Zambezi Gas gets 25-year mining licence
(The Source) – Zambezi Gas has secured a full mining licence for 25 years and plans to increase coal production from the current 60,000 tonnes per month to 150,000 tonnes. … Read More
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Zimbabwe trade deficit narrows 27pct in 8 months
(The Source) — Zimbabwe’s trade deficit narrowed by 27 percent to $1,3 billion in the first eight months of the year, after exports increased by 48 percent, latest trade data … Read More
Asset manager Imara merges with Kura Capital
(The Source)- Regional asset manager Imara Holdings has merged with Mauritius-registered fund, Kura Capital Limited in a deal that will see the creation of a pan-African fund manager with over … Read More
Appetite for stocks drives ZSE up
(The Source) – The Zimbabwe Stock Exchange mainstream index on Wednesday advanced 3,68 percent to 404,37 points with gains across the board as appetite for stocks remained high. However, the … Read More
Innscor grows FY profit 11pct to $34mln
(The Source) – Light manufacturing group, Innscor reported an 11 percent increase in net income to $33,69 million in the full-year to June, from $30,48 million in the prior year … Read More
Panicked Zim govt threatens clamp down on social media, says economy in ‘sound shape’
(The Source) – Finance Minister Patrick Chinamasa says government will tighten control over use of social media, which authorities blame for fuelling shortages of basic commodities and bank notes in … Read More
Relax visa regime, expert tells Zim
Zimbabwe has to relax its visa regime to attract Nigerian tourists and market the country as a destination for meetings, incentives, conferences and exhibitions (Mice), a tourism expert has said. … Read More
How are foreign investors coping in Zimbabwe? Maybe we can all imitate them
Foreign investment giants like JP Morgan Chase are also feeling the heat in Zimbabwe as far as the foreign currency shortages are concerned. These guys hold stocks in some companies … Read More
EcoCash remodeled website now has increased utilities
No doubt that EcoCash has really grown and they have the stats to prove it. Techzim in June, wrote about the milestone growth of the EcoCash ecosystem, i.e. the merchants, … Read More
Cash shortage affects banking sector jobs
The switch to high-percentage electronic banking, fed by the prevailing cash shortage countrywide, is reportedly taking toll on job security in the banking sectors amid indications that several banks have … Read More
