December 2024

New industrialisation plan tackles informalisation

THE recently launched Zimbabwe Industrial Reconstruction and Growth Plan (ZIRGP) aims to address the high levels of market informalisation that have been adversely impacting government revenues and formal businesses. (more…)

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December 19, 2024

Opinions

Enhancing precision in auditing processes

AS the audit landscape in Zimbabwe continues to evolve, the integration of artificial intelligence (AI) is fundamentally transforming traditional practices and redefining how auditors approach their work.…

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December 19, 2024

Tech

Alibaba to record $1.3bn loss in sale of intime stores

Alibaba Group Holding has agreed to sell its Intime department store business to Youngor Fashion Co for around $1 billion in a move to offload non-core assets. The 7.4 billion yuan deal announced on Tuesday, which confirmed an earlier Bloomberg News report, will see the Chinese ecommerce giant record a…

0 COMMENT
December 19, 2024

Top Stories

‘Banks should look beyond revaluations for growth’

ZIMBABWE’S banking sector has shown remarkable resilience amid economic challenges, but experts are urging financial institutions to diversify their revenue streams to ensure long-term sustainability. (more…)

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December 19, 2024

Top Stories

ZiG164mln now in circulation – RBZ

ZIMBABWE now has ZiG164 million in notes and coins in circulation as of November 22, 2024, according to the Reserve Bank of Zimbabwe (RBZ). (more…)

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December 19, 2024

Top Stories

Government mulls incentives for intermediate manufacturing sector

Prisca Tshuma Staff Writer PLANS to incentivise the intermediate manufacturing sector as part of efforts to address Zimbabwe’s economic challenges and stimulate industrial growth are in the pipeline, the government has said. (more…)

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December 19, 2024

Companies & Markets

Kuvimba names Barnard as substantive CEO

KUVIMBA Mining House (KMH) has appointed Trevor Barnard as its substantive chief executive with effect from December 1, 2024 after holding the post in an acting capacity since May this year, taking over from Simba Chinyemba. (more…)

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December 19, 2024

National Report

Women Bank to fund 10K projects by ’25

Prisca Tshuma Staff Writer THE Zimbabwe Women’s Microfinance Bank (ZWMB) has set an ambitious target to fund and support at least 10 000 projects across the country by end of next year as part of its women empowerment initiative. (more…)

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December 19, 2024

Top Stories

Construction industry poised for growth

PLAYERS in Zimbabwe’s construction industry are optimistic about sustained infrastructure development in 2025, as the sector continues to play a pivotal role in driving economic growth. (more…)

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December 19, 2024

Companies & Markets

WestProp’s brick plant to open in Q1 of 2025

Prisca Tshuma Staff Writer WEST Properties Holdings (WestProp) is set to open its new brick manufacturing plant in the first quarter of 2025 in a bid to address the current brick shortage and reduce operational costs. (more…)

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December 19, 2024

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