POSTAL services provider, Zimpost, has transformed its operations to meet changing global demands, digitalising and allowing for decentralised services, making them more accessible and efficient. This was said by Zimpost postmaster general Maxwell Chitendeni in an interview with the Daily News at the weekend. “We are so excited that we are transforming Zimpost in line…
SASAI MONEY TRANSFER, a business of Cassava Technologies and one of the fastest growing international money transfer operators, has partnered with Airtel Money to expand its offer of free remittances to more African markets. The zero fees initiative, which was first launched in May 2024 by Sasai Money Transfer in partnership with Econet in Zimbabwe,…
THE 114th Zimbabwe Agricultural Show (Zas) ended on Saturday and was attended by thousands of show-goers with a record 560 local and foreign companies exhibiting. The week-long event was officially opened by President Filipe Nyusi of Mozambique on Tuesday. Police spokesperson Paul Nyathi told the Daily News yesterday that the annual event was peaceful with low crime…
THE Reserve Bank of Zimbabwe (RBZ) expects merchandise imports to increase by four percent this year to US$8,999 billion from US$8,656 billion in 2023 attributed to increases in grain, fuel, and raw material imports. Merchandise exports are expected to close the year at US$7,330 billion, a 1,8 percent increase from US$7,251 billion recorded in 2023…
TIME Bank of Zimbabwe (Time Bank) significantly boosted its balance sheet during the year ended December 31, 2023 as its strategic phased approach to its operations continued to pay -off. The bank is aiming to raise its capitalization from US$7,2 million to US$30 million by December 31, 2024 in line with minimum regulatory targets for…
A LOCAL agricultural products wholesaler, Intaba Trading, has signed a memorandum of understanding (MoU) with Zambia Seed Company (Zamseed) to introduce new innovative farming products and seed varieties to tackle climate change effects. Speaking at the signing ceremony in Harare on Wednesday, Intaba Trading managing director Talk Chinoda said the partnership with Zamseed would contribute…
ONE of the country’s leading mobile network operators, NetOne, this week made a remarkable impression at the Zimbabwe Agriculture Show (Zas) through its captivating technology displays showcasing the latest advancements in robotics, smart farming, and smart home solutions. Drawing attention from attendees and industry experts, NetOne’s innovative exhibits shed light on the transformative potential of…
VICE President Constantino Chiwenga yesterday underscored the importance of investing in research agriculture, highlighting that this would enhance farm production. In a speech read on his behalf by Agriculture deputy minister Davis Marapira at the 12th annual agribusiness conference at the Zimbabwe Agricultural Show in Harare, Chiwenga said research played a pivotal role in coming…
CBZ Bank says it has secured a US$20 million line of credit from the Trade and Development Bank Group (TDB Group) to support exporters. This comes as companies need facilities that enhance production capacity and boost exports, thereby generating foreign currency. “The reason we are targeting exporters is that we want to create repayment capacity…
ECONET Wireless Zimbabwe, the country’s leading telecommunications and technology company, has won both the Best Overall Stand and Best ICT Exhibitor awards at the 2024 Zimbabwe Agricultural Show (ZAS). The accolades are a recognition of the cutting-edge technology Econet is providing to multiple sectors of the economy, including the key agricultural sector. This year Econet’s…
