Business

Think outside the box, entrepreneurs told

A FINANCE expert is encouraging women and youth entrepreneurs to think outside the box and develop innovative business ideas to attract funding. Speaking to the Daily News on Wednesday, the Zimbabwe Women’s Microfinance Bank (ZWMB) chief executive officer, Mandas Marikanda, said entrepreneurs needed to be driven by passion and come up with diverse projects. Marikanda…

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Business

Milk output up 3pct in Q1

ZIMBABWE’S milk production increased by three percent to 28,03 million litres during the first quarter of 2025 (Q1-2025) from 27,3 million litres in the same period last year, the dairy services department in the Ministry of Lands, Agriculture, Fisheries, Water and Rural Development says. The steady growth is attributed to the gradual expansion of the…

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Business

Byo pushes for more air traffic

THE country’s second city is fighting to improve its transport system, including the expansion of air traffic into and out of the metro to boost the region’s economy. Speaking during a business engagement meeting here yesterday, mayor David Coltart said it was crucial to revamp the city’s railways system, as well as the key roads…

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Business

Govt cushions wheat farmers

GOVERNMENT says they have put all mechanisms in place to ensure winter wheat farmers are not affected by power outages by ring-fencing at least 500 megawatts (MW). The minister of Energy and Power Development, July Moyo, told a post-Cabinet media briefing in Harare yesterday that they were taking advantage of improved water levels at Kariba…

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Business

BCC mulls solar farms on cemeteries

THE Bulawayo City Council (BCC) says it has received an expression of interest from a local private power company to carry out a feasibility study for the proposed installation of a 50-megawatt solar power production plant at Pelandaba Cemetery. The city’s latest council minutes revealed that the large-scale solar facility would pro – duce what…

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Khayah proposes delisting, seeks shareholder nod

SHAREHOLDERS of Khayah Cement (Khayah) are set for a crucial vote next month regarding the proposed delisting from the Zimbabwe Stock Exchange (ZSE) to enable management to fully concentrate on company recovery efforts. If shareholders agree to the delisting plans via a vote at an extra-ordinary meeting slated for May 19, Khayah expects to delist…

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Vast eyes new concessions. . . as Zimbabwe releases company gems after 15-years

LONDON-HEADQUARTERED Vast Resources is eyeing new mining concessions in Zimbabwe after securing the release of its 129 400 carats of diamonds, held for 15 years at the Reserve Bank of Zimbabwe (RBZ) following a prolonged legal dispute. The development, the company states, not only exemplifies a significant breakthrough but also reaffirms Zimbabwe’s commitment to promoting…

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Business

Simbisa Brands opens more outlets

FAST-FOOD giant, Simbisa Brands, is set to open 10 new outlets before June this year while 12 others are marked for refurbishment across the country. This comes as the group was operating 611 outlets by the end of 2024. Simbisa Brands operates Chicken Inn, Pizza Inn, Creamy Inn, Baker’s Inn, Dial a Delivery, InnBucks, Galito’s,…

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