THE Zimbabwe Buildex expo kicked off yesterday at the Golden Conifer in Harare with over 85 companies showcasing their services and products at the biggest construction event in the country. The exhibition, running under the theme: “Live your Best Life”, is being hosted by Sabistar Digital in partnership with Institute of Architects Zimbabwe (IAZ), Zimbabwe…
GRAIN Marketing Board has paid farmers all outstanding amounts for the maize that they delivered to the parastatal, a Cabinet minister has…
ZIMBABWE’s diamond production fell by 19,5 percent to 1,229 million carats in the fourth quarter of 2023, compared to the same period in 2022, official data shows. According to the Reserve Bank of Zimbabwe’s quarterly economic review for December 2023, output was, however, 18,7 percent higher than the 1,035 million carats in the third quarter…
THE Tobacco Industry and Marketing Board (TIMB) says it is exploring new tobacco curing measures, including the use of solar energy in a bid to curb deforestation. This comes as the government introduced a tobacco levy on farmers at a rate of US$0,015 per dollar of the selling price in 2015 with the revenue generated…
STANBIC Bank Zimbabwe (Stanbic) says it is committed to supporting the local economy and the construction of its new head office will see 50 percent of the building material for the project sourced locally. The new head office in Borrowdale, Harare, will enable the bank to consolidate its administrative operations into a one parkland site….
LEADING clothing retailer, Edgars Stores, says it is on the rebound as it seeks to reclaim its space and become a shopper’s choice despite the mushrooming of boutiques across the country. This was confirmed by the Edgars group chief executive officer, Sevious Mashosho, at the opening of a new clothing retail outlet at Ascot Stores…
PREPARATIONS for this year’s 64th edition of the Zimbabwe International Trade Fair (ZITF) are at an advanced stage, with over 94 percent of space now taken by exhibitors, organizers said at the weekend. ZITF board chairperson Busisa Moyo said space amounting to 46 945 sqm out of the net space of 49 499 sqm had…
GOOGLE’S senior vice president for artificial intelligence, James Manyika, has urged authorities to address the issue of high data tariffs to the growth of digital technology. He was speaking after meeting Information Communication Technology (ICT) minister Tatenda Mavetera in Harare yesterday, where Manyika emphasised the importance of affordable Internet services. “For developing countries to be…
THE African Development Bank (AfDB) and NMB Bank Limited Zimbabwe (NMB) yesterday signed an agreement that will pave the way for a US$15 million trade finance transaction guarantee facility for the local financial institution. This strategic collaboration aims to unlock significant trade finance opportunities for Zimbabwean businesses, particularly small-and- medium-sized enterprises (SMEs) and local firms…
THE Tobacco Farmers Union Trust (TFUT) has called on the government to review the current pricing models of the golden leaf by factoring in the cost of production for farmers to benefit. This comes as the 2024 tobacco marketing season is expected to open next Wednesday with farmers calling for more measures to cushion them…
