ZB secures US$12 million line of credit for infrastructure development

ZB Financial Holdings (ZBFH) has secured a US$12 million credit line from Shelter Afrique to accelerate housing and infrastructure development across Zimbabwe. The facility, disbursed through the group’s banking subsidiary ZB Bank, is earmarked to address the country’s growing housing deficit. The diversified financial institution said the partnership with Shelter Afrique is a milestone in…

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Mutapa targets governance reform

THE Mutapa Investment Fund (MIF) says it is implementing systems to strengthen institutional accountability and transparency at the country’s distressed State-Owned Enterprises (SOEs). Appearing before the Parliamentary Accounts Committee, MIF chief executive John Mangudya pledged to end the era of chronic underperformance and fiscal mismanagement within the sector. He noted that the fund is moving…

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ZTA seeks Parliament’s tourism policy alignment

THE Zimbabwe Tourism Authority is seeking Parliament’s support to harmonise tourism legislation and streamline regulatory frameworks to enhance competitiveness. Appearing before the parliamentary portfolio committee on the Tourism and Hospitality Industry yesterday, the chief executive officer of ZTA, George Manyaya, implored legislators to actively promote tourism as a key economic game changer capable of driving…

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Aura Tech curbing illegal Starlink sales

ZIMBABWE-authorised Starlink reseller, Aura Technologies, has implored government collaboration to tackle the growing illegal sale of satellite kits. The call comes as Aura Group transitions to Aura Technologies, a move aimed at repositioning the business as a technology-led organisation offering integrated connectivity and digital solutions. Speaking on the sidelines of the Infinity Connect package launch…

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Government to set products minimum standards

THE government is set to introduce compulsory minimum standards for critical products and encourage the adoption of AI-driven manufacturing systems to boost industrial productivity and strengthen the country’s competitiveness in local and international markets. Speaking in Victoria Falls over the weekend during Zimbabwe’s CEO Roundtable, the Minister of Industry, Mangaliso Ndhlovu, said his ministry was…

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Private sector key to AI strategy: Mavetera

THE private sector must collaborate with the government to ensure the smooth implementation of the newly-launched National AI Strategy. Launched recently by President Emmerson Mnangagwa, the strategy is designed to ensure that AI technologies are universally accessible and reflect the nation’s commitment to the fourth industrial revolution. Speaking at the CEO Africa Roundtable Policy Dialogue…

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