Business

BUY Zimbabwe is sounding the alarm over the rampant, unauthorised use of its protected insig­nia on counterfeit products, while the Confedera­tion of Zimbabwe Retailers (CZR) is calling for a major crackdown on fake alcoholic beverages flooding the market. Both organisations warn of severe consequences for consum­ers and legitimate businesses alike. “We have observed instances where…

POWERTEL is set to roll out a ground­breaking Transformer Anti-Intrusion Sys­tem (TAIS) across Zimbabwe in a robust effort to curb the rampant vandalism and theft of transformers, which cost the company a staggering US$3 million in 2024 alone. A Transformer Anti-Intrusion System is a sophis­ticated security solution designed to safeguard power transformers by employing various…

THE Zimbabwe Revenue Authority (Zimra) has adopted a gender equality seal as part of efforts to ensure women’s full participation in the economy. This comes as the country has experienced a noticeable disparity in economic participation between men and women, with the latter facing significant barriers to full engagement in the economy. Speaking at the…

SIX artisanal miners tragically died, and four others were injured, in a horrific accident at Starlake Mine in Mazowe on Friday. Police national spokesperson Paul Nyathi yesterday confirmed the tragedy. “The Zimbabwe Republic Police confirms a fatal mine incident which occurred at Starlake Mine, Mazowe on 18 July at around 1000 hours where six artisanal…

THE Victoria Falls Stock Exchange (VFEX) is set to introduce digital asset trading, including cryptocurrencies, leveraging its growing integration into the International Financial Centre, an official has revealed. VFEX is a licensed entity of the Victoria Falls International Financial Centre, strategically positioned to enhance its competitiveness, visibility and growth potential. The move signals a significant…

ECONET Wireless Zimbabwe has expanded its popular smartphone credit scheme, Kancane Kancane, by extending the repayment period from just three months to up to 24 months — with no initial deposit required. The move is set make smartphones significantly more affordable through the flexible repayment options of 6, 12, 18 and up to 24 months,…

OVER 500 exhibitors are expected to showcase their products at this year’s Zimbabwe Agricultural Show (Zas) edition, highlighting the nation’s agricultural strength and progress. Addressing journalists in Harare yesterday, Zas chief executive officer, Rufaro Gumundu said 304 exhibitors had already confirmed participation and 62 710,64 square metres have already been allocated. “The strong uptake is…

THE National Competitiveness Commission (NCC) has called on the government to review the country’s laws to boost business competitiveness. This comes as many companies are struggling under various government measures, including taxes and other regulatory costs, which they say have become a significant burden on the ease of doing business in Zimbabwe. Speaking to the…