TELECOMS companies in the country have seen their profits rise by 88,82 percent.This big rise is due to serious improvements in their infrastructure, which means better connections and service for everyone, letting the companies keep up with what customers want.Revenue climbed to ZiG6,42 billion from ZiG3,40 billion.In a report on how the sector performed in…
ZIMBABWE is not developing irrigation as quickly as planned, with only 217 000 hectares of land having working systems, far less than the target of 496 000 hectares.Commenting on the findings of the second crop, livestock and fisheries assessment report (CLAFA), the Minister of Agriculture, Anxious Masuka, said the government needs to offer more incentives…
Schweppes Holdings Africa has appointed Stanley Muchenje as managing director effective May 1, 2025 following the retirement of Charles Msipa from the position after nearly two decades at the helm of the beverage maker.Muchenje joins Schweppes from African Distillers where he was managing director since 2021.“The board, management and staff of Schweppes Holdings Africa extend…
ZIMBABWE and Mozambique are joining forces to end power outages by enhancing cooperation in energy generation and petroleum production. The two countries yesterday signed a Memorandum of Understanding (MoU) on energy cooperation, aimed at promoting economic growth through the use of natural resources. According to the MoU that was signed by Zimbabwe’s minister of Energy…
The Q5 is an Audi best seller around the world and there’s good reason for that state of affairs as this model in its various iterations has provided an enticing blend of practicality, luxury and performance. But time has not stood still for what is now a rather mature design – this is a second…
By Eddie Cross I WAS once a very vocal opponent of Ian Smith and his government in the years leading up to our Independence in 1980. The reasons were quite simple, how could a tiny, and shrinking white minority, really think they could continue to dominate the country. We had to do a deal, and…
ZIMBABWE’s mining sector is taking power into its own hands, literally. Faced with an unreliable national grid, companies like Zimplats, Caledonia, and RioZim are investing heavily in off-grid solutions, mostly solar energy, to keep operations running. This shift promises major benefits but also comes with risks that must be carefully managed. The gains are clear.…
AMID Zimbabwe’s rising digitalisation, as technological advances continue to change the world, experts say cybercrime is becoming a major issue for local business. Speaking to The Financial Gazette — the country’s number one business publication and prime voice for industry and commerce — the experts sounded the alarm this week, saying the surge in online…
THE Victoria Falls rainforest had 61 139 visitors during the first quarter of 2025, up from 59 718 during the same period last year, Zimparks said in a statement this week. This surge is largely attributed to a rise in international tourism, with arrivals reaching 47 633, an increase from 44 110 in 2024. “Key…
THE People’s Own Savings Bank (POSB) has ventured into insurance, partnering Zimnat General Insurance (Zimnat) to provide an extensive range of bancassurance services, as part of its revenue diversification strategy. Bancassurance is a partnership between a bank and an insurance company, where the bank distributes insurance products to its customers. This collaboration allows POSB to…
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