Zimbabweans spent more on fast foods in the first three months of this year than they did over the same period in 2020, despite COVID-19 restrictions reducing customer numbers.
Simbisa, the country’s biggest fast...
Zimbabwean exporters will be rewarded for exporting more, under a raft of new incentives announced by Finance Minister Mthuli Ncube on Monday.
Exporters, including miners, currently keep 60% of their foreign earnings in hard...
TelOne, Zimbabwe’s state-owned telco, has selected Tejas Networks of India to build a 100Gbps fibre network to expand bandwidth.
Tejas' 100G DWDM/OTN solution was selected after a competitive bidding process and a field...
Tharisa, the JSE-listed platinum and chrome producer, has acquired Salene Chrome Zimbabwe for US$3 million as part of its growth strategy in the country.
Salene Chrome is a low-lost property at development stage on...
The good news is that work to expand the Beitbridge border post is picking up pace. But the bad news is that construction will worsen delays at the already chaotic transit point.
Zimborders, a...
Government will guarantee US$750 000 of a CBZ loan to Luxaflor Roses, the country’s biggest rose producer, under a COVID-19 stimulus package for local companies.
A government gazette issued Friday said the US$750 000...
Dairibord, the country's biggest dairy producer, has reported a 12.5% drop in sales for 2020 due to COVID-19 restrictions and lower output from milk producers.
In 2020, farmers produced less milk, as they felt...
Precious Nyika, the CEO of Lafarge Zimbabwe, has an interesting marketing battle ahead of her; convincing the local market that a house built in 12 hours is still a house.
Lafarge Zimbabwe plans to...
The European Investment Bank (EIB) has agreed a €15 million fund to support Zimbabwean businesses hit by COVID-19, the first such financing to the country by the bank in over two decades.
The fund,...
Lafarge has commissioned a new US$2.8m dry mortar plant, part of a US$25m expansion plan by the cement maker to take advantage of growing demand for building materials.
The new plant, supplied by Turkish...
