HARARE – ECOBANK Zimbabwe board chairperson Fortunate Chisango has underlined the Pan African bank’s commitment to corporate social responsibility. Chisango made the remarks recently after Ecobank staff had donated some essential goods to Mother of Peace Children’s Home in Mutoko and Sigombe Primary School in Bulawayo as part of commemorating Ecobank Day. Every year on…
HARARE – National Foods Holdings (Natfoods) says it experienced supply gaps on product lines that require imported raw materials during the four months to September 30, 2018 due to foreign currency shortages. Micheal Lashbrook, the group’s chief executive, said foreign currency shortages had resulted in inconsistent supplies of a selected imported product on their shelves….
HARARE – Zimbabwe is looking at improving relations with China after annual trade between the two countries breached the $1 billion mark, a government official has said. Industry deputy minister Raji Modi said government is intensively working at ensuring Chinese investors have access to inject fresh capital and help Zimbabwe achieve its ambitious goal to…
HARARE – Online retailer, 10ngah.com, will this week commence Black Friday sales for Zimbabwean customers seeking bargains ahead of the festive season. The retailer’s shopping bonanza, which begins today (Monday), will also provide easier access to Black Friday deals online and debut some new tools intended to make online shopping easier. [GoogleAd] Kudakwashe Mutamba, the…
HARARE – The African Medallion Group (AMG) has been given a green light by government to import basic commodities into the country, in a move which is expected to ease shortages and reduce prices during the festive season. This was after President Emmerson Mnangagwa’s administration recently relaxed regulations barring the importation of basic commodities following…
HARARE – The Zimbabwe Stock Exchange (ZSE)’s trading was dominated by transactions in telecommunications giant, Econet, as the stock contributed 22 percent to $16 million spent on the bourse last week. Equities analysts at EFE Securities (EFE) said the trades — set to culminate in a debenture to equity conversion coupled with the unbundling of…
HARARE – Tongaat Hulett says sugar production at its Zimbabwean unit increased by 9,2 percent to 306 000 tonnes in the six months period ended September 30, 2018, compared to 280 000 tonnes in the same period in 2017 driven by increased water availability and accelerated sugarcane root replanting. The South African sugar giant’s operations…
HARARE – Online retailer, 10ngah.com, will this week commence Black Friday sales for Zimbabwean customers seeking bargains ahead of the festive season. The retailer’s shopping bonanza, which begins today (Monday), will also provide easier access to Black Friday deals online and debut some new tools intended to make online shopping easier. Kudakwashe Mutamba, the company’s…
HARARE – China has the potential to finance Zimbabwe’s re-industrialisation strategy following a significant increase in trade between the two countries, economic analysts have said. This comes as China’s commercial success has been largely interpreted as the result of economic and political reforms resulting in the country being the second largest economy after the United…
HARARE – The African Development Bank (AfDB) has launched a flagship economic report highlighting investment opportunities in Zimbabwe. Titled: Building a new Zimbabwe: Targeted policies for growth and job creation, the report aims to support renewal and transformation of the country. This comes as Zimbabwe’s new Finance minister Mthuli Ncube has talked up plans to…
