ZIMASCO ENGAGES CREDITORS ON SCHEME OF ARRANGEMENT
ZIMASCO ENGAGES CREDITORS ON SCHEME OF ARRANGEMENT
Kwekwe-based chrome smelting company Zimbabwe Mining and Smelting Company (Zimasco), met its creditors yesterday to deliberate on the...
ZNCC concerned over local businesses neglected by government
Zimbabwe National Chamber of Commerce (ZNCC) is worried about the increased focus by government on foreign direct investment (FDI) while neglecting local businesses that...
GMAZ STARTS SUPPLYING FLOUR TO SMALL-SCALE BAKERS
The Grain Millers’ Association of Zimbabwe (GMAZ) has started supplying flour to small-scale bakers throughout the country to avoid artificial shortages of bread and...
Powermec Zimbabwe officially engaged as distributors of products made by Perkins Engines
Powermec Zimbabwe, a subsidiary of Zimplow Group, has been engaged as official distributors of products made by United Kingdom-based engineering firm, Perkins Engines.
Perkins specialises...
GROWING ECONOMIC ACTIVITY INCREASES DEMAND FOR FOREX
GROWING ECONOMIC ACTIVITY INCREASES DEMAND FOR FOREX
Zimbabwe's foreign currency shortages that culminated in a cash crisis have been worsened by growing economic activity. Finance...
NETONE DEMANDS $11 MILLION FROM AFROSOFT
NetOne is seeking $11 million from AfroSoft Corporation for offering SMSes through its platform without consent of the State-owned mobile phone company.
The parastatal issued...
Gold prices under pressure
Gold prices under pressure
The gold market remains under pressure after wholesale inflation pressures rose sharply last month. Yesterday, the US Labour Department said its...
Old Mutual to retrench workers
Old Mutual to retrench workers.
This comes as the company is restructuring its business in line with the obtaining operating environment and to maximise cost...
Mnangagwa meets British investors
Mnangagwa meets British investors
A 22-member delegation representing Invest Africa has met President Emmerson Mnangagwa at his Munhumutapa Offices in Harare this afternoon.
The delegation comprises...
RBZ Governor John Mangudya Introduces New Currency – “RTGS Dollars”
RBZ Governor John Mangudya Introduces New Currency – “RTGS Dollars”
Presenting the 2019 Monetary Policy Statement today, Reserve Bank of Zimbabwe (RBZ) governor John Panonetsa...
