Business

With Zimbabwe’s second term starting and Online Learning becoming the new norm, the need to have a good connection to the internet is a must. Internet connectivity will be required to connect to platforms such as Zoom for Education, Google Classroom and even WhatsApp – a platform accessible to almost …

Business / Companies Zimbabwe Industry capacity utilisation to fall to 27% by Staff reporter <!– –> The Confederation of Zimbabwe Industries (CZI) has projected that industry’s capacity utilisation will fall to 27% this year if the government does not change its policy direction. According to the CZI’s 2019 CZI Manufacturing …

A NUMBER of listed companies failed to beat the extended deadline of up to end of April to release their 2019 financial statements due to the prolonged lockdown stemming from COVID-19. BY FIDELITY MHLANGA The Zimbabwe Stock Exchange last month issued a blanket extension for all companies whose half-year and …

Business / Local Business development through social media and useful services by Staff Writer <!– –> If you have your own business, you are definitely interested in its development. One of the ways to make a good profit is through social networks and a service that justifies the invested funds …

ZIMBABWE has failed to make it to the list of the world’s top 66 emerging economies — a list topped by neighbouring Botswana — due to high public and foreign debts and insufficient foreign reserves, among others. BY MTHANDAZO NYONI According to The Economist report on the financial strength of …

Business / Companies African Medallion Group comes to aid of Zim, SA in Corona virus fight by Agencies <!– –> African Medallion Group (AMG) has announced a financial aid package to the Zimbabwean and South African governments to the tune of R10 million in SA and $ 5million in Zimbabwe …

LOCAL financial services firm, IH Securities has raised concern over how the $18 billion stimulus package will be funded considering that government has not been able to secure external funding. BY TATIRA ZWINOIRA Last month, Finance minister Mthuli Ncube wrote to international financial institutions (IFIs) asking for a bailout or …

Vaya Logistics On Thursday launched Vaya Express Shopper, a free personal shopping service that allows customers to simply identify and pay for the groceries they want in a shop, and a dedicated “express shopper” does the shopping for them, and delivers it right to their doorstep. According to Vaya Logistics, …

Business / Local Zimbabwean government pins hope on amacimbi by Mandla Ndlovu <!– –> Zimbabwe’s investment promotion body Zimtrade has revealed that the country is planning to penetrate the European market and  begin the exportation of amacimbi. . Speaking to some sections of the media Zimtrade CEO Allan Majuru was …

THE Diaspora Infrastructure Development Group (DIDG) has vowed to pursue the US$400 million National Railways of Zimbabwe (NRZ) recapitalisation deal to the end following its termination by government last year. BY MTHANDAZO NYONI Government last year, under the instigation of Transport and Infrastructural Development minister Joel Biggie Matiza (pictured), cancelled …