Minister Chidhakwa

Gold mines to invest $108m for expansions

Golden Sibanda Senior Business Reporter— GOLD mining companies intend to invest about $108 million next year to expand operations and increase bullion production by between 10 to 100 percent; f...
Government has embarked on a massive road rehabilitation and upgrading exercise and has already completed the Plumtree-Harare-Mutare highway

Govt embarks on roads facelift

Government says it will now focus on finding partners to upgrade the Harare-Nyamapanda and the Beitbridge-Bulawayo-Victoria Falls highways, after sealing a deal for the dualisation of the Harare-Beit...
NBS

NBS seeks $60m for new flats, houses

Conrad Mwanawashe Business Reporter— THE National Building Society is in the market to raise over $60 million for housing projects through a funding strategy that includes additional capital fr...
equity-shares

Equities market up 13,46pc

Business Reporter THE equities market rose 13,46 percent month on month to 137,08 levels, registering a 20-day run in November, its longest consecutive gain since dollarisation in 2009. Of the 21 tra...
Dr Sibanda

Pure Oil requests farmland from Govt

Business Reporter ZIMBABWE’s largest cooking oil manufacturer, Pure Oil Industries, has asked Government to provide 150 000 hectares of farmland to enable the company to produce soya beans. Already, ...
cash

$35m needed for drought relief: FAO

Business Reporter THE Food and Agriculture Organisation requires $35 million for its 2016 /17 drought relief programme targeted at 486 000 households in Zimbabwe. FAO said the programme has been fund...

Zim to access climate funding

Jeffrey Gogo Climate Story ZIMBABWE is to get $300 000 from the Green Climate Fund (GCF) to help make the country ready for further adaptation funding from the South Korea-based financier. The GCF is...
Finsec chairperson Rachel Kupara (left), Securities and Exchange Commission of Zimbabwe chief executive Mr Tafadzwa Chinhamo (centre) and CABS managing director Mr Simon Hammond follow proceedings during the listing of Old Mutual empowerment shares yesterday

FINSEC lists Old Mutual shares

Business Editor— OLD Mutual Zimbabwe became the first company to trade on the Financial Securities (FINSEC) Alternative Trading Platform yesterday after it listed its empowerment shares, which ...
Maize

Zim to sign maize importation deal

Business Reporter— Zimbabwe will, by next week, sign a 100 000 tonnes maize importation deal with Mexico following successful negotiations with the central American country’s agriculture minist...