Arcadia Lithium Project gets SEZ status
The Zimbabwe Special Economic Zones Authority (ZIMSEZA), has granted Prospect Resources’ Arcadia Lithium Project Special Economic Zone (SEZ) status, Business Weekly can reveal. A SEZ is an area in … Read More
Category: Companies
Econet wins $100m tax evasion case
THE Supreme Court yesterday dismissed claims by the Zimbabwe Revenue Authority (Zimra) that it was owed $100 million by Econet Wireless through tax evasions. The curtain closed on a near … Read More
Harare Racks In $1,5 Million From Vendors
Harare City Council collected $1,5 million from vendors in 2018. The figure was, however, lower than the Council’s projected income. This was revealed during a full council meeting held recently. … Read More
New number plates requirements introduced
MOTORISTS will no longer be required to change vehicle registration plates along with the change of ownership as the Government seeks to reduce expenditure in the production of the plates, … Read More
Multichoice Finally Listed On The JSE
A few months ago Naspers announced that they would be listing Multichoice separately on the JSE. For many of us, this seemed like a sign of doom and gloom as … Read More
Zupco buses fast disappearing in many suburb
Fuel queues have resurfaced in Harare with commuter operators taking advantage of the situation to hike fares, while Zupco buses are fast disappearing in many suburbs of Harare, leaving thousands … Read More
Western Union Explains US Dollar Shortage
Managing director of Western Union Money Transfer Manager Mr Tendai Bindura explained the source of shortages for United States dollars. Western Union has been unable to disburse foreign currency with … Read More
RBZ Denies Fuel Price Increase Reports
The Reserve Bank of Zimbabwe (RBZ) yesterday dismissed reports circulating on social media that fuel prices will increase. The reports claimed that fuel industry stakeholders and the Reserve Bank of … Read More
Government seeks $600million facility for industry
The Ministry of Industry and Commerce is negotiating a US$600 million facility with Botswana, for the local manufacturing sector, whose capacity utilisation remains below 50 percent owing to a range … Read More
Treasury released funds to procure 2 000 transformers
GOVERNMENT is set to procure 2 000 electricity transformers to address power transmission gaps, which are negatively affecting service in critical sectors, the Minister of Energy and Power Development, Dr … Read More
