Scroll to Top

Sunday News

Bringing you the best

CZI Matabeleland president Mr Joseph Gunda stresses a point during the Business Chronicle Pre-Budget dialogue last week Business Reporter ZIMBABWE’S industrial capacity utilisation is expected to rise above last year’s figure of 47,4 percent despite some challenges that have seen some companies facing production bottlenecks mainly due to shortage of foreign currency....

Danisa Masuku, Business Correspondent LEADING Bulawayo grocery company, Fortwell Wholesale Ltd is suing Steward Bank for alleged breach of a verbal contract that resulted in the wholesaler allegedly losing $74 193,12. ...

Dr Judith Kateera Munyaradzi Musiiwa, Midlands Bureau THE National Investment Policy being crafted by Government as part of efforts to advance policy reforms to make the investment environment more conducive has the potential to make the country an economic powerhouse within the region, an official has said. ...

Norman Mataruka Wilson Dakwa, Business Reporter THE Reserve Bank of Zimbabwe has said the establishment of the collateral registry was now awaiting approval from the Attorney General’s office. ...

Dr Tinashe Manzungu of TM group of companies (left) receives a certificate from MSU Pro Vice Chancellor Kadmiel Wekwete after being crowned this year’s Megafest chief executive and Industrialist of the Year for Midlands Province Midlands Reporter GWERU businessman Dr Tinashe Manzungu of TM group of companies has been crowned this year’s Megafest chief executive and...

Dr Gono “FAILURE is not an option.” ...

Sukulwenkosi Dube-Matutu, Plumtree Correspondent BULILIMA Rural District Council has collected 20 percent of this year’s projected budget of $2,5 million, a situation that has compromised service delivery in the area. ...

Eng Tendai Tidings Musasa Leonard Ncube in Victoria Falls Government has approved an application by a local engineering company and granted land to the firm to set up a 125MW solar plant and water project worth more than $300 million. ...

Butler Tambo THE prognosis of the Zimbabwean economy by the International Monetary Fund (IMF) in 2016 was one of a bleak and receding economy needing bold steps to jump-start. IMF noted the economy was operating well below capacity and there was urgent need for ambitious reforms to transform the economy and unleash the country’s growth potential. ...

THE Government says Zimbabwe saved over $2 billion in potential import expenses following the introduction of import control measures under Statutory Instrument 64 of 2016. The policy enabled companies to revamp their production capacity in the absence of competition from imports. ...