AFRICA’S economic landscape is undergoing a significant transformation, presenting huge opportunities for businesses to expand and flourish, says Dr James Mworia, the…
THE government has issued a warning against businesses over illegal erection of billboards along the country’s highways, saying they are blurring road signage. Yesterday, the ministry of Transport expressed concern over the increase in the number of illegal billboards along the country’s highways which are endangering the lives of motorists. “The ministry of Transport and…
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THE country’s largest cotton producing company, Cotton Company of Zimbabwe (Cottco), says this year’s yield is expected to plummet by 30 percent owing to drought. This comes after the country’s cotton production increased by 67 percent to 89,6 million kilogrammes during the last 2022/23 farming season, with statistics from the Agricultural Marketing Authority (Ama) showing…
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FINANCE minister Mthuli Ncube has extended an invitation to investors in South Africa to maximise on abundant opportunities in the Victoria Falls Stock Exchange (VFEX) in a latest round of global investment roadshows meant to cajole capital inflows into the country. Since its introduction in October 2020, the VFEX has shown mixed results, with considerable…
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LONDON-BASED Kavango Resources Plc (Kavango) says it has finalised sale and purchase agreements for its exploration projects in Matabeleland province, Hillside and Leopard South on improved commercial terms. The southern Africa-focused metals exploration company last year signed an option agreement with undisclosed vendors to acquire two gold exploration projects in Matabeleland province, the Hillside and…
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DELTA Corporation has embarked on a smart drinking and moderation innovation campaign aimed at solving the challenge of drugs and substance abuse in communities. The campaign that was launched recently would see tertiary students who attended a boot camp organised by Delta embarking on awareness campaigns and roll out innovative models to address drug, substance…
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ZIMBABWE’S largest telecommunications and technology company, Econet Wireless, has achieved an Africa first by opening two free remittance corridors into the country, completely eliminating the cost to both sender and receiver. Econet has partnered with its sister company, Sasai Money Transfer, to enable individuals and companies in the United Kingdom and South Africa to send…
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ONE of the country`s leading commercial banks, Metbank, says it is embarking on innovation and digitalisation drive to offer unique service to its customers. Metbank chairperson Linda Chipunza yesterday said the bank would continue to shape its future by offering unique services that enhance economic development. “The operating environment remains challenging, but we remain optimistic…
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THIS year’s tobacco prices improved as compared to last season, despite a decline in tobacco deliveries on account of the El Nino induced drought that is ravaging Southern Africa, the Tobacco Industry Marketing Board (TIMB) says. Speaking to the Daily News yesterday, TIMB spokesperson Chelesane Tsarwe said that the prices of tobacco this season was…
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DIVERSIFIED equipment maker and distributor, Zimplow Holdings, yesterday said it has managed to overcome the country’s challenging economic hardships by employing strategies that brought the required solutions. Zimplow manufactures and markets a diverse range of products for the construction, infrastructure and agricultural sectors in Zimbabwe.The company said despite the economic hardships it had been going…
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