Business

NBS rolls out villas in Tynwald

THE construction of the National Building Society (NBS)’s Sunset Villas’ 120-cluster housing project in Tynwald South, Harare, valued at over US$6 million…

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BusinessNews

Farmec tractor sales up 48pc

THE Zimbabwe Stock Exchange-listed agricultural and mining concern, Zimplow, reported a 48 percent increase in tractor sales from its agricultural subsidiary — Farmec — for the year ended December 31, 2021. In a statement accompanying Zimplow’s results for the period, group chairperson Godfrey Manhambara said following a surge in tractor sales volume, the group would…

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BusinessNews

Gold mines target US$2.5 billion

ZIMBABWE’S gold mining industry says it projects revenue from the sector to rise by 38 percent to US$2.5 billion this year, from…

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Business

Pesticides a threat to environment - Agritex

THE Department of Agricultural Technical and Extension Services (Agritex) has warned farmers to exercise caution when using pesticides so as to preserve the environment. This comes after the Food and Agricultural Organisation recently revealed that highly hazardous pesticides were presenting high levels of acute or chronic hazards to the environment. Speaking to the Daily News yesterday, Matabeleland…

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Business

BBJ strikes more gold as deliveries soar

BETTER Brands Jewellery (BBJ) has underlined its status as the country’s biggest gold buyer after raking in US$ 420 million in the first quarter of 2022. The company, which is the government’s biggest agent, shipped nearly seven tonnes to Fidelity Gold Refiners (FGR) — representing a contribution of almost 70 percent by small scale miners….

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Business

CABS launches a nostro offering for NGOs

CABS, one of the country’s leading financial services companies, has introduced a nostro offering for Non-Govermental Organisations (NGOs) or Development Organisations.   The…

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Business

Zimra security tender gets Praz green light

THE Procurement Regulatory Authority of Zimbabwe (Praz) has given the Zimbabwe Revenue Authority (Zimra) the green-light to engage local companies, which won a tender to provide security services across the country’s borders following the completion of the selection process. In a letter to Zimra acting commissioner general Regina Chinamasa dated March 14, 2022, Praz chief…

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Business

CEO Roundtable to host women leadership conference

CEO Roundtable, an association of chief executive officers, bankers, investors, board chairpersons and entrepreneurs, will host the third women’s executive leadership roundtable in Kariba during the first week of next month. The premier women’s leadership conference for business, entrepreneurship and women empowerment, which will run from May 4 to 6 at Caribbea Bay, will host…

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