Business

ZIMBABWE, Botswana and Mozambique have called for cooperation on the Ponta Techobanine project which will help the three countries on railway transportation of goods. Ponta Techobanine project includes the development of a port at Ponta Techobanine and the development of a heavy-haul railway line from Botswana, through Zimbabwe to Mozambique. The project has two components…

ZIMBABWE’S micro small and medium enterprise sector (MSMEs) is quite key to the country’s economic development, hence they deserve continued support, a major banking sector player and executive has said. In addressing a Midlands trade expo in Gweru recently, ZB Financial Holdings Limited (ZBFHL)-owned Qupa’s managing director Jade Tsodayi said the exhibition was key in…

BUY Zimbabwe has called on authorities to relook at the country’s cost of doing business to ensure local products become competitive in the region and beyond. This comes as the country is hosting the ongoing Sadc Industrialisation Week. Speaking to the Daily News yesterday, Buy Zimbabwe general manager Alois Burutsa said local companies needed to take advantage…

HEALTH and wellness practitioners have called on organisations to adopt wellness programmes at workplaces in order to ensure a healthy workforce hence boosting productivity. This was said during a recent two-day annual awareness conference that ran under the theme “Reimagining and defining the practice of wellness in the workforce”. Speaking during the conference in Penhalonga,…

SHAMVA Mine, a subsidiary of Kuvimba Mining House (Kuvimba), says it has achieved one million fatalityfree shifts over the past year, underpinned by a very comprehensive risk management program. Fatalities at mining companies stem from a combination of safety violations, inadequate training, poor maintenance, hazardous conditions, and accidents. Human error, complacency, and systemic issues worsen…

TREASURY has projected the tourism sector to grow by 12 percent this year on account of positive developments experienced in the global and domestic tourism industry during the first half of 2024. The ministry of Finance said growth of the tourism sector has significantly improved. During the first quarter of 2024, international tourist arrivals into…

ZIMBABWE’s economy is set to grow by 6,5 percent next year rising above government policy blueprint target of five percent on anticipated improvement in rainfall and electricity generation, minister of Finance, Mthuli Ncube says. The National Development Strategy (NDS) 1 which spans from 2021-25 seeks to grow the economy by an average of five percent….

THE Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz) yesterday issued a warning to impersonators who are using social media to con unsuspecting citizens. In a statement, Potraz director general Gift Machengete said foreign registered phone numbers were being used on WhatsApp to steal from people. “Potraz in its capacity as the designated data protection…

STANBIC Bank Zimbabwe has embarked on an exercise to expand its automated teller machines (ATMs) in response to growing client demands. The move by the leading financial services institution has seen the installation of ATMs in several new locations across Zimbabwe, particularly in areas where the bank currently has no branch presence. Stanbic Bank head…