However, achieving this goal requires collective hard work, focus, dedication, innovation, and collaboration, he cautioned.
Business
By Online Reporter
12h ago
However, to this day, local players are yet to receive any details on how this takeover will occur.
Business
By Melody Chikono
Dec. 31, 2024
When the central bank banned cryptocurrencies, one bitcoin was worth about US$8 800, which peaked to US$101 373,53 as of December 15 this month.
Business
By LEE MUSAIDZI
Dec. 31, 2024
MOSIP was established in 2018 to address complex challenges around the implementation of foundational identification (ID) systems.
Business
By Melody Chikono
Dec. 31, 2024
Of this, 600MW would come from solar, geothermal (50MW), biomass (1 000MW), small hydro (120MW) and wind (100MW), according to the Zimbabwe Energy Council.
Business
By TAFADZWA MHLANGA
Dec. 31, 2024
Yet, these young miners continue to face significant bottlenecks in securing financing for mining activities from banks or microfinanciers.
Business
By LEE MUSAIDZI
Dec. 30, 2024
UA stands for Units of Account and is akin to the Special Drawing Rights of the International Monetary Fund.
Business
By Tatira Zwinoira
Dec. 30, 2024
Nardos Bekele-Thomas, the chief executive officer of African Union development agency Auda-Nepad
Business
By Business Reporter
Dec. 28, 2024
Locally, Tongaat operates through its wholly owned Triangle Sugar operation and a 50,3% shareholding in the agriculture and agro-processing firm, Hippo Valley Estates Limited.
Business
By Tatira Zwinoira
Dec. 27, 2024
In a statement, FAO said the El Nino-induced drought left soils dry, worsened by poor rainfall this month.
Business
By TAFADZWA MHLANGA
Dec. 27, 2024
Chitungwiza’s informal water vendors have created a thriving, albeit unregulated, market for water selling.
Business
By LEE MUSAIDZI
Dec. 27, 2024
“Creditors and other stakeholders shall be notified of further processes by the corporate rescue practitioner,” Khayah said.
Business
By Business Reporter
Dec. 24, 2024
For, the country’s energy-intensive mining industry, the question arose: Will miners make such a just transition to greener energy?
Business
By TAFADZWA MHLANGA
Dec. 24, 2024
National Foods last month announced that it would delist from the VFEX to streamline its operations and concentrate on long-term strategic objectives.
Business
By TAFADZWA MHLANGA
Dec. 24, 2024
However, by September, the domestic currency experienced a double-digit depreciation in its value.
Business
By TAFADZWA MHLANGA
Dec. 24, 2024
Growing geopolitical tensions in the Middle East and Europe, as well as major western nations facing inflationary pressures, led to volatile commodity prices.
Business
By TAFADZWA MHLANGA
Dec. 23, 2024
Kavango has three gold mining projects in Zimbabwe — the Nara Gold Project, Leopard Project and Hillside Project.
Business
By Business Reporter
Dec. 23, 2024
The independent non executive directors that resigned are Rugare Chidembo, James Mushore, Stewart Cranswick and Simmon Hammond.
Business
By Tatira Zwinoira
Dec. 23, 2024
We sincerely apologize for the inconvenience caused by the system challenges to all our valued customers.
Business
By Staff Reporter
Dec. 22, 2024
This award recognised company secretaries who have mastered complex legal and regulatory environments, making a demonstrable difference.
Business
By Online Reporter
Dec. 21, 2024
Nyazema said the group was actively raising additional funding to address liquidity challenges and stimulate economic activity.
Business
By Ashton Ndakusiya
Dec. 13, 2024
He said the idea of the project was to have clinics operating throughout the day.
Business
By TAFADZWA MHLANGA
Dec. 13, 2024
However, Matshe said as of September 30, 2024, all banking institutions were adequately capitalised.
Business
By Tatira Zwinoira
Dec. 13, 2024
PaR is a key financial metric used to measure the health of a loan portfolio, particularly in microfinance and banking.
Business
By LEE MUSAIDZI
Dec. 13, 2024
He bemoaned the pressure being exerted on the formal sector due to smuggled and counterfeit products that are dominating the market.
Business
By TAFADZWA MHLANGA
Dec. 12, 2024
This was after the firm lost tens of millions of dollars from its market capitalisation on the ZSE, since it listed on the bourse on February 3, 2022.
Business
By Tatira Zwinoira
Dec. 12, 2024
Local exporters are required by law to surrender the remaining 25% to the Reserve Bank of Zimbabwe in exchange for local currency.
During the period under review, the group invested in advanced equipment and established its own manufacturing facilities for high-demand products.
Business
By Tatira Zwinoira
Dec. 11, 2024
The stakeholders include the lender group, the Industrial Development Corporation of South Africa Ltd and shareholder bodies.
Business
By Tatira Zwinoira
Dec. 11, 2024
The banker’s call to action resonated deeply with attendees, as he highlighted the importance of adapting to the ever-changing landscape of the financial services sector.
Business
By LEE MUSAIDZI
Dec. 11, 2024
The informal sector is now estimated to make up between 60% and 70% of the economy, generating annual revenue of US$14,2 billion, according to the central bank.
Business
By TAFADZWA MHLANGA
Dec. 10, 2024
Khumbula made the remarks at the recent 2024 Environmental Reporter of the Year Awards, hosted and sponsored by RTG and local environmental focused group, Environment Africa.
Business
By Ashton Ndakusiya
Dec. 10, 2024
The annual event was held under the theme Procurement Excellence in the Digital Age.
Business
By Blessed Ndlovu
Dec. 10, 2024
In a statement yesterday, CBZ Holdings said it “will no longer be proceeding with the mandatory offer to the minority shareholders in First Mutual Holdings Limited.”
Business
By Tatira Zwinoira
Dec. 10, 2024
EcoSure’s decade-long journey has been marked by relentless innovation.
Business
By Staff Reporter
Dec. 9, 2024
Cross said the dispensation would allow it to service the external liabilities that would be created by their activities.
Business
By Melody Chikono
Dec. 9, 2024
The composition reflects a more granular and well-diversified pool of assets to appeal to a broad spectrum of investors.
Business
By Melody Chikono
Dec. 9, 2024
To address financial barriers, ZimTrade partnered Ecobank to offer tailored financial packages and provided equipment and machinery as prizes to support youth businesses.
Business
By Ashton Ndakusiya
Dec. 9, 2024
The AfDB boss said the AIF was a continuum and as the Africa Investment Forum Founding Partners.
Business
By Melody Chikono
Dec. 8, 2024
The re-election of Trump on November 5 has added US$1,43 trillion to cryptocurrency’s overall market capitalisation.
Business
By Tatira Zwinoira
Dec. 6, 2024
Prior to this, the sugar sector was eroded by 25% from imported sugar products.
Business
By TAFADZWA MHLANGA
Dec. 6, 2024
The Seed Co Group consists of sister companies Seed Co Limited, which operates locally and Seed Co International, which mostly focuses on markets outside Zimbabwe.
Business
By LEE MUSAIDZI
Dec. 6, 2024
SEFA’s overarching goal is to contribute to universal access to affordable, reliable, sustainable, and modern energy services for all in Africa.
Business
By MELODY CHIKONO
Dec. 6, 2024
The EIB vice-president said the major priority for the bank in Africa was the promotion of women’s entrepreneurship, which was normally under SMEs.
Business
By Melody Chikono
Dec. 5, 2024
After the ZiG currency had its biggest single-day drop in September to US$1:ZiG24,39 from a prior-day comparative of US$1:ZiG13,99, the market has become volatile.
Business
By TAFADZWA MHLANGA
Dec. 5, 2024
CDC has embarked on a campaign to educate the public about the unclaimed shares and how they can be reclaimed. The unclaimed shares are held in the Investor Protection Fund.
Business
By TAFADZWA MHLANGA
Dec. 4, 2024
The goal is to entice the uptake of these projects from the private sector and development partners.
Business
By Blessed Ndlovu
Dec. 4, 2024