RBZ keeps rates steady
RESERVE Bank of Zimbabwe (RBZ) governor John Mushayavanhu will maintain the bank policy rate at 35% and keep the statutory reserve requirements unchanged to sustain the exchange and inflation rates. … Read More
Category: Companies
Government to blacklist more poor performing contractors
Government has indicated its intention to intensify its blacklisting approach for service providers who demonstrate poor performance on contracted projects as it tightens procurement processes. In his recent budget statement, … Read More
Zimbabwe sets ambitious renewable energy production targets to tackle energy crisis
Amid ongoing power shortages that the country is grappling with, the Zimbabwean Government has developed a renewable energy strategy in which it sets itself an ambitious target to produce 1 … Read More
US$1 billion new power plant planned for Hwange
Titan New Energy plans to invest approximately US$1 billion in establishing a 720 megawatts waste-to-energy power plant in Hwange and a 200MW solar power plant in Gweru, the company has … Read More
RBZ unveils a low interest funding facility for businesses
The Reserve Bank of Zimbabwe (RBZ) has maintained its benchmark policy rate at 35 percent, continuing with its hawkish monetary policy stance to anchor inflation expectations and economic, stability, at … Read More
ESGs now a priority for companies
Companies should make Environmental Social Governance (ESG) a priority in their operational strategies, as the concept is now a critical factor in the decision-making of discerning global investors. In a … Read More
Companies urged to intensify women empowerment efforts
THE private sector and civic organisations to increase partnerships with the Government in the implementation of various development projects aimed at economically empowering women, an official has said. Over the … Read More
Bulawayo wholesaler on a mission to create more jobs for locals
WHOLESALER, Budget Cash and Carry, is making remarkable strides in fulfilling its mission of creating more employment opportunities for the locals. It has successfully recruited 45 members of staff since … Read More
Ecobank re-opens branch 2 months after US$4m heist
ECOBANK Zimbabwe has re-opened its Parkade branch to the banking public after two months of closure following a shocking incident, which saw six masked armed robberies make off with an … Read More
Stanley and Livingstone Hotel rebrands
VICTORIA Falls’ luxury 5-star hotel, Stanley and Livingstone, has rebranded into one of the Minor Hotel group facilities to become the second-only hotel in Victoria Falls to associate with an … Read More
