THE Tobacco Industry and Marketing Board (TIMB) has appointed Emmanuel Matsvaire as its substantive chief executive officer (CEO) after holding the position in an acting capacity for nearly two years. He replaced Meanwell Gudu who was fired in 2023. In a statement yesterday, the TIMB board announced that his appointment was effective from June 10….
THE Ministry of Environment, Climate and Wildlife is set to upgrade the Meteorological Services Department (MSD)’s radar sites with solar power systems. This, the ministry said, is aimed at ensuring a reliable and sustainable energy supply for the country’s weather monitoring infrastructure. “The ministry of Environment, Climate and Wildlife wishes to invite companies registered with…
FIBRE cement manufacturer, Turnall Holdings Limited, is targeting regional markets and has upgraded its Bulawayo plant to revive exports next year. The listed building materials producer indicated that it was overhauling the Bulawayo sheeting facility as part of a broader capital expenditure push aimed at expanding production capacity and modernising product offerings. “Resumption of export…
BAKERS Inn has distributed 152 container stores nationwide as part of a broader strategy to promote community entrepreneurship, mainly among women while also optimising its supply chains. The container store model stands out as a game-changer in Zimbabwe’s retail sector, especially at a time when most businesses are struggling to grow volumes due to supply…
THE Ministry of Agriculture is engaging fiscal authorities to secure tax holidays for horticultural producers, aiming to boost capital investments in the sector. The development is set to enhance growth, improve productivity, and attract more investment in horticulture, directly contributing to the industry’s economic vitality. Speaking on the sidelines of the horticulture development workshop in…
ZIMBABWE must align its regulatory framework to reward companies that actively reduce their carbon footprint, a leading Environmental, Social, and Governance (ESG) expert has said. This comes as ESG reporting continues to gain momentum globally. In a recent interview on the sidelines of the Bakertilly Business Winter School, Head of ESG at Davis Granite, Polite…
THE Insurance Council of Zimbabwe (ICZ) has called on industry to adapt to technological advancements and artificial intelligence (AI) to improve business efficiency. Speaking at the ICZ Research Competition and Awards ceremony in Harare on Thursday, ICZ chief executive officer Donald Muthe said there was a need for insurers to position themselves for innovation disruptions,…
Prisca Tshuma MICROFINANCE institutions (MFIs) should strengthen their cybersecurity systems to curb losses and preserve integrity as they adopt the latest digital tools to promote financial inclusion, ICT minister Tatenda Mavetera has said. This comes as cybersecurity threats are becoming increasingly alarming in Zimbabwe, particularly in sectors like finance, retail and communication, due to lack…
GOVERNMENT has embarked on a commercial offensive to cement its status as a regional industrial and manufacturing hub by tapping into the Democratic Republic of Congo’s (DRC) lucrative mining industry. Led by national trade promotion agency, ZimTrade, a delegation of Zimbabwean enterprises is taking part in the 2025 DRC Mining Week, a major continental showcase…
OLD Mutual Zimbabwe, through the Eight2Five Innovation Hub, has partnered with the DHL GoTrade Programme and successfully concluded its second certified workshop aimed at equipping export-ready small and medium enterprises (SMEs) with essential trade knowledge. Held in Bulawayo recently, the workshop followed the inaugural session in Harare in March, which saw 29 participants graduate. This…
