Food prices to remain stable

Business Reporter Food prices are expected to drop or at least remain stable following a successful agricultural season which saw an increase in availability of most farm products on the…

McDonald’s hit by data breach in Taiwan and South Korea

McDonald’s is the latest big company to be hit by a data breach that has exposed customers’ details. The world’s biggest burger chain said cyber attackers had accessed a “small…

Multi-million dollar brick manufacturing plant for Melfort

By ZBC Reporter Government’s National Development Strategy One which feeds into vision 2030 has received a major boost after a ground-breaking ceremony for a multi-million dollar brick processing plant in…

Lufthansa Airlines back into Zimbabwe airspace

By Owen Mandovha Zimbabwe’s tourism industry has received a huge endorsement with German airline, Lufthansa announcing that it will start flying into Zimbabwe after more than two decades. The move…

Local tobacco players embrace value addition before exports

By Tendai Munengwa PLAYERS in the tobacco value chain have taken heed of government’s value-addition thrust by processing the golden leaf for export. While government has set the tone for…

Alaska mine to rack in US$ 60 million annually

By ZBC Reporter Alaska mine near Chinhoyi is set to resume operations in October this year, 20 years after the utility closed shop. Three partners namely: the Zimbabwe Mining Development…

GDP growth in Zimbabwe projected to reach 3.9 percent in 2021, World Bank

By Stanely James Business Editor GROSS Domestic Product (GDP) growth in Zimbabwe is projected to reach 3.9 percent in 2021, a significant improvement after a two-year recession, according to the…

Power cuts likely to continue throughout winter: Eskom

Eskom has warned that planned power cuts are likely to continue through winter because of an aging generation fleet and the cold weather which leads to higher demand. The cash-strapped…

Assembly plant to produce 500 buses

AT least 500 buses are set to be assembled locally in the next 12 months after a bus operating organisation and a manufacturing entity signed an agreement yesterday to start…

Meat giant JBS pays $11m in ransom to resolve cyber-attack

The world’s largest meat processing company has paid the equivalent of $11m (£7.8m) in ransom to put an end to a major cyber-attack. Computer networks at JBS were hacked last…