Zimbabwe’s taxman, the Zimbabwe Revenue Authority (Zimra) is in the final stages of rolling out an electronic cargo tracking system, which is designed to monitor trucks transiting through Zimbabwe, as authorities heighten efforts to prevent dumping of foreign goods on the local market.
Retail store SPAR Zimbabwe will this year open new stores and partner with independent retailers to grow the brand
Zimbabwe's second largest mobile-telecommunication company by subscribers, NetOne has appointed George Manyaya as its Public Relations and Special Projects Executive.
Zimbabwe’s largest bank CBZ Holdings has suspended the use of Visa cards for local transactions informed by the country’s crisis in handling cash shortage.
Postal and Telecommunications Regulatory Authority of Zimbabwe sets minimum charges for voice and data
Telecommunication regulator Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz) has set floor prices for voice and data for bundled services including promotional packages.
Local tyre manufacturers are decrying shortage of foreign currency warning that the deficit has limited local manufacturers from benefiting from import restrictions placed on some products which could further fuel shortages, they warned
Victoria Falls Airport is set to welcome two new airlines in the next half of next year thanks to its latest upgrade. The upgrade was made possible through a $150 million loan that the Exim Bank of China extended and it expanded the runway, taxiways and a new terminal
CBZ Holdings has set aside $70 million for the 2016/17 summer cropping season targeted at small-scale and large-scale farmers in a bid to transform the agriculture sector through the provision of accessible loans.
Econet Wireless Zimbabwe has launched the EcoCash Rand Wallet on its mobile money platform to give an alternative currency in the wake of cash shortages prevailing in the market.
Zimbabwe's state electricity distribution company, Zesa Holdings Ltd, has asked industrial customers to pay in advance in foreign currency for power imported from South Africa and Mozambique as generation from the Kariba South hydro power plant slumps and because of a dollar shortage in the country.
The Zimbabwe government has completed the acquisition of Global Telecom Holdings’ (GTH) entire shareholding in Telecel International for $40 million.
In a bid to make banking easier in Zimbabwe, according to ZimTech Steward bank has announced the launch of Square Banking, a banking facility that performs banking transactions on a mobile device.
Old Mutual Zimbabwe is set to be the first company to trade its empowerment shares on the Financial Securities, FINSEC, Alternative Trading platform as it seeks to endorse government’s indigenization programme.
Mahindra Zimbabwe has partnered with MBCA Bank and African Century to allow prospective owners to purchase vehicles at lower prices similar to the cost of an imported vehicle.
Dandemutande Investments Limited, one of Zimbabwe's leading Broadband Internet Access Providers has announced that it acquired YoAfrica Limited, a leading Internet Service Provider in Zimbabwe.
The Indian government is set to invest in Zimbabwe’s small-to-medium enterprises (SMEs) to boost trade between the two countries, which has been skewed in favour of the Asian giant.
Zimbabwe has recorded an increase in exports and revenue from chrome ore and high carbon ferrochrome following the lifting of an export ban instituted in June last year.
There is a lot of speculation around the introduction of bond notes and what that will mean for the future of Zimbabwe’s economy.
Retail merchandising company The Spar Group has left its distribution business in Zimbabwe last saying it would now focus on cost containment and an increase in its own branded products.
[Zimbabwe] Nhimbe Fresh Exports secures $2.5 million credit to boost production of specialist fruits and vegetables
Zimbabwe’s horticultural company Nhimbe Fresh Exports has secured a $2,5 million loan facility from the Europe-based United Exports, which is aimed at boosting the production of blueberry, raspberry, stone fruit and some vegetables.
[Zimbabwe] Insurance and Pensions Commission deregisters two insurance companies over non compliance
The Insurance and Pensions Commission (IPEC) has deregistered two non-life insurance companies Heritage Insurance and Excellence Insurance for failing to meet the prescribed minimum capital threshold of $1,5 million.
Rumours of a delay in the introduction of Zimbabwe's unpopular bond notes aren't true if central bank chief John Mangudya is to be believed: he says they'll be out in two weeks.
A subsidiary of power utility company Zesa Holdings, Zesa Enterprises, Zent, has announced plans to expand operations across the region as it looks to tapping into foreign currency.
ECONET Wireless has introduced a new thematic data campaign “Smart Data” in a major milestone set to promote internet use and enhance customers’ experience.
Zimbabwe’s largest fertilizer and chemicals manufacturing company, Chemplex Corporation Limited, has invested $27,5 million in its subsidiaries and associate companies ahead of the 2016/2017 summer cropping season.
Zimbabwe reserve bank(RBZ) will today embark on a nationwide campaign as bond notes are rolled out. RBZ boss John Mangudya said the token notes will be introduced any time from now.
Zimbabwe manufaturers and retailers are expressing optimism that the introduction of bond notes in the market early next month will improve liquidity in the market.
At a press conference, the CEO of the African Trade Insurance Agency (ATI) , George Otieno, along with H.E. Dina Mufti, the Ethiopian Ambassador and Gabriel Negatu, Regional Director, African Development Bank announced today that it is ready to begin covering transactions in Ethiopia and Zimbabwe.
Unilever's Top Employer status in Africa was solidified when company was certified in Zimbabwe for the first time and achieved No.1 status in Ghana, Nigeria and Kenya.
RioZim Ltd. chose a state-owned Chinese company to design a US$2,1 billion power plant it plans to build in Zimbabwe, which faces frequent blackouts, and is lobbying South Africa’s electricity utility to buy from the facility to help attract investors.
Mukuru has partnered with EcoCash, a Zimbabwean mobile money provider, to offer a quick and easy way of sending money to Zimbabwe. The partnership was facilitated and structured by Cassava, a wholly-owned financial technology (FinTech) subsidiary of the Econet Group.
Mobile telecommunication operator Telecel yesterday said it is expanding its 3rd Generation (3G) network with 44 new sites already set up, while a further 74 will be rolled out by year-end.
Zimbabwe is uniquely positioned to host a conference on such magnitude as Government has, since 2011, adopted RBF and significantly improved health care outcomes in the country.
ECONET Wireless Zimbabwe's mobile financial service platform, Ecocash, has transacted over $16 billion in the last four years.
Zimbabwe’s taxman is harmonizing and cleaning up the motor vehicle registration process starting with recently launched investigations that seek to find out if vehicles imported between January 2014 and June this year received clearance according to the law.
Zimbabwe’s financial institution CBZ Holding has presented to the public the $12 million housing project located in Victoria Falls which is meant to complement Government’s initiative to provide decent housing to the citizenry
Liquid Telecom Zimbabwe and its sister company ZOL were both recognised at last week’s Mashonaland Annual Business Awards hosted by The Zimbabwe National Chamber of Commerce (ZNCC).
[Zimbabwe] Harare to host 3rd Capacity Development Forum on 'Developing Capacity for Africa's Economic and Social Transformation'
Strong, successful, self-sufficient nations are generally characterised as those that build institutions and practices that allow a people to govern themselves in peaceful and prosperous ways.
Zimbabwe-focused investor Cambria Africa has revealed it is considering the terms of an offer from Consilium Investment Management in relation to a dispute over the payment of a debt, while its finance director has stepped back to take a non-executive role in the company.
The United States Agency for International Development (USAID) has announced an additional $5 million contribution to the United Nations World Food Programme (WFP) for humanitarian assistance as development partner.
fastjet has announced that its newest international routes will be from Harare and Victoria Falls in Zimbabwe to Johannesburg, South Africa.
Emirates is set to enhance its on-board experience and increase capacity on its Zambia and Zimbabwe route with the deployment of a larger Boeing 777-300ER aircraft from 1 February 2016.
In a 2016 report entitled Global Economic Prospects: Spillovers amid Weak Growth released last week, the World Bank said structural reforms are needed to alleviate domestic impediments to growth and to accelerate economic diversification.
TECHNOMAG, Zimbabwean based Tech Magazine in-conjunction with the Ministry of ICT Postal and Courier services is announcing its inaugural launch of Young Achievers Tech Awards (YATA), which recognizes the young and upcoming tech players in Zimbabwe.
MoneyGram and Econet Wireless have announced the launch of a new service that enables customers from more than 200 countries and territories worldwide to transfer funds via EcoCash, Zimbabwe’s leading mobile money transfer solution
Sport is a national obsession in South Africa, and many observers have noted that the international sporting boycott of South Africa in the 1970s and 1980s played a pivotal role in bringing apartheid to an end.
fastjet, Africa's low-cost pan-African airline, is pleased to announce that it was yesterday granted an Air Operator Certificate (AOC) by the Civil Aviation Authority of Zimbabwe (CAAZ).
ECONET Group founder Strive Masiyiwa says he is considering a separate listing next year for subsidiary Liquid Telecom which currently is probably the largest operator of fibre and business satellite services on the African continent.
India’s Bharti Airtel has entered into a partnership agreement with Econet-owned Liquid Telecom to use the latter’s terrestrial fibre network to connect its mobile base stations and enterprises.
Zimbabwe online market Tengai has entered into a partnership with Econet Wireless Zimbabwe to provide an online classifieds platform which allows free browsing and free advertising, The Source reported.
Denford Mutashu is Founder and President of The Confederation of Zimbabwe Retailers, Zimbabwe. His interview with Africa Business Communities:
Zimbabwe and Zambia are currently in talks to address the challenges of doing business between the two countries amid rising trade levels between the neighbours.
Zimbabwe’s export promotion body, ZimTrade has said potential business estimated at $1 million was anticipated following the participation of textile and clothing companies at an exhibition in South Africa last month.
It’s not like we haven’t heard it enough times – we have: Africa is rising. More and more attention is being given to what was previously the Dark Continent, but is now being seen as the hope of the world.
Zimbabwe’s largest mobile network operator, Econet Wireless, has launched a new service that allows farmers to easily connect with agricultural research and extension officers for advice.
Thembe Khumalo is Executive Director at Island Hospice & Healthcare, Zimbabwe. Her interview with Africa Business Communities:
A DELEGATION of the World Bank group's private sector lending arm will arrive in Zimbabwe on Wednesday evening for a series of meetings with government, business leaders and the bankers association, as the country seeks long-term, inexpensive funding for its undercapitalised firms.
[Africa CEO Forum] Simon Bere: African Banks Need a Higher Risk Tolerance to make it to the Next Level
Regarding the ability to compete in the global markets, it is an entrepreneurial matter more than anything else. Given that collapse of boundaries made possible by the digital revolution, it may not even be important for African banks to migrate physically and set up brick and mortar structures in other continents for them to operate globally.
Steward Bank is set to launch correspondence banking soon in Zimbabwe. According to a statement released by the bank.
Inigmah Group, a Singapore based digital solutions provider is now providing its full suite of services to the Zimbabwean market through a strategic venture with a local company.
Mwana Africa has appointed Toindepi Muganyi, Managing Director of the Freda Rebecca Gold Mine, as President of the Chamber of Mines of Zimbabwe.
fastjet Zimbabwe, the planned new low-cost airline, welcomed hundreds of Zimbabwean job-seekers at its first official recruitment drive on Sunday, 17 May 2015 at the Rainbow Towers Hotel in Harare.
SADC’s Project Preparation and Development Facility (PPDF), managed by the Development Bank of Southern Africa (DBSA), has approved its first allocation of preparation funding.
Zimbabwe’s leading mobile network operator develops innovative mobile service to improve the security and convenience of traditional savings groups
AgriMinco Corp. has announced that the Company and Premier African Minerals Limited an AIM-listed, multi-commodity resource and development company have agreed to the terms of an unsecured loan facility of up to USD$250,000
Liquid Telecom has already laid fibre rings around Victoria Falls which provide multiple routes of redundancy.
Steward Bank has launched the first MasterCard World Rewards Credit and Debitcards, giving cosmopolitan customers access to unique privileges and rewards not seen before in Zimbabwe.
fastjet, as part of its plans to grow its footprint in Sub- Saharan Africa, it has received an Air Service Permit (ASP) from the Ministry of Transport and Infrastructural Development of the Government of Zimbabwe responsible for administering the Civil Aviation Authority of Zimbabwe (CAAZ)
Angolan mobile operator Unitel is planning to expand its activities in the countries of the Southern African Development Community (SADC), announced its chairman, Isabel dos Santos.
Patrick Chella is Co-Founder of Realty Africa, a platform for property crowd funding for sound investment ideas in Africa. With fifteen years’ experience working in Private Equity, Hedge Fund Services and the Banking sector, eight of those years with NIBC Bank, Netherlands, he founded Realty Africa as an innovative approach to property investment opportunities in Africa.
iWayAfrica Zimbabwe has been awarded its Cisco Select Certified Partner status. Achieving this status certifies that iWayAfrica Zimbabwe has demonstrated the technical ability and product knowledge necessary to sell, install and support Cisco solutions. In addition, iWayAfrica Zimbabwe has also met the requirements for small and midsized business specialisation.
MasterCard has announced a partnership with Steward Bank, Zimbabwe’s most innovative bank, which will make remittance services available to the bank’s more than 1.5 million accountholders. For the first time, the bank’s customers will be able to receive funds sent by family and friends abroad directly into their Steward Bank accounts.
The Sub-Saharan Regional Pipeline Corporation, Ltd. (SSRPC) recently selected Louis Berger to provide $7.6 million in consultancy services for the rehabilitation of National Road N303 in Mozambique. SSRPC is investing $350 million to transform an approximately 350-kilometer-long narrow and unpaved carriageway into a modern road that crosses the Tete province and ends at the Zambezi River, where Mozambique, Zambia and Zimbabwe have a common border.
Powertel has announced that it will commence mobile network services in the new year.
iWayAfrica, a leading ISP in Zimbabwe, and part of the Gondwana Group of ISPs, is first to offer managed, global bandwidth as a service to corporate customers. The cloud-based service is enabled by DiViNetworks – the leading provider of software-centric network solutions, serving over 150 ISPs in 50 countries.
ZESA Holdings, through its subsidiary PowerTel, has successfully commissioned its billing system while efforts are underway to upgrade the network linking Harare-Mutare and Harare-Plumtree, a company official told The Herald Business.
Liquid Telecom has unveiled its progress in laying Fibre To The Home over which it is providing homes and small businesses with unlimited data packages and 100Mbps, the fastest broadband ever available in Africa.
The DHL “Africa As One” campaign for the build up to the 2015 Rugby World Cup continued through Zimbabwe yesterday when it held coaching clinics at St Georges College.
An official UK Trade Mission is set to arrive in Zimbabwe this Tuesday. This is the first such mission to Zimbabwe in many years. The theme of the mission ...
The Governing Board of the International Crops Research Institute for the Semi-Arid Tropics (ICRISAT) has today made a decision to boost its research in ...
China's telecommunications firm Huawei will host a public information and communications technology (ICT) forum in Harare in collaboration with the government ...