IN A bid to reconnect with shoppers and restore confidence, OK Zimbabwe is reintroducing large-scale community promotions as part of a wider turnaround strategy. Once a household name synonymous with affordability, the retailer had recently faced supply shortages, rising costs, and customer backlash over empty shelves. Now, OK Zimbabwe is putting community engagement at the…
THE Zimbabwe Revenue Authority (Zimra) is accelerating digital reforms to improve border efficiency and attract investment. Speaking at a business engagement forum in Bulawayo yesterday, Zimra commissioner general Regina Chinamasa said the tax authority was working to reduce the red tape that has long frustrated importers, exporters, and investors. “This year we are focusing on…
THE Harare Metropolitan Province will this week host a high-level investment and business conference aimed at attracting both local and international investors to drive the capital’s transformation into a competitive metropolitan hub. The two-day conference, scheduled for September 24-25 at Heritage Village, Wesley, will run under the theme, “Building Bridges: Accelerating Investments towards the Attainment…
PREPARATIONS for the Zimbabwe–China Tobacco Expo, Africa’s premier tobacco showcase, are now at an advanced stage as China Tobacco International leads global…
POLICE have launched an investigation into Wafaya (Private) Limited, a company accused of duping a local wholesaler of US$112 000 through an elaborate money-laundering scheme. National police spokesperson Paul Nyathi yesterday confirmed that the company’s director, Spencer Valentines Meares, 42, had been arrested in connection with the case. “The ZRP (Zimbabwe Republic Police) is investigating…
LAWMAKERS have implored the Treasury to disburse financial resources to the ministry of Tourism in a timely manner for the growth of the sector. This comes as President Emmerson Mnangagwa recently said that the tourism industry is a vital cog in the country’s economic development. In a report tabled in the National Assembly last week…
THE Confederation of Zimbabwe Industries (CZI) is urging for greater regional cooperation within the Sadc to boost industrial growth and trade influence. Speaking at a business conference in Bulawayo yesterday, CZI chief executive officer Sekai Kuvarika pointed out several challenges that continue to hamper trade among Sadc nations. Kuvarika said intra-Sadc trade was being held…
MORE than 200 RioZim employees had their US$37 million arbitration award registration case against their employer struck off the roll by the High Court. In her decision, Justice Catherine Bachi-Muzawazi acknowledged that “the law is an ass,” but stressed that because RioZim is already under corporate rescue, the employees’ application to register the award could…
THE Reserve Bank of Zimbabwe (RBZ) has implored the research community to improve data systems in order to guide evidence-based policymaking and fully benefit from new technologies such as artificial intelligence (AI). Speaking during the ongoing Zimbabwe Economic Development Conference (Zedcon), the RBZ deputy governor, Innocent Matshe, said it was important to apply rigorous tools…
THE government has called for innovative macroeconomic and sectoral policies that will drive broad-based economic transformation. Speaking at the Zimbabwe Economic Development Conference (Zedco) yesterday, deputy minister of Finance Kudakwashe Mnangagwa said such policies were crucial for the growth of the economy. “There is an urgent need to explore innovative and practical strategies for implementing…
