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Sikhulekelani Moyo, [email protected] CONFEDERATION of Zimbabwe Industries (CZI) and the Swedish Embassy in Zimbabwe have launched a US$2,5 million cooperation agreement, to boost the association’s capacity as a force for industrial transformation, enterprise development and entrepreneurship development. The partnership is meant to assist CZI in implementing its 2024-2028 “From Institutional Transformation to Industrial Transformation” strategy. […]
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Leonard Ncube, [email protected] PRESIDENT Mnangagwa is expected to commission the new lithium mine operated by Kamativi Mining Company (KMC) next Friday. Mines and Mining Development Minister Zhemu Soda visited the mine last month on the sidelines of the 9th Ordinary Meeting of the African Diamond Producers Association (ADPA) that took place in Victoria Falls to […]
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Michelle Moyo, [email protected]` BULAWAYO City Council service debt ballooned to US$45 million in February as residents, industries, and Government departments owed the local authority various amounts with councillors saying some consumers were reluctant to pay their bills because they had been discouraged by the high bills they received. The local authority says the number of people […]
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Sikhulekelani Moyo, [email protected] THE ZITF Company has altered and expanded the 2024 exhibition theme from “Innovation: The Catalyst for Industrialisation and Trade,” to “Innovation: The Catalyst to Industrialisation and Trade” with organisers saying the new theme recognises that innovation and entrepreneurship are complementary forces that work together to open pathways to economic growth and progress. The […]
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Flora Fadzai Sibanda, [email protected] THE Minister of Women’s Affairs Community Small to Medium Enterprises Development, Monica Mutsvangwa, is today expected to headline the second edition of the Open Day Market and Exhibition in Bulawayo, a platform aimed at celebrating women’s entrepreneurship. The exhibition is organised by the Organisation of Women in International Trade (Owit) Zimbabwe Chapter […]
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Leonard Ncube, [email protected] FLY Namibia yesterday launched its maiden flights between Windhoek and Victoria Falls, as Government reiterated that it is pulling all stops in order to […]
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Business Writer DELTA Corporation has to date invested US$2 million in its school bursary programme that has benefited 1 200 students, the Corporation’s General Manager – Corporate Affairs, Patricia Kudzai Murambinda said. The bursary scheme program is also complemented by Delta Technical Institute (DTI) which develops artisans for the group from A-Level students. The DTI […]
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Sikhulekelani Moyo, [email protected] LISTED Exchange Traded Fund (ETF) Cass Saddle Agriculture has called upon farmers to heed the call by the Government and invest in conservative farming techniques to reduce the effects of droughts which are caused by climate change. The Cass Saddle Agriculture Exchange Traded Fund (CSAG) debuted on the Zimbabwe Stock Exchange on 15 […]
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Sikhulekelani Moyo, [email protected] MORGAN & Co Made in Zimbabwe Exchange Traded Fund (ETF) has said the manufacturing sector has shown resilience during 2023, despite the challenges being faced by the sector. The Made in Zimbabwe ETF is an actively managed fund which primarily invests in Zimbabwean manufacturing companies. Normally, at least 80 percent of the fund […]
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Nqobile Bhebhe, [email protected] FBC Holdings (FBCH) Limited expects to complete the acquisition of 100 percent shareholding in Standard Chartered Bank Zimbabwe Limited in the second half of the year as it has received most of the necessary regulatory approvals and is working towards fulfilling conditions precedent to the acquisition. The Reserve Bank of Zimbabwe (RBZ) Registrar […]
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Michelle Moyo, [email protected] THE National Social Security Authority (NSSA) Matabeleland region won two accolades last week where its regional manager was recognised as the most influential young business leader in Zimbabwe and the regional office was voted as the First Runner Up in the public sector. Speaking to Business Chronicle, NSSA Bulawayo regional manager, Ms Sithatshisiwe […]
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Senior Business Writer THE National Railways of Zimbabwe (NRZ) is intensifying its estate verification exercise, giving individuals and entities occupying or possessing properties registered under NRZ without a valid lease agreement or authorised transfer, 30 days to regularise. The parastatal launched a nationwide blitz to recover over US$2,3 million owed by the leaseholders. The estate […]
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Senior Business Writer INDUSTRY and Commerce Minister, Mangaliso Ndlovu yesterday implored departments under the ministry to align with the expectations of President Mnangagwa of high work ethic, humility, respect and integrity to meet service delivery expectations. Minister Ndlovu said this during the 2024 signing of performance contracts in his ministry in Harare recently. He said […]
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Sikhulekelani Moyo, [email protected] CIGARETTE producer British American Tobacco (BAT) contributed more than $115 billion to the treasury through different tax heads achieving a total revenue of $288 billion for the year ended December 31, 2023, the company has said. In a statement accompanying its end-of-year financial results for the period ended December 31, 2023, the group […]
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