Business

ECOCASH Holdings Zimbabwe has reported a 26 percent increase in the group’s revenues in its consolidated financial statements for the year ending February. The listed digital and financial technology company’s inflation adjusted revenues rose to $29,9 billion, up from $23,8 billion recorded in the previous financial year. The company reported a $1,3 billion profit after…

THE Chamber of Mines has said the mining industry is projected to generate US$6 billion this year as the sector is currently on a strong recovery path. This comes after it emerged yesterday that the sector contributed US$5,2 billion in export earnings in 2021. Speaking at the 2022 Mining Industry Suppliers Forum, Chamber of Mines…

THE 25th edition of the Mine Entra Expo roared into life yesterday with business visitors from both the local and international arena optimistic that this year’s event will be bigger and better following a Covid-19-induced two-year hiatus. A snap survey conducted by the Daily News yesterday revealed that although stallholders were still setting up their stands, the…

STANBIC Bank Zimbabwe has assisted over 600 individuals and corporates acquiring residential and commercial properties over the last year, through its innovative mortgage solutions.Stanbic Bank head home loans, Bryan Mombechena said the solutions on offer include ZWL and USD loan facilities covering both local clients and Zimbabweans in the diaspora. “From 2021 to date we…

THE country’s largest mining, engineering and transport exhibition (Mine Entra) kicks off today at the Zimbabwe International Exhibition Centre after a two-year hiatus occasioned by the Covid-19 outbreak. Yesterday, the ZITF Company, the organisers of the annual event, indicated that the gates were open to all exhibitors, visitors and delegates to the exhibition centre in…

THE Zimbabwe National Road Administration (Zinara) board has been hailed for the yards it is putting in to rid the organisation of corruption. This comes as Zinara has been under the spotlight over allegations of abuse of public funds. Speaking during a media tour of the country’s roads rehabilitation programme with editors in Beitbridge on…

THE Bulawayo City Council (BCC) is continuing with its drive to provide residential stands to residents as the local authority moves to clear the ever ballooning housing waiting list which is currently just above 130 000. The local authority at the weekend unveiled 267 serviced stands in Emganwini suburb, a month after 144 other stands…