Zimplow to leverage on NDS1
Zimplow Holdings Limited says the group is boosting its capacity utilisation to meet growing demand for the transport, mining and agriculture clusters that are seen as key enablers for achieving … Read More
Author: Admin
Redan Petroleum granted interim order against Redan Coupon
A fuel retail company, Redan Coupon (Private) Limited, has been blocked from receiving and selling petroleum products from third parties at two service stations in Westgate and Avondale, Harare, until … Read More
Trade deficit narrows to US$50 million in April
Zimbabwe’s trade deficit for the month of April 2022, narrowed to US$49,9 million from US$156 million.This came as the value of monthly exports increased marginally in the month under review … Read More
Battery export market charges Art Corporation
ART Corporation (ART) says the group remained resilient despite the challenges in the economy and registered moderate volume growth across its business units during the half-year ended March 31, 2022. … Read More
Platinum producers secure special deals with Zesa
ZIMBABWE’S platinum miners have entered into a special arrangement with Zesa where the mines prepay the power utility’s offshore creditors in exchange for guaranteed and uninterrupted electricity supply to boost … Read More
Move to revive Zim-Egypt cooperation
Zimbabwe and Egypt are keen to resuscitate economic cooperation for the mutual benefit of both countries under the banner of Zimbabwe-Egypt Joint Permanent Commission on Cooperation. The two countries’ willingness … Read More
Mbudzi roundabout closes as interchange works begin
THE Mbudzi roundabout in Harare will be closed for one and half years to enable the construction of a traffic interchange to proceed with minimum disruptions. The roundabout is at … Read More
Maize producers demand price review
PRESSURE is mounting on government to double the maize producer price to US$390 per tonne, which was the obtaining price in 2018 prior to introduction of local currency, NewsDay has … Read More
NMB Bank scouts for US$30m after EIB deal
NMB chief finance officer Margret Chipunza, chief executive Gerald Gore and EIB regional representative for southern Africa and Indian Ocean Jim Hodges sign the €12,5 million facility agreement as head … Read More
Potraz launches revenue monitoring system
THE Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz) yesterday launched the Telecommunications Traffic Monitoring and Revenue Assurance System (TTMS) to curb financial leakages at mobile service providers. The system, … Read More
