Business

Bank rolls out cash deposit machines

STANBIC Bank Zimbabwe is rolling out United States dollar cash deposit machines across the country as the leading financial services institution continues its innovative digitisation journey. The machines allow anyone to deposit cash into a Stanbic Bank account at any time of the day, round the clock, whether it be a working day or a…

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Business

Invictus commences logging programme at Mukuyu

AUSTRALIA-LISTED independent upstream oil and gas exploration company, Invictus Energy, says the energy firm has commenced a wireline logging programme to evaluate multiple zones of interest. Wireline logging is a specialised technique employed in the oil and gas industry to obtain crucial data about underground formations and well conditions. In a statement yesterday, company managing…

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Business

Retailers slam informal sector xenophobia THE president of the Confederation of Zimbabwe Retailers (CZR) Denford Mutashu has expressed concern over the “seeming xenophobic narratives” targeted foreign businesspeople in the informal sector on social media. This comes as the government has unleashed the Zimbabwe Revenue Authority (Zimra) to move around demanding tax from tuckshops in a…

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Business

Sprite brings global campaign to Zimbabwe

SPRITE — the lemon and lime-flavored beverage from the Coca-Cola Company — has unveiled a new global brand philosophy as part of efforts to ensure people stay cool in heated conditions. Dubbed ‘Heat Happens,’ the campaign also introduces a new visual identity for Sprite, with a revamped logo and packaging design that emphasizes the brand’s…

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Business

Econet commits to environmental transparency

ECONET Wireless Zimbabwe has underlined its commitment to environmental transparency by disclosing its environmental impact through CDP, a global non-profit that runs the world’s leading environmental disclosure platform. Econet, the leading telecommunications and technology company in the country, said it submitted its inaugural CDP environmental sustainability record this year and completed CDP’s climate change, forests…

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Business

Stanbic launches e-book on Chinese trade

LEADING financial services institution, Stanbic Bank, has launched an exporter’s guide to China which gives a roadmap of how Zimbabwean companies can navigate the Chinese business terrain leveraging on the bank’s strategic partnerships in Africa and China. The exporters guide was launched during the business conference which was part of the Stanbic-China day held last…

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‘E-procurement system to eliminate corruption’

PRESIDENT Emmerson Mnangagwa says the introduction of an electronic government procurement system will reduce human interference, which will help in the reduction of corruption. This comes as government departments and parastatals are often accused of engaging in corrupt activities when procuring goods and services. Speaking during the official launch of the electronic government procurement system…

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Potraz to license unregulated courier operators

THE Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz) says it is in the process of regularising operations of popular pirate cross-border courier service providers (malaichas) so that they have a code of conduct and contribute to financial services. Speaking at the World Post Day commemorations in Chivi district, Masvingo Province, yes terday, Potraz director…

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Government offers more options for investors

FINANCE minister Mthuli Ncube says the government is closely collaborating with the Zimbabwe Investment and Development Agency (Zida) to ensure that investors are given the widest range of investment options, as this positively contributes to the country’s economic development. Speaking at the commissioning of a Zida southern region office in Bulawayo on Friday, Ncube said…

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