Story by Owen Mandovha, Business Reporter ZIMBABWE’S impressive historic tobacco output has caught the attention of neighbouring tobacco producer Zambia which is keen to learn from the successes of the…
Category: News
CemAir launches Vic Falls – Joburg route
Story by Tichaona Kurewa Zimbabwe’s engagement and re-engagement drive continues to gain traction, with CemAir launching flights on the Victoria Falls-Johannesburg route this Wednesday. The development comes as the government…
Zim-India deal targets the truck and bus industry
Story by Owen Mandovha,Business Reporter ZIMBABWE’S truck and bus industry is set for major transformation through a joint venture between leading Indian firms and local companies. The Minister of Industry…
Half-year forex inflows hit US$5,6 billion
Story by Stanley James, Business Editor EXTERNAL confidence in the economy is on a positive trajectory after Zimbabwe recorded foreign currency inflows of more than US$5 billion during the first…
Government public procurement systems improve
Story by Owen Mandovha THE formation of the Procurement Regulatory Authority of Zimbabwe (PRAZ) in 2018 has saved the country millions of dollars from procurement corruption which was rife under…
Brand Zimbabwe receives major boost
Story by Tichaona Kurewa LEADING South African entertainment and media personalities including Sello Maake ka Ncube, Pearl Thusi and Sonia Mbele are in Zimbabwe on a familiarisation tour organised by…
Government pays external creditors
Story by Stanley James, Business Editor ZIMBABWE is warming up to the debt arrears clearance and resolution process after quarterly token payments of over US$100 million to external creditors. Government…
NRZ records profit
Story by Lisa Masuku THE National Railways of Zimbabwe (NRZ) recapitalisation is paying off after the company recorded a profit of more than ZWL270 billion in 2021 compared to a…
Tourism industry registers robust recovery in the post-COVID-19
Story by Owen Mandovha THE local tourism industry has witnessed huge investments exceeding US$300 million which has accelerated the recovery of the sector in post COVID-19 pandemic. The industry which…
Food surplus eases import bill
Story by Stanley James, Business Editor ZIMBABWE’s drive towards food self-sufficiency is on course in the wake of revelations that the country’s import bill has gone down by over 14…