Leading truck manufacturer UD Trucks is back with a bang in the commuter transport industry following the introduction of the all-new UD Croner Bus. Exclusively available from Croco Commercial, the…
The versatile, rugged, and yet classy Mahindra Karoo S11 has arrived in Zimbabwe with the promise of an exhilarating driving experience paired with exceptional capabilities that make it a dominant…
KHAYAH Cement, formerly Lafarge Cement, commissioned a new Vertical Cement Mill (VCM) at its Manresa plant. The mill is set to boost the company’s milling capacity, while also reducing production costs. Our Features Editor Emmerson Njanjamangezi (EN) sat down with the company’s chief executive, Innocent Chikwata (IC), to understand how the VCM was put together.…
FOLLOWING a taxing first half of 2023, marked by high currency volatility and brutal power cuts, business is cautiously optimistic that the second half of the year will be much better. In this regard, captains of commerce and industry who spoke to The Financial Gazette this week implored authorities to fortify their current policies, to…
AT LEAST 64 golfers from Masvingo, Harare, and Bulawayo battled it out at the Croco Motors Golf Day held at Hippo Valley Golf Club in Chiredzi over the weekend. The Croco Motors Golf Day, which is mainly organised for its clients, returned to the local golfing scene this year after a long break occasioned by…
Croco Ford Zimbabwe attracted huge traffic to its Ford ‘Show and Tell’ event over the weekend in a bid to market the latest Next Gen Ford Ranger and Everest among other vehicles. The event was held at Croco Commercial Newlands Branch. The ‘Show and Tell’ event gave customers and the general public an opportunity to glean…
KHAYAH Cement (Khayah) says it has expended US$25 million over three years to construct its new vertical mill plant. Augmented by the adoption of new technologies increasing efficiencies, the new plant is set to raise the company’s cement production capacity from 350 000 to 1,05 million tonnes per annum against an average national demand of…
THE current Zimbabwe dollar liquidity squeeze will continue for a while longer as authorities strive to further stabilise the local currency and inflation, the Reserve Bank of Zimbabwe (RBZ) has confirmed. RBZ governor John Mangudya told The Financial Gazette — the country’s number one business publication — yesterday that the liquidity squeeze was one of…
WHILE the Zimbabwean economy grew by 6,5 percent last year as confirmed by the latest ZimStat figures, economic analysts say the growth has not cascaded down to the ordinary person. The country’s GDP continues to increase each year, despite the adverse impacts of the Covid-19 pandemic, the debilitating economic sanctions, and global supply chain disruptions…
FREDA Rebecca Gold Mine’s (Freda) managing director, Patrick Maseva-Shayawabaya, says Kuvimba Mining House (KMH) has expended US$25 million towards re-capitalisation of the mine since it took over operation in 2020. The government owns 65 percent of KMH, which has three bullion-producing assets under its wings – Freda Rebecca, Shamva Gold Mine, and Jena Mines. Shayawabaya…
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