Angola’s Cabinda refinery ready to start by year-end
Angola’s new Cabinda crude oil refinery is set to commence operations later this year, with a target to reach full production of 30 000 barrels per day by July next year, according to chief executive...
View ArticleDelta sees volume growth after US$71m capex in 2023
Francis Gakanje DELTA Corporation expects significant growth in volume during the current financial year after the group invested US$71 million last year to boost production capacity. The Zimbabwe...
View ArticleZim to build two new generators at Hwange
The Government has started preparatory works for the development of two additional units at the Hwange Power Station to boost the country’s base load capacity.
View ArticleThe essential role of liability insurance
Liability insurance is a critical safeguard for small businesses, offering protection against potential financial losses arising from claims of injury, property damage, or negligence by third parties.
View ArticleTourism receipts up 35pc to US$241m
Zimbabwe’s tourism receipts grew by an estimated 35 percent to US$241 million in the first quarter of this year from US$178 million in the same period last year on the back of growth in both...
View ArticleAfreximbank earmarks US$400m for Zim firms
THE African Export-Import Bank (Afreximbank) has earmarked US$400 million for Zimbabwean-based pan-African firms seeking to undertake investments across the continent, a development expected to give...
View ArticleNetflix first possible blue-chip bond
Netflix is testing potential investor interest for its first investment-grade bond sale that would help refinance US$1,8 billion of maturities, according to people with knowledge of the matter.
View ArticleNigeria finally sells oil to Dangote in Naira
The Federal Executive Council (FEC) has approved a proposal for the State oil company, NNPC Ltd, to begin selling crude oil in Naira to the Dangote Refinery, and to other refineries.
View ArticleMastercard to spend US$4,7bn on Africa’s youth
The Mastercard Foundation plans to commit $4,7 billion over the next decade to support education and employment in Africa.
View ArticleAriston sees 93pc jump in Q3 volume
LISTED agricultural concern, Ariston Holdings Limited, says its macadamia nut sales volume grew by 93 percent to 1 171 tonnes in the third quarter to June 2024.
View ArticleZimra adds 66 000 to tax register in H1
THE Zimbabwe Revenue Authority (Zimra) added 65 547 new taxpayers into its register, thanks to the authority’s new tax administration system.
View ArticleIMF approves US$3,4bn programme for Ethiopia
The International Monetary Fund agreed to lend Ethiopia US$3,4 billion over four years as part of an economic reform programme, a key step to begin negotiations with creditors on restructuring the...
View ArticleGovt earmarks ZiG22bn to support farmers
The Government, in partnership with the private sector, is set to mobilise ZiG22 billion (US$1,6 billion) to support crop production and ensure food security at the household and national level.
View ArticlePlaster Centre celebrates 21yrs of high quality ceiling designs
For 21 years, Plaster Centre has been at the heart of ceiling and wall finish design. Our journey began in 2003 with the crafting and distribution of gypsum-based ceiling, decorating medallions and...
View ArticleSADC reflects on industrialisation journey
SARDC writers THE ongoing 7th SADC Industrialisation Week, which began on Sunday, offers southern Africa a valuable opportunity to reflect on the progress made since the region’s leaders adopted a...
View Article‘SADC should redouble industrialisation efforts’
Michael Tome Business Reporter FOREIGN Affairs and International Trade Minister Dr Frederick Shava has implored the SADC member states, and the private sector to increase their efforts towards higher...
View ArticleCZI optimistic of SADC Industrialisation Week gains
Michelle Moyo Bulawayo Bureau THE Confederation of Zimbabwe Industries (CZI) has expressed optimism of positive outcomes for local firms as the country hosts the Southern African Development Community...
View ArticleSavings, investments and properties
Godknows Hofisi Introduction In this finance article, I look at savings, investments and properties at a personal level. I base the article largely on literature available on the internet and my own...
View ArticleIoDZ celebrates leadership excellence
Herald Reporter The Institute of Directors Zimbabwe (IoDZ) held its 2024 Director of the Year Awards ceremony, celebrating outstanding leaders who have demonstrated exceptional commitment to corporate...
View ArticleFarmers call for multi-pronged strategy to agric
Martin Kadzere AT a time Zimbabwe is reeling from the devastating effects of the El Niño-induced drought, farmers have underscored the need for a multifaceted approach to ensure the country achieves...
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