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Lingani Nyika in Masvingo MORE than 60 boreholes have been rehabilitated in Masvingo Central constituency with several schools and homes connected to electricity as the Second Republic walks the talk in driving sustainable development in all parts of the country. The borehole water project has enhanced access to clean water in wards 13, 15, 16, […]
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The Zimbabwe Power Company (ZPC) is engaging Intratek to push it to resume works at the planned 100 megawatt Gwanda solar project in Matabeleland South province, Parliament heard on Tuesday. Intratrek Zimbabwe, owned by businessman and socialite Mr Wicknell Chivhayo, was awarded a tender for the engineering, procurement and construction of a 100MW Gwanda Solar […]
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Sikhulekelani Moyo, [email protected] SMALL and medium enterprises (SMEs) have been urged to capitalise on different business fora which run concurrently with the Zimbabwe International Trade Fair (ZITF) to expand their business knowledge and strike deals with suppliers and buyers. SMEs have become a huge economic force in the country and across the globe but most […]
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Michelle Moyo, [email protected] Hwange Local Board has reserved vast land for the construction of tourism and hospitality facilities as it seeks to maximise on its proximity to the country’s biggest wildlife sanctuary, Hwange National Park and the Victoria Falls. The local authority is poised to be a favourable location for the setting-up of hospitality infrastructure and […]
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Sikhulekelani Moyo, [email protected] SMALL-scale miners continue to lead in gold production, which saw the sector producing 57 percent of the gold during the 2023 fourth quarter, the national statistics agency, ZimStat has said. According to the agency, the statistical release presents quarterly Indices of Mineral Production (IMP) for the period 2019 to the 4th quarter of […]
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Sikhulekelani Moyo, [email protected] INDUSTRY and Commerce Minister Mangaliso Ndlovu has said there is a need to enrich digital space by retooling major facets of the economy to bring about the requisite resilience and to deliver greater efficiencies across all value chains. He said this during the United Nations Conference on Trade and Development (UNCTAD) E-trade Readiness […]
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Business Writer OF the 3 821 candidates in Bulawayo who sat for a certificate of competence tests in the third quarter of 2023 only 1371 passed, representing a percentage of 35,9, latest figures from the Zimbabwe National Statistics Agency show. In its fourth quarter 2023 Transport Statistics report released on Wednesday (today), the agency said […]
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Nqobile Bhebhe, [email protected] Zimbabwe’s platinum producers, hit by the global softening of metal prices, which have a bearing on financial performance and national revenue collections, are resorting to trimming their workforce to stay afloat. The price slump is attributed to a slowdown in global demand, particularly from the automotive industry, a major consumer of platinum. Early […]
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Sikhulekelani Moyo, [email protected] ZIMBABWE National Chamber of Commerce (ZNCC) president, Mr Mike Kamungeremu, has been recognised for his leadership role in steering the lobby group to play a pivotal role in championing business interests, advocating for reforms, and improving the ease of doing business. Mr Kamungeremu, who has been at the helm since 2022, was honoured […]
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Nqobile Bhebhe, [email protected] AUSTRALIA Stock Exchange (ASX) listed and Zimbabwe-focused oil and gas exploration company, Invictus Energy, is already casting its eyes on the regional market, to take advantage of the significant power and looming gas shortfalls in South Africa and untapped potential in Zambia to supply gas. The firm recently indicated that samples sent to […]
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Michelle Moyo, [email protected] BULAWAYO entrepreneurs are taking advantage of the abundance of baobab trees in the surrounding region, to value-add to the fruit and produce an assortment of baobab drinks. Several traders told Business Chronicle that there is a ready market for the various drinks produced from baobab. Beneficiation of baobab is fast gaining traction among […]
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Sikhulekelani Moyo, [email protected] THE national trade development and promotion body, ZimTrade is in Angola for a pre-visit mission as they prepare for the Angola trade mission. ZimTrade is moving to take advantage of the momentum triggered by the economic diplomacy drive to penetrate more markets as it works towards attaining US$14 billion in trade by 2030 […]
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Michael Magoronga,[email protected] THE mining town of Kwekwe will host the National Social Security Authority (NSSA) workshop for engineers scheduled for a local hotel from 20 to 22 March. More than 3 000 engineers from across the country’s 10 provinces are expected to converge in the mining town for the two-day workshop which is expected to […]
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Business Correspondent STANBIC Bank Zimbabwe has launched a ‘Mining Client Value Proposition, signalling renewed dedication to empowering the mining sector and driving sustainable economic growth in the country. The initiative cements the bank’s rich legacy of providing unwavering support to the mining sector, says chief executive officer, Mr Solomon Nyanhongo. The bank’s ethos is encapsulated […]
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