Business

PUBLIC Service Commission (PSC) chairperson Vincent Hungwe says partnerships between government entities and the private sector are key to the country’s economic development. This comes as President Emmerson Mnangagwa on Friday commissioned the Bulawayo Student Accommodation (BSAC) complex built by the Infrastructure and Development Bank of Zimbabwe (IDBZ) which has provision for fast food outlets,…

LEADING financial institution, Stanbic Bank, is linking local companies to access the international market to increase economic growth and remove bottlenecks associated with importing or exporting goods and services. This was confirmed yesterday by Stanbic chief executive Solomon Nyanhongo in an interview with the Daily News on the sidelines of the Stanbic China Day in…

STAFF WRITER ECONET Wireless’ high-speed broadband package, Smartbiz, continues to elicit strong customer praise as users speak out on its reliability, affordability and great user experience in a local digital landscape that is becoming more competitive and undergoing tremendous change.Launched earlier this year, Econet’s cost-effective broadband solution for corporates, small-to-medium business enterprises, central and local…

Almot MaqoloStaff Writer DAIRIBORD Zimbabwe (Dairibord), is expected to achieve a modest revenue growth in 2024, due to the adverse effects of an El Niño-induced drought.The drought has slowed overall economic growth, increased food inflation, and reduced raw milk production, creating a challenging environment for all businesses in the economy.In the first half of 2024,…

Staff Writer PROPARCO has teamed up with Stanbic Bank Zimbabwe to offer a EUR 5 million EURIZ facility aimed at improving long-term financing access for local farmers.Access to affordable, long-term finance remains a significant barrier for Zimbabwean farmers.The EURIZ facility, supported by European Union funding, is part of the Team Europe Initiative on Greener and…

STAFF WRITER THE Marketers Association of Zimbabwe (MAZ) has ushered in a new era of leadership, aimed at fostering innovation and growth within both the marketing profession and the Association.During the Annual General Meeting held on October 17, elections were conducted, resulting in the appointment of  six new board members. These members are Aman Jyoti,…

PROPARCO, a subsidiary of Agence Française de Développement Group, is providing Stanbic Bank Zimbabwe with a Euro 5 million facility for long term financing of local farmers. The EURIZ facility deal was inked in Harare recently in the presence of representatives from Proparco, Stanbic Bank Zimbabwe, the French Embassy and the European Union Delegation to…