Business

Masimba MakwembereSTAFF WRITERmakwemberemv@dailynews.co.zw THE Institute of People Management of Zimbabwe (IPMZ) says they are committed to uphold the highest standards in people management and professional development.Speaking at the Standard Association of Zimbabwe certification handover in Harare recently, IPMZ president Pfungwa Dhliwayo said they seek to enhance practices that match international practices.“As many of you know,…

Masimba MakwembereSTAFF WRITERmakwemberemv@dailynews.co.zw A DELEGATION from the United States of America (US)’s Illinois State Black Chamber of Commerce (ILBCC) is scheduled to visit Zimbabwe on December 1 to explore investment opportunities.The upcoming tour by the American business people is a reciprocal one to the one done by a CEO Africa Roundtable delegation that visited Illinois…

Masimba MakwembereSTAFF WRITERmakwemberemv@dailynews.co.zw GOVERNMENT and various business membership organisations (BMOs) have signed a memoranda of understanding (MoUs) to enhance the country’s global competitiveness. Speaking during the signing of the MoU in Harare yesterday, minister of Industry Mangaliso Ndhlovu said the partnership would strengthen trade relations with other countries.“These MoUs are designed to enhance Zimbabwe’s global…

Masimba Makwembere STAFF WRITER makwemberem@dailynews.co.zw LEADING financial services institution, Stanbic Bank Zimbabwe, has stepped up efforts to promote international trade by launching an e-book which guides locals on how to source products from China at the annual Stanbic China Day held recently. The e-book, titled — the Beginner’s Guide to Importing from China — represents…

THE Rural Electrification Agency (REA) says it is looking for US$14 million to fund the construction of 25 community solar mini-grids to ease the power situation across the country.This comes as the government, through REF, has prioritised the development of green mini-grids powered by locally available resources to spur economic growth and improve living standards…

VICE President Constantino Chiwenga says energy access remains one of the most pressing issues for neighbours Zimbabwe and Zambia. Speaking at the first-ever Zimbabwe-Zambia Energy Projects Summit in Victoria Falls on Monday night, Chiwenga stressed the importance of addressing the low electricity access rate in the two countries that severely impacts the well-being of many…

STATE-OWNED mortgage lender National Building Society (NBS) has set aside US$1 million to uplift small and medium enterprises (SMEs). Addressing delegates at the launch of the SME Fund in Harare recently, NBS managing director Sifiso Mahlangu said the building society faced funding challenges to incorporate the SMEs. This, he said, forced NBS to approach their…

HOSPITALITY group, African Sun Limited (African Sun), hotel occupancy reached 64 percent in the third quarter to September 30, 2024 from 53 percent the previous year, driven by growth in the meetings, incentives, conferences, and events (MICE) business. The group operates luxury hotels that includes Great Zimbabwe hotel, Caribbea Bay Resort, Monomotapa, Holiday Inn Mutare,…

ZIMBABWE is considering setting up a Sustainable Aviation Fuels (SAF) plant at the Robert Gabriel Mugabe International Airport that will serve as a regional hub for the production and supply of sustainable aviation fuel. SAF is a biofuel used to power aircraft that has similar properties to conventional jet fuel, but with a smaller carbon…