Zimswitch takes convenience a notch higher with e-commerce solution
Herald Correspondent Zimswitch has introduced an online payment platform to support local e-commerce in Zimbabwe. The development is coming at an opportune time of festivities where there is growing...
View Article‘Non-tax revenue can broaden fiscal inflows’
Business Reporter Zimbabwe should consider non-tax revenue generation initiatives to broaden inflows into the fiscus given the potential negative impact of the El Nino weather phenomenon on the...
View ArticleGas discovery opens new economic horizons
Golden Sibanda Business News Editor IN a landmark development likely to transform Zimbabwe’s economic landscape, Australian firm Invictus Energy and its local partner, One Gas Resources, have...
View ArticleCAG Travellers Coaches wins best transporter of the year
Herald Reporter One of the country’s leading transporters, CAG Travellers Coaches, is in seventh heaven after scooping a prestigious award for this year’s best Transport Solution and Management Project...
View ArticleIndustrial, mining firms capacities surge in Q3
Business Reporter LARGE firms in the manufacturing and mining sectors recorded slight increases in capacity utilisation in the third quarter of 2023 while small operators saw a marginal retreat in...
View ArticleSA inflation back on downward path thanks to fue
South African inflation slowed for the first time in four months in November thanks to cooling fuel prices which overpowered still-rising food costs. Headline consumer inflation fell to 5,5 percent...
View ArticleKenya opens doors to the world, after scrapping Visa
Kenya is set to end visa requirements to all visitors starting January in 2024 making it a visa-free country, President William Ruto has announced. The latest development will now bring to an end the...
View ArticleUK announces US$9,3m for Africa’s disaster
The Foreign, Commonwealth and Development Office of the United Kingdom has declared an extra £7,4 million ($9.63 million) in funding for the African Development Bank’s initiative to help African...
View ArticleKaro Resources hits ground running
Blessings Chidakwa Herald Reporter The new US$4,2 billion Karo Resources platinum mine is roaring into life with the start of the construction of its plants and an administration block and the arrival...
View ArticleNew taxes for importation of vehicles
Farirai Machivenyika Senior Reporter Finance, Economic Development and Investment Promotion Minister, Professor Mthuli Ncube has increased the import duty on the importation of luxury vehicles...
View ArticleRussia signs agreement with African countries to train mining engineers
Sifelani Tsiko in St Petersburg Russia Russia has signed a cooperative agreement with nearly 30 African universities to enhance the training of mining engineers on the continent. Zimbabwean...
View ArticleUganda’s economy set to rebound in 2024
Uganda’s economy is expected to pick up in 2024, following a slowdown in 2023. According to a recent report, the country’s real GDP growth is forecasted to reach 5.8% in 2024, after falling to 4.6% in...
View ArticleAfrican e-commerce giant to cease delivery business
Jumia currently runs its food delivery services in Nigeria, Kenya, Uganda, Morocco, Tunisia, Algeria, and Ivory Coast. This strategic decision is part of Jumia’s efforts to concentrate on the expansion...
View ArticleFarmers trained on cotton seed hybrids
Business Reporter IN a bid to revolutionise the cotton industry and boost national productivity, Quton Seed Company is intensifying the training of local farmers on cotton seed hybrid production. The...
View ArticleConsumers warned about risk of forex, online day trading
Banks offer platforms where their clients can deposit money and trade shares daily, which may reinforce the idea that making money this way is ‘easy Consumers and investors have been warned to only...
View ArticleKenya Airways cancels flights on crew shortage
National carrier Kenya Airways faces a cabin crew shortage that has forced it to cancel and delay flights, threatening its revenues over the peak festive season. Confidential correspondences between...
View Article‘Adop smart agric practices to enhance yields’
Enacy Mapakame Business Reporter Lands, Agriculture, Fisheries, Water and Rural Development Deputy Minister Vangelis Haritatos has called for the adoption of smart farming practices to enhance...
View ArticleZim to benefit from US$5,5m packhouse plan
Michael Tome Business Reporter Zimbabwe is among four African countries set to benefit from an initiative to build €5 million (US$5,45m) worth of cold storage facilities, sources in the horticultural...
View ArticleUAE conglomerate mulls billion-dollar Zim investments
Wallace Ruzvidzo-Herald Reporter One World Group, a corporate behemoth headquartered in Abu Dhabi, United Arab Emirates will set up shop in Zimbabwe, with investments in the country’s tourism,...
View ArticleUS$3 billion deal set to boost Zim economy
Precious Manomano-Herald Reporter Zimbabwe has signed a memorandum of understanding with One World Group, a company based in the United Arab Emirates, which will invest US$3billion in the initial phase...
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