Zimbabwe News Owls
GOVERNMENT plans to form and strengthen small-to-medium enterprises (SMEs) credit co-operatives to help them source funding, a Cabinet minister has said. Credit co-operatives are organisations owned and controlled by its…
THE Zimbabwe Stock Exchange (ZSE) is re-basing all its indices following the introduction of a new currency, Zimbabwe Gold (ZiG), last week. ZSE said all the ZSE indices would be…
Jossam Aarons and Privilege Matibu made a brazen move by towing away a car held by Zimbabwe Anti-Corruption Commission officials as evidence on a farm. The duo found themselves in…
In a remarkable transaction, the world’s most expensive cow was recently sold in Brazil for a staggering amount of approximately $4.8 million. This record-breaking sale underscores the immense value placed…
NetOne, a state-owned mobile network operator (MNO), has taken a strong stance against the sale of its airtime above the prices set by the Postal & Telecommunications Regulatory Authority of…
PLASTIC pipe manufacturer Proplastics Limited’s profit after tax more than trebled to nearly US$520 000 in the year ended December 31, 2023, on the back of a huge cut in…
LOCAL e-mobility firm Munesu Energy will roll out 200 electric vehicle (EVs) charging stations across Zimbabwe starting in May as the company seeks to increase the uptake of the latest…
TECHNOLOGY firm, Liquid Intelligent Technologies Zimbabwe, says its strategic partnership with Google Cloud will be a boost for local firms. The Google Cloud Platform, offered by multinational firm, Google, is…
STATE-RUN cotton firm, Cottco Holdings Limited (Cottco), has made headways in clearing a debt owed to farmers paying 90% of the US$23,7 million outstanding payments, NewsDay Business has learnt. Last…
Marange chiefs are up in arms with Zanu PF Mutare West legislator Nyasha Marange for allegedly demanding total control of the Chiadzwa Community Trust which is yet to disburse USD$…
Former opposition legislator and prominent economist, Eddie Cross, has disclosed that billionaire Kudakwashe Tagwirei is no longer affiliated with the Kuvimba Mining House. This revelation came to light during an…
National Foods volumes for the interim period to December 31, 2023, grew by 3,4 percent to 285 000 tonnes from the comparative period, largely driven by growth from the Stockfeeds.…
Investec has set aside funds to pay for possible compensation and other costs linked to its auto finance business in the UK as regulators continue with an industrywide probe into…
Businessman Obrian Obert Mapurisa is facing accusations of orchestrating a murder-for-hire plot targeting his business partner, allegedly hiring hitmen based in South Africa to carry out the deadly deed. The…
Harare | Kenneth Raydon Sharpe, commonly known as Ken Sharpe, is not just a Zimbabwean businessman; he is a testament to resilience, vision, and the power of determination. As the…
The Zambezi River Authority (ZRA) has released alarming data indicating a continual decline in stored usable water at Lake Kariba, a key source of hydropower for Zimbabwe and Zambia. This…
FIRST Mutual Holdings has expanded its healthcare network by opening a new medical facility in Southerton, Harare to help boost medical tourism and provide accessible healthcare in the country. This…
THE Securities Exchange Commission of Zimbabwe (SecZim) aims to increase its efforts to develop a generation that is financially literate and knowledgeable about money matters during this year’s Global Money…
Gold prices edged higher on Wednesday after dropping more than 1 percent in the previous session, as investors digested hotter-than-expected US inflation data and still banked on a Federal Reserve…
Stock finance is a lending service that allows businesses to borrow working capital against their goods. Agent float loan allows bank and mobile money agents to access unsecured loans for…