EMIRATES, the largest airline and flag carrier of the United Arab Emirates, resumed flights to Harare at the beginning of last month. Emirates Zimbabwe country manager Nasser Bahlooq recently spoke to Daily News Features Editor Dakarai Mashava about the airline’s two weekly flights to Harare which are linked to its Lusaka service. Below are excerpts…
REGIONAL electrical power utility firm, Power Giants Private Limited, has opened a new branch in Mutare, cementing its position as one of the leading service providers in the electrical engineering field in Zimbabwe. Located at 49 First Street in Mutare, the new addition — the fourth in the country — comes after branches in Harare,…
ON THE back of a successful migration of their banking systems, First Capital Bank Zimbabwe has launched two new innovative products and services for customers and the general public. The bank has partnered with money transfer agents RIA Financial Services, the third largest remittance company in the world, and has also re-launched an enhanced funeral…
THE Zimbabwe Tourism Authority (ZTA) has launched a domestic tourism campaign, dubbed ZimBho. The campaign is focused on urging residents to rediscover Zimbabwe in a bid to prop up the tourism sector. As part of the campaign, coined ZimBho #IzimYami #Vakatsha, Environment, Climate Change, Tourism and Hospitality Industry minister Mangaliso Ndlovu said the government had…
ZIMBABWE’S appetite for loans and the absence of a comprehensive plan to service both foreign and domestic arrears will result in the country being trapped in a debt crisis, a new report has said. The report presented recently at the Zimbabwe Annual Multi-Stakeholder Debt Conference hosted by African Forum and Network on Debt and Development…
STAFF WRITER Econet, through its subsidiaries Liquid Telecom Group (LTG) and Cassava Fintech International (CFI) yesterday launched a network of #SasaiWifiFinder hotspots in Kenya, Uganda, Zambia and Rwanda, providing locals with most affordable Internet access. This partnership unlocks the “African Missing Network” that will accelerate sustainable economic development through digital inclusion for all Africans. The…
THE Zimbabwe Energy Regulatory Authority (Zera) has announced new fuel prices which have seen diesel slightly going down by five percent, while petrol slightly increased by four percent, the Daily News reports. In a public notice, the regulator said petrol had increased to $97,62 from $93,15 while diesel had decreased to $81,85 from $86,36. For…
ZIMBABWE’S export promotion body, ZimTrade, is set to launch an online store, Shop@Zim, in a bid to enable local companies to access international buyers amid the coronavirus (Covid-19) pandemic. In a statement, ZimTrade said its online store was premised on the need to create a singular online window for marketing and selling Zimbabwean products. “Market…
THE Infrastructural Development Bank of Zimbabwe (IDBZ) says it is seeking Green Climate Fund (GCF) accreditation as it increases its focus on renewable energy projects following the energy shortages faced by the country lately. In 2019 and during the first quarter of 2020, the country faced power shortages as the major power generation plant was…
CEMENT manufacturing giant, Lafarge Cement Zimbabwe (Ltd), has recorded a strong come back from the Covid-19-induced slowdown of business operations as indicated in the company’s half-year performance results. Closing the period with a 27 percent revenue growth and a nine percent improvement in gross profit margin, the company reported a fair start to the year,…
