THE Harare City Council has warned property owners in the central business district (CBD) to immediately stop all illegal alterations to their buildings. This follows the death of Yolanda Hodzi, 19, last week after a building in the city centre collapsed on her. Scores of other shoppers were also injured.However, in a statement yesterday, the…
GOVERNMENT says it is currently reviewing the share trading suspension of Old Mutual Zimbabwe and PPC Zimbabwe on the Zimbabwe Stock Exchange (ZSE) which has been in effect for close to four years. Old Mutual Zimbabwe, SeedCo International and PPC — all listed on foreign bourses — were suspended from the ZSE in June 2020…
THE Reserve Bank of Zimbabwe (RBZ) says the challenges encountered by formal business operators regarding the statutory 10 percent trading margin on the official exchange rate for instore use will no longer be an issue following the introduction of a much stable new local currency, the Zimbabwe Gold (ZiG). Government through a Statutory Instrument 118a…
A TOTAL of 50.1 million kilogrammes of tobacco worth US$176.6 million have been sold so far at both auction and contract floors…
LEADING financial services institution, Stanbic Bank, has established a financial fitness academy aimed at equipping small to medium enterprises (SMEs) with the requisite skills to handle their finances and grow their businesses. The financial fitness academy would be an annual event that will equip entrepreneurs with the relevant skills that will see them grow their…
COMPULINK Holdings, a pioneering and leading information, communication and technology (ICT) company in Zimbabwe, is set to host the inaugural “Evolve ICT Summit 2024” on May 2 and 3 at the Harare International Conference Centre (HICC). The company said the summit would bring together “thought-leading policy makers and captains of industry” in the ICT space,…
IN a move that will rattle private road contractors who have been living off local authorities, Zimbabwe National Roads Administration (Zinara) is set to provide councils with equipment and fuel for road rehabilitation. This comes as Zinara and local authorities have been blaming each other for the poor state of roads with the latter accusing…
THE Swedish Embassy in Zimbabwe has committed US$2,5 million to foster a supportive environment for enterprise development, job opportunities, and the development of inclusive and sustainable economic activities across the country. The three-year cooperation agreement with the Confederation of Zimbabwe Industries (CZI) is in support of inclusive economic development thematic areas. The grant focuses on…
WOMEN Affairs minister, Monica Mutsvangwa has challenged financial institutions to consider investing more in women entrepreneurs to promote accelerated national economic growth. In her address during the Open Market Day and Exhibition organised by her ministry and the Organisation of Women in International Trade (OWIT) yesterday, Mutsvangwa said women were central in the country’s economic…
FORMER National Social Security Authority (Nssa) investment director, Brian Murewa, was yesterday granted US$500 bail following his arrest by the Zimbabwe Anti-Corruption Commission (Zacc) on Wednesday on fraud charges. He was remanded to May 14. In granting Murewa bail, Harare magistrate Donald Ndirowei ordered the accused not to interfere with State witnesses. “The accused is…
