ndlovu said a tot...

by Staff reporter

Fuel prices will continue rising over the next two months

2013 February 17 | 3323 Views
Energy experts forecast that local fuel prices will continue rising over the next two months in tandem with trends on the international market, raising fears that this might have a knock-on effect on ...

by Staff reporter

Ministry of Industry and Commerce in the dark about the Dimaf beneficiaries

2013 February 17 | 2550 Views
THE Ministry of Industry and Commerce is still waiting for CABS and Treasury to disburse $5 million to the 30 companies that the ministerial taskforce identified and is in the dark about the latest Di...

by Staff Reporter

Mealie-meal prices go up

2013 February 13 | 3285 Views
GRAIN millers around the country are facing difficulties sourcing grain locally and this has triggered an increase in mealie-meal prices, Grain Millers Association of Zimbabwe chairperson Mr Tafadzwa ...

by Staff Reporter

BCC closes down building, small scale businesspeople left stranded

2013 February 02 | 4078 Views
AT least 10 small scale businesspeople have been left stranded after the Bulawayo City Council declared a building they were operating from, a health hazard and closed it.Betsi Gordon Building...

by Business Reporter

100 SMEs evicted in Bulawayo

2013 January 12 | 3230 Views
AT least 100 Small to Medium Enterprise (SMEs) entrepreneurs were yesterday evicted from a privately-owned building, which they were renting in Bulawayo, over a long-standing dispute between the tenan...

by Business Reporter

Banks are ready to lower lending rates

2013 January 10 | 3405 Views
ZIMBABWEAN banks are prepared to lower lending rates and bank charges but are unlikely to meet recommendations by fiscal and monetary authorities. Banking sources said while no agreement had yet...

by Staff Reporter

Work related deaths continue to rise

2013 January 06 | 2696 Views
The National Social Security Authority ( NSSA) says accidents at the workplace continue to rise, with the year 2012 recording 103 deaths in a period which also saw 5000 cases of serious injuries. Acco...

by Staff Reporter

Govt sets up committee for the Essar deal

2012 December 30 | 2095 Views
GOVERNMENT has set up a committee to handle the paperwork on the sticky issue of iron claims ahead of the projected start of operations at NewZim Steel in January, Industry and Com...

by Staff Reporter

Supermarkets hike prices

2012 December 19 | 4056 Views
MOST supermarkets and other retail outlets in Bulawayo and Gweru have increased prices of basic grocery items to take advantage of the last minute rush for Christmas shopping. The situation is likely ...

by Staff reporter

SMEs get $240 000 revolving fund

2012 November 26 | 1909 Views
Small and medium scale entrepreneurs operating along major highways on Thursday received a $240 000 revolving fund to embark on various income generating projects.The fund, known as the Corrid...

by Staff Reporter

Fake vehicle spares flood the Zimbabwe market

2012 September 28 | 4384 Views
THE scourge of counterfeit products has permeated the entire economy, but what many had not envisioned was that the bane would affect the motoring industry so soon. Admittedly, counterfeits ar...

by Business Reporter

Cabinet approves multi-million-dollar deal between Essar and Ziscosteel

2012 September 07 | 3097 Views
Industry and Commerce minister Welshman Ncube said the Cabinet on Tuesday unanimously approved the multi-million-dollar deal between Ziscosteel and Indian company Essar Africa Holdings without am...

by Staff reporter

ZCTU welcomes approval of Essar Africa, ZISCO deal

2012 September 07 | 2535 Views
The Zimbabwe Congress of Trade Unions has welcomed Cabinet's long overdue approval of the Essar Africa-Zisco pact. Thousands of jobs have been on the line for the past few years as ZISCO ...

by Mafu Sithabile

Govt has no money to pay civil servants bonuses

2012 September 07 | 2068 Views
Gross under-performance of revenue inflows has crippled Government programmes including raising money to pay civil servants bonuses, Finance Minister...

by Business Reporter

Khupe launches National Energy Policy

2012 September 06 | 2423 Views
The Acting Prime Minister of Zimbabwe, Thokozani Khupe today launched the country's first National Energy Policy (NEP) in Harare. The launch comes at a time when Zimbabweans across the country have a...

by Staff reporter

SIDA signs US$15,2 million grant with UNICEF Zimbabwe

2012 September 05 | 2197 Views
The Swedish Government International Development Cooperation Agency (SIDA) has signed a US$15,2 million grant with UNICEF Zimbabwe that will improve the lives of many women and children in the country...

by Staff Reporter

Insurance sector urged to be more disciplined

2012 September 04 | 1657 Views
A local insurance expert has called on the local insurance sector to be more disciplined and get back to the basics in order to restore confidence of potential clients and partners.The insuran...

by Business Reporter

Dr Mpofu to officially open Zimbabwe Mining Indaba

2012 September 04 | 1631 Views
Dr Obert Mpofu, ...

by STaff Reporter

Fuel price goes up

2012 September 04 | 2524 Views
THE prices of fuel have gone up by between six cents and 10 cents a litre.The increase, effected at the weekend, has been attributed to rising prices on the international market....

by Business Reporter

Bulawayo Community urged to 'unite to revive closing industries'

2012 September 03 | 2190 Views
THE business community in Bulawayo has been encouraged to unite and work towards reviving industries whose closure has left thousands unemployed.Speaking during the official opening of Photo S...

by Staff reporter

Obert Mpofu's wife in new ZABG board

2012 August 22 | 4020 Views
Mines and Mining Development minister Obert Mpofu's wife Sikhanyisiwe and prominent Harare lawyer Farai Mutamangira have been appointed to new Zimbabwe Allied Banking Group (ZABG) board.Trebo...

by Business Reporter

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