Business

Stanbic Bank supports green future walkathon

STANBIC Bank Zimbabwe donated US$10 000 to the Friends of the Envi­ronment 500 Million Tree Walkathon, championing a greener future. The US$10 000 contribution is part of the Standard Bank Group’s corporate social investment (CSI) strategy prem­ised on providing lasting solutions to the communities in which it operates. Stanbic Bank head, brand and mar­keting, Tariro…

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Khaya return eases cement shortages

THE return of Khaya Cement to full-scale production has brought major relief to the industry struggling with acute cement shortages. Addressing the media in Ha­rare yesterday, Buy Zimbabwe chairperson and chief executive officer Munyaradzi Hwengwere said the increased production strengthens the country’s in­dustrialisation agenda under the National Development Strategy 2 (NDS2). “Khaya Cement’s return to…

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Air Tanzania lands Victoria Falls route

THE Victoria Falls Internation­al Airport is set to welcome a new air link as Air Tanzania launches its route connecting Dar es Salaam, Tanzania, to Zimba­bwe’s iconic Victoria Falls, starting today. The service, dubbed The Wings of Kili­manjaro, will continue on to Cape Town, offering seamless multi-destination travel across Southern and East Africa. The Airports…

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Chitown earmarks US$5.7m for collapsed sewer

CHITUNGWIZA Town Council has ear­marked US$5.7 million to rehabilitate its long-collapsing sewer infrastructure under its proposed US$48.5 million budget for the 2026 financial year. This comes as the municipality moves to contain recurring sewer system blockages across the dormitory town. Presenting the budget on Tuesday, Finance and Development Committee chairperson Peter Matiringe said the proposed…

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Elephant Hills shuts down for major overhaul

ONE of the country`s leading hotels, Elephant Hills Resort, in Victoria Falls will close its doors in November 2026 for an ambitious 18-month refurbishment and rebranding programme. It would reopen in the second quarter of 2028. In a statement yesterday, African Sun Limited, the hotel’s operator, said the multi-million-dollar project would mark a significant milestone…

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Econet tech expo roars to life

THOUSANDS of people yes­terday converged on the Econet E-novate Expo 2025 at the Harare International Conference Centre (HICC) as Zimbabwe’s largest telecoms and technology company put up a technology showcase designed to acceler­ate digital transformation and strengthen innovation networks. The three-day expo has also attracted global telecommunica­tions technology and infrastruc­ture giants Ericsson, Huawei, ZTE and…

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Service excellence under spotlight at SOSES 2025

THE third edition of the State of the Services Economy Survey (SOSES) will take place at the Hyatt Regency Hotel in Harare tomorrow at a ceremony expected to be at­tended by leading corporates and business­people. Bankrolled by ZB Financial Holdings Limited, in partnership with The Financial Gazette – the country’s number one business publication and…

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Government grants duty-free fertiliser imports

THE government says approved and regulated importers will now be allowed to bring in fertiliser duty-free, a move aimed at ensuring uninterrupted supplies during the summer cropping season. In a notice in the latest Government Gazette, minister of Finance Mthuli Ncube said the Zimbabwe Revenue Authority (Zimra) had granted suspension of duty to approved importers….

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AMA issues ultimatum to farming contractors

CONTRACTORS distributing farm inputs must register immediately or face severe legal action by December 15, the Agricultural Marketing Authority (AMA) has said. This warning comes as the distribution of maize seed, fertiliser, herbicides, and pesticides under the climate-proofed Presidential Inputs Scheme is currently in full swing. In a notice yesterday, AMA underscored that contractors who…

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Masvingo unveils US$31m budget

TAPIWA CHIRUME THE City of Masvingo has proposed a US$31.9 million budget for 2026, with almost half of the funds earmarked for capital projects as the local authority prepares to host next year’s Sanganai/Hlanganani World Tourism Expo. Presenting the budget during a full council meeting on Thursday, finance committee chairperson Bernard Mu­chokwa said the spending…

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