Afsun confirms Kingdom Hotel exit
LOCAL hotelier, African Sun Limited has announced that it will be leaving Kingdom at Victoria Falls Hotel after operating at the hotel since 1966. The hotel was operating … Read More
Author: Admin
165 infrastructure projects lined-up to transform lives
A total of 165 projects, including dam construction, were tabled for implementation by the 21 ministries,departments and agencies. One hundred and sixty-five infrastructure development projects have been prioritised in the … Read More
More power imports to fuel high growth
Zimbabwe is seeking to import more power with the Zimbabwe Electricity Transmission and Distribution Company (ZETDC), Zesa’s distribution arm, having opened discussions with power companies in Zambia and Mozambique to … Read More
Invictus upgrades oil-gas estimates
AUSTRALIAN oil and gas exploration junior, Invictus Energy, says its Mukuyu-1 prospect is now one of the largest conventional exploration targets globally after an updated independent report revealed substantial oil … Read More
IPPs power output up 56pc to 99GWh
Zimbabwe’s independent power producers (IPPs) contributed 98,51 GigaWatt Hours (GWh) into the national grid in the first quarter of 2022, after significant increase in output, representing 4 percent of the … Read More
AFC to raise $2,5bn for winter wheat crop
THE Agricultural Finance Corporation (AFC) Holdings intends to raise $2,5 billion through the issuance of agro-bills to finance production of wheat during the 2022/23 winter cropping season. ‘Agro-bills are negotiable … Read More
Global body demand capital markets reforms
The Securities and Exchange Commission of Zimbabwe (SecZim) says legislative gaps are standing in the way for its full membership to the International Organisation of Securities Commissions (IOSCO) SecZim became … Read More
How AirZim can ride out crisis
Air travel is one of the drivers of globalisation as it makes it possible for people of different nationalities to mingle and interact. It enables cultural and business integration. The … Read More
Bulls to charge into Zimbabwe gold stocks
BULLS will aggressively charge into Zimbabwe’s gold stocks this year, as investors pile up trades, attracted by strong international commodity prices, according to new projections by Inter Horizon Securities (IH). … Read More
Steward Bank operating profit up 73%
Steward Bank posted a strong financial performance in the full year to February 28, 2022, with net operating income rising by 73% to ZW$7,5 billion from the ZW$4,4 billion achieved … Read More
