HARARE, June 26 (The Source) – About 67 percent of loans issued by the Small and Medium Enterprises Development Corporation (SMEDCO) loans have not been recovered in the seven years to December 31, 2016, and the ministry sought to avoid accounting for the money, the… Read More
HARARE, June 26 (The Source) – Former Reserve Bank of Zimbabwe governor Gideon Gono has been appointed to chair the Special Economic Zones board, marking his comeback to public office since he left the apex bank in 2013.
HARARE, June 26 (The Source) – Zimbabwe Parks and Wildlife Management Authority (Zimparks) is planning to upgrade facilities and install artificial lighting in the famed Victoria Falls Rainforest, which it is considering opening round the clock to attract more tourists.
HARARE, June 26 (The Source) – Zimbabwe has put in place the necessary legal framework for the establishment of a specialized court to deal with commercial disputes seen as crucial to improving the ease of doing business.
HARARE, June 23 (The Source) – You know election season is around the corner when political parties start making promises they cannot keep.
HARARE, June 23 (The Source) – Agro-industrial group TSL on Friday reported a 163 percent increase in net income to $1,58 million in the six months to April 30, driven by an improved performance by the agro chemicals business and higher grain production.
HARARE, June 22 (The Source) – Zimbabwe’s largest media group,Zimpapers, says that it has budgeted capital expenditure of $3,8 million for 2017 and has so far spent $780,000 on equipment and property development.
VICTORIA FALLS, June 20 (The Source) – Zimbabwe has signed a comprehensive agreement with unnamed Chinese investors for the construction of its ‘Disneyland in Africa’, a tourism and conference theme park in the resort town of Victoria Falls, the tourism minister said on Wednesday.
HARARE, June 21 (The Source) – Zimbabwe’s Tobacco Research Board says it produces enough seed to serve both the domestic and export markets, despite receiving no government support.
HARARE, June 12 (The Source) – State owned Agricultural Development bank of Zimbabwe (Agribank) reported a profit of $1,8 million for the five months to May, over three times the budget, driven by Treasury Bills interest income.
HARARE, June 12 (The Source) – South Africa’s Alexander Forbes Group Holdings has acquired Zimbabwe’s largest independent actuarial firm, African Actuarial Consultants (AAC).
By Chipo Musoko, HARARE, July 9 (The Source) – Former indigenization minister, Saviour Kasukuwere on Thursday maintained that five diamond mining companies in Marange had pledged $50 million to community trysts but were failing to meet their pledges due to lack of finances. The… Read More
By Bernard Mpofu, HARARE, July 6 (The Source) – Zimbabwe has marginally lost its market share of reptile skin exports after it registered a six percent growth in 2014 against a world average of seven percent, figures obtained from the International Trade Centre (ITC)… Read More
By Chipo Musoko, HARARE, July 6 (The Source) – Zimbabwe’s aviation agency has plunged into insolvency after struggling to retire a $240 million debt while spending $5,6 million, over half of its monthly income on expenses, an official told Parliament on Monday. Civil Aviation… Read More
By Bernard Mpofu, HARARE, July 6 (The Source) – Half of actively listed companies on the Zimbabwe Stock Exchange (ZSE) could be forced to delist or downgrade to a secondary bourse if they fail to meet a proposed listing threshold of $10 million if new… Read More