Economy

Economy

economy

Kuwadzana Water Crisis Deepens With Month-Long Shortage

Kuwadzana Water Crisis Deepens With Month-Long Shortage

Africa-Press - Zimbabwe. RESIDENTS of Kuwadzana, one of Harare’s largest high-density suburbs, have gone for close to a month without running water after the...
Afreximbank pumps US$100m into Bahamas road upgrades

Afreximbank pumps US$100m into Bahamas road upgrades

Africa-Press - Zimbabwe. The African Export-Import Bank (Afreximbank) has disbursed a US$100 million receivables discounting facility to Bahamas Striping Group of Companies Ltd (BSGC)...
Register or shut down, ZTA warns tourism players

Register or shut down, ZTA warns tourism players

Africa-Press - Zimbabwe. The Zimbabwe Tourism Authority (ZTA) has given tourism players until February 28 to register or risk closure, as it steps up...
Premier Concludes Major Contract With Xinhai Technology

Premier Concludes Major Contract With Xinhai Technology

Africa-Press - Zimbabwe. PREMIER African Minerals Limited (Premier) has concluded a procurement, installation and commissioning contract with Xinhai Technology Processing (XTP) subsidiary Thriving Engineering...
POSB unveils mobile based saving app

POSB unveils mobile based saving app

Africa-Press - Zimbabwe. THE People’s Own Savings Bank (POSB) has launched Huruyadzo/Inkunzi, Zimbabwe’s first mobile-based group savings platform. In a statement, POSB said the mobile-based...
Surging Import Bill Threatens Economy Warns Buy Zimbabwe

Surging Import Bill Threatens Economy Warns Buy Zimbabwe

Africa-Press - Zimbabwe. BUY Zimbabwe has revealed a rising import bill dominated by fuel and food that continues to strain the economy, despite the...
Tongaat Pursues Liquidation Amid Hippo Valley Uncertainty

Tongaat Pursues Liquidation Amid Hippo Valley Uncertainty

Africa-Press - Zimbabwe. Tongaat Hulett Limited’s (Tongaat) ZAR5,9 billion (US$330,05 million) sale to the Vision Group faces an uncertain future after its business rescue...
Fidelity moves to spot pricing to attract more gold

Fidelity moves to spot pricing to attract more gold

Africa-Press - Zimbabwe. Fidelity Gold Refinery says it has adopted spot pricing to reflect prevailing market prices, in a move observers say is aimed...
Suspected Serial Vehicle Import Fraudster Remanded

Suspected Serial Vehicle Import Fraudster Remanded

Africa-Press - Zimbabwe. HARARE, Feb. 12 (NewsDay Live) – Suspected serial fraudster Vitalis Munemo has been remanded in custody by Harare magistrate Ruth Moyo...
Graft rife in mining sector, new report shows

Graft rife in mining sector, new report shows

Africa-Press - Zimbabwe. TRANSPARENCY International Zimbabwe (TIZ) has flagged the mining sector as the country’s most corruption-prone industry, citing secrecy, weak disclosure frameworks and...