finance

Telecel courts new investors

TELECEL Zimbabwe has invited interested investors to bid for a stake in the company as it seeks fresh capital injection to bolster operations and return to profitability.Advertisements The country’s third-largest mobile network operator went into corporate rescue in October 2025 due to unsustainable debts. Prospective investors have until April 28, 2026, to place their bids,…

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Murambadoro appointed Nedbank MD

NEDBANK Zimbabwe has announced the appointment of Betty Murambadoro as managing director, replacing Sibongile Moyo, who stepped down in January.Advertisements The financial institution said Murambadoro is a seasoned banking executive with extensive experience in senior leadership roles spanning corporate banking, investment banking, and client coverage within the mining sector. She brings a strong track record…

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RBZ reassures investors on rate stability

THE Reserve Bank of Zimbabwe (RBZ) has reassured investors that exchange rate instability is being addressed, as authorities intensify efforts to attract impact-driven capital.Advertisements Speaking at an investment forum in Bulawayo yesterday, RBZ deputy governor Innocent Matshe said exchange rate stability remained central to building investor confidence and unlocking long-term capital. “No investor, impact-oriented or…

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State outlines rural industrialisation master plan

THE government is drafting a national land master plan to reshape land use, drive rural industrialisation, and promote provincial economic specialisation.Advertisements Speaking at the 2026 Rural Industrialisation and Economic Empowerment Indaba during the Zimbabwe International Trade Fair (ZITF) in Bulawayo yesterday, the minister of Lands, Vangelis Haritatos, said the plan would be anchored in a…

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Etihad lifts Zimbabwe trade, tourism

THE entry of Etihad Airways, the national airline of the United Arab Emirates, into the domestic aviation market has given the country a major boost on many fronts.Advertisements Experts said yesterday that the move would significantly enhance Harare’s air connectivity with the rest of the world, increase competition among airlines serving the country and further…

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WhatsApp joins Instagram in selling new premium subscriptions

WhatsApp is selling a new premium subscription that includes more custom features, part of a broader effort by parent company Meta Platforms to build a revenue stream that can complement its core advertising business.Advertisements “WhatsApp is testing a new, optional subscription called WhatsApp Plus, designed for users who want more ways to organise and personalise…

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