BOTSWANA-HEADQUARTERED supermarket chain, Choppies, has sold its Zimbabwe franchise to Sai Mart owned by the deputy minister of Industry, Raj Modi. This comes as Choppies last year announced that it was selling its Zimbabwe franchise and exiting the market due to economic challenges. In a statement on Wednesday, Choppies confirmed the changes. “This serves to…
THE Zimbabwe Parks and Wildlife Authority (ZimParks) has urged the public to desist from engaging in illegal night fishing as they risk…
ZIMBABWE and Zambia have entered into a Small to Medium Enterprises (SME)s cooperation agreement which the two countries believe will unlock new trade and investment opportunities between them. Speaking after the two countries had signed the agreement, Women Affairs, Community, Small and Medium Enterprises Development minister Monica Mutsvangwa said the partnership would boost the two…
THE total value of the country’s exported goods as of last month reached US$905,2 million, marking a 29,7 percent increase from the US$698,1 million recorded in October, the Zimbabwe National Statistics Agency (Zimstat) has revealed. In its monthly statistics update yesterday, the Zimstat acting director for macro-economics, Mable Chimhore said industrial supplies comprised 95,4 percent…
A HOMECOMING business summit recently held in Harare by a United Kingdom-based company, Zimbabweans in the Diaspora Organisation (ZIDO), brought together government officials, diasporans, and business leaders to explore investment opportunities in the country. At ZIDO Chairman Blessed Kapesa said the objective of the second edition of the summit held at the Golden Conifer Conference…
THE government says they have trained over 200 000 small to medium enterprise (SMEs) to enable their growth to boost the country’s economy. Speaking during a government and media interaction in Harare recently, the minister of Women Affairs Monica Mutsvangwa said her ministry would continue to support SMEs financially. “In the last year more than…
THE People’s Own Savings Bank (POSB) has unveiled an ambitious plan for its digital transformation that will redefine the banking experience for local customers. In an address to mark the bank’s 120th anniversary in Bulawayo on Wednesday, POSB chief executive, Garainashe Changunda, said as part of the digital transformation, the bank was moving from a…
THE country’s largest mining group, Kuvimba Mining House (KMH), has appointed Trevor Barnard as its substantive chief executive with effect from December 1, 2024. Prior to his latest appointment, Bernard was the acting CEO since May this year following the departure of Simba Chinyemba. “We are pleased to confirm Trevor Barnard as our substantive group…
Hazel Marimbiza in BULAWAYO THE government has implored Small and Medium Enterprises (SMEs) in the country to insure their businesses for unforeseen disasters. This was said yesterday by the acting provincial development officer (PDC) in the ministry of Women Affairs, Clayton Mharadzano, in an interview with the Daily News. “One challenge we are facing is…
Zimbabwe says it is working on preventing cyber threats faced by 5G networks to ensure customers are safe from cyber crimes. Speaking to the Daily News on Friday, Huawei Zimbabwe public relations manager Moses Musanhu said mobile networks needed to be safe from cyber threats. “The industry is working together to address new security risks…
