Deputy Minister Fred Moyo

Govt probes Apple Bridge chrome deals

Patrick Chitumba, Midlands Bureau Chief The Government  has directed Apple Bridge Investment, a special purpose vehicle it created to buy and export chrome from small scale miners, to declare its bus...
Mr Denford Mutashu

Rural retailers cry foul

Kiyapili Sibanda, Business Reporter THE absence of internet connectivity and lack of sound Information Communication Technology infrastructure is making it difficult for rural businesses to embrace u...
BancABC branch in Bulawayo

BancABC avails $35m to SMEs

Patrick Chitumba, Midlands Bureau Chief REGIONAL banking group ABC Holdings’ subsidiary, BancABC Zimbabwe, has to date availed a total of $35 million for on-lending to small to medium enterprises (SM...
South African Rand Currency At First National Bank

SA rand recovers

JOHANNESBURG. — The rand bounced back on Friday morning after Thursday’s surprise interest rate cut hit the South African currency, as analysts predict that a weak dollar and high risk appetite will ...
Minister Patrick Chinamasa

Gwanda solar plant price markdown gets nod

Golden Sibanda, Harare Bureau SHANGHAI Stock Exchange listed, CHiNT Electric Co, contracted by Zimbabwe Power Company to build the 100 megawatt Gwanda solar plant, has confirmed feasibility of buildi...
Minister Joram Gumbo

Govt to take over NRZ, CAAZ debts

THE Government plans to assume debts owed by the National Railways of Zimbabwe (NRZ) and the Civil Aviation Authority (CAAZ) to improve their attractiveness to potential investors, a Cabinet Minister...
Mr Larry Mavima

NRZ suitor offers $2.5bn bid

Harare Bureau ONE of the bidders for the National Railways of Zimbabwe (NRZ) recapitalisation programme has pledged to secure up to $2.5 billion towards turning around the parastatal.
MrJason Machaya

Runde avails1 600 stands

Sharon Chiware, Midlands Reporter RUNDE Rural District Council (RDC) has unveiled 1 600 residential and commercial stands for development on the outskirts of Zvishavane town. Council chief executive ...