Business

TelOne embarks on women empowerment programmes

TELONE in partnership with a local innovation start-up, Batsi Health, has launched a women empowerment programme called BatsiWomen aimed at uplifting the lives of less privileged women across the country. The programme is set to enroll 500 women in five districts, training them in entrepreneurship, financial literacy, leadership, digital marketing, and basic information, communication technology…

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Business

Zimbabwe, Botswana to accelerate bond markets

THE Bond Market Association of Zimbabwe (BMAZ) and the Botswana Bond Market Association (BBMA) this week signed a Memorandum of Understanding (MOU) expected to lay groundwork for the acceleration of capital raising instruments for infrastructure projects. The bond market is often referred to as the debt market, fixed-income market, or credit market. It is the…

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Business

Mine rescuers flag disaster-prone Penhalonga area

THE Mine Rescue Association of Zimbabwe (MRAZ), an affiliate of the Chamber of Mines of Zimbabwe has expressed concern over the high frequency of mine disaster incidents in the Penhalonga area, in Manicaland province mainly involving small scale and illegal miners. MRAZ coordinates mine rescue activities in the country through mine rescue working party and…

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AirZim disowns planes in its custody

AIR Zimbabwe board and management do not know the owner of two aircrafts in its custody, a parliamentary portfolio committee heard yesterday. The Public Accounts Committee, chaired by Citizens Coalition for Change MP for Kuwadzana Charlton Hwende, was told by Air Zimbabwe board vice chairperson Precious Sibiya that the airline had no clue who owned…

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Fuel consumption tumbles in Q1

ZIMBABWE’S fuel consumption experienced a significant drop in the first three months of 2024, with petrol demand falling by 15 percent and diesel usage declining by three percent compared to the same period last year. According to the Zimbabwe Energy Regulatory Authority’s (Zera) Petroleum Sector Performance Statistics, the country consumed 251,03 million litres of diesel…

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Opinion divided on efforts to address ZiG shortages

PUBLIC sentiment remains divided regarding the government’s efforts to tackle the shortage of Zimbabwean Gold (ZiG) notes and coins since its April introduction. The scarcity has led retailers to issue change coupons or round up prices. In response, the Reserve Bank of Zimbabwe (RBZ) partnered with Homelink to launch a “swipe for ZiG cash” initiative….

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EcoCash upgrades mobile app

ZIMBABWE’S leading mobile money platform, EcoCash Holdings, has launched a new mobile app that has additional features for convenient and easier transactions for its customers. The upgraded application, launched yesterday, was developed in response to customer feedback on the old app. Speaking at the launch, the company’s managing director, Munyaradzi Nhamo, emphasised the company’s dedication…

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