Source: OK business rescue seeks to stop haemorrhage – herald Tapiwanashe Mangwiro OK Zimbabwe Limited’s business rescue administrator is urgently seeking to “stop the bleeding” at the struggling retail giant, amid sweeping cost-cutting and operational restructuring measures already in motion. Addressing the first meeting of creditors and shareholders in Harare earlier this week, Grant Thornton […]
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ZIDA woos investors for hotel, conferencing facilities in Harare
Source: ZIDA woos investors for hotel, conferencing facilities in Harare – herald Michael Tome Business Reporter ZIMBABWE is intensifying efforts to attract private capital into the tourism sector, with the Zimbabwe Investment and Development Agency seeking investors to develop a 10 000-room hotel and conferencing facilities in Harare. The investment opportunity is being marketed to […]
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Joina City set to get special economic zone designation
Source: Joina City set to get special economic zone designation – herald Business Reporter The Zimbabwe Investment and Development Agency intends to designate portions of Joina City as a Special Economic Zone to position Zimbabwe as a competitive hub for global service exports and high-end digital labour. In a public notice inviting potential objections to […]
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Farmers applaud Govt for grain debt payments
Source: Farmers applaud Govt for grain debt payments – herald Edgar Vhera Specialist Writer – Agribusiness Farmers have expressed their gratitude after the Treasury released US$5 million and ZiG60 million (US$2 378 817) to the Grain Marketing Board over the past fortnight to clear outstanding debts. The farmers, however, appealed to the authority to prioritise […]
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‘ZiG‑only pay will appreciate domestic currency’
Source: ‘ZiG‑only pay will appreciate domestic currency’ – herald Zvamaida Murwira Senior Reporter THE Government’s directive requiring suppliers to be paid exclusively in ZiG will result in the appreciation and firming of the domestic currency given that there will be more demand for it, Finance, Economic Development and Investment Promotion Minister Professor Mthuli Ncube has […]
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Zim takes UNSC bid to the Caribbean
Source: Zim takes UNSC bid to the Caribbean – herald Wallace Ruzvidzo Herald Reporter FOREIGN Affairs and International Trade Minister Professor Amon Murwira, serving as President Mnangagwa’s Special Envoy, is conducting high-level diplomatic engagements across the Caribbean to solicit support for Zimbabwe’s bid for a seat on the United Nations Security Council. He began his […]
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Govt opens new fuel routes to safeguard supply
Source: Govt opens new fuel routes to safeguard supply – herald Herald Reporter GOVERNMENT is opening up new supply avenues and strengthening distribution systems to ensure the continued availability of fuel across the country, even as global market pressures intensify. This comes as global fuel prices have increased owing to the conflict in the Middle […]
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Reckless driving must end now: police, kombi associations
Source: Reckless driving must end now: police, kombi associations – herald Theseus Shambare POLICE and commuter omnibus associations have called for urgent action to end reckless driving in Harare, warning that growing lawlessness on the roads is putting lives at risk. The Zimbabwe Republic Police says it is stepping up enforcement to curb dangerous driving, […]
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Media will not be left behind as ease of doing business promotes development: Minister Soda
Source: Media will not be left behind as ease of doing business promotes development: Minister Soda – herald Wallace Ruzvidzo Herald Reporter The Second Republic’s “ease of doing business” policy thrust applies to every sector, including the media, Information, Publicity and Broadcasting Services Minister Dr Zhemu Soda has highlighted. In his address at the 15th […]
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Raw mineral exports drop after lithium ban: ZACC
Source: Raw mineral exports drop after lithium ban: ZACC – herald Herald Reporter The recently-imposed national ban on all outbound raw minerals has seen a major significant drop in vehicular cargo going outside the country, a recent monitoring survey at all inland exit points shows. A joint monitoring operation by the Zimbabwe Anti–Corruption Commission and […]
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