AGRI Value Chain Zimbabwe (AVCZ) is set to raise its shareholding in David Whitehead Textile (DWT) after some minority shareholders agreed to dispose of their stake.
The poverty situation in Zimbabwe worsened between 2017 and 2019, with urban poverty rising faster as compared to rural while humanitarian assistance coverage of the extreme poor went up.
AIR Zimbabwe says the delivery of a Boeing 777-200ER earlier this week for long haul flights is a positive step towards the turnaround of the national airline.
Business Reporter Nyanga, one of the country’s major tourist destinations, is still capable to host tourists despite the decision by the Zimbabwe Parks and Wildlife Management Authority (ZimParks) to close Rhodes Camp Nyanga for renovations. Rhodes Camp Nyanga will be closed for the next three months as the authority seeks to revamp it from being […]
Chinese online giant Taobao has warned sellers using its platform not to profit from the deadly corona-virus outbreak by raising prices.
The African Development Bank’s (AfDB) has approved a US$685 000 grant to strengthen Zimbabwe’s capacity to manage disaster risk.
We all can agree that starting your own business can be the most exhausting and difficult thing to do. But guess what
Akon is set to build his own city, which is going to be known as Akon City. Reports are that this city
Enacy Mapakame, Business Reporter Some businesses across the country are yet to comply with Government’s directive to reduce value added tax (VAT) to 14,5 percent. Last year, Treasury ordered the reduction of VAT by 0,5 percent, but receipts from some retail outlets show the tax is still pegged at 15 percent. Confederation of Zimbabwe Retailers […]
TELECEL International (TI), a State-owned vehicle which owns 60 percent of Telecel Zimbabwe (TZ), is considering converting the US$90 million debt owed by the mobile network operator into equity, a move likely to close the chapter on historical squabbles among shareholders.