STANBIC Bank Zimbabwe is committed to supporting the tourism sector by offering a variety of products that contribute to its growth, the financial institution has said. The leading financial services…
Nedbank Group has agreed to pay Transnet R600 million ($34.8 million) in a confidential commercial settlement, ending a year-long legal dispute over interest-rate swaps. The settlement, made without any admission…
AUTHORITIES say the ongoing construction boom has nearly tripled cement demand since 2017, triggering acute nationwide shortages.Advertisements The cement supply tightened in recent weeks, with major domestic producers grappling with widespread clinker shortages and unexpected plant failures that have constrained output. The Ministry of Industry yesterday reported that the demand for cement had nearly tripled…
THE Consumer Protection Commission (CPC) is investigating bottled-water manufacturers to ensure strict compliance with safety standards amid a surge of bogus companies.Advertisements This comes as the country continues to witness a surge in bogus companies bottling and distributing water without proper certification. It also comes as the CPC says it has prosecuted close to 2…
THE Consumer Council of Zimbabwe (CCZ) is preparing to launch a mobile phone-based platform that will allow shoppers to verify product authenticity instantly, an important step in tackling counterfeit and substandard goods.Advertisements Zimbabwe has recorded a surge in fake products, ranging from food and beverages to household items, many of which are illegally imported or…
UNIFREIGHT Africa (Unifreight) says its revenue for the year is on course to hit record levels after posting a 19 percent increase in the third quarter ended September 30, 2025, on solid performance from new business units.Advertisements The establishment of two new strategic business units (the 4PL logistics brokerage and a dedicated Cross-Border transport division)…
THE Competition and Tariff Commission (CTC) is finalising a safeguard investigation into rising imports of toothpaste after a local manufacturer complained last year, a senior official has said.Advertisements Assistant director for tariffs, Cicilia Mashava, said the probe began after Merken, a domestic producer of Merken-branded toothpaste, sought protection from growing import volumes. “On the toothpaste…
…urges construction sector to innovateAdvertisements THE Zimbabwe Building Contractors Association (ZBCA) president, Tinashe Manzungu, has challenged the construction sector to evolve or risk being left behind. Speaking during the launch of the ZBCA Academy in Nyanga recently, Manzungu said the survival of the construction sector hinges on quickly adapting to the existing fluid operating environment. “Innovation…
KUVIMBA Mining House (KMH) says it has secured strategic partners to fund a US$270 million lithium processing plant at its Sandawana Mines in Mberengwa, which will be executed under a build, operate and transfer arrangement.Advertisements KMH, a subsidiary of Mutapa Investment Fund, Zimbabwe’s sovereign wealth fund, however, did not disclose the investors, stressing that the…
THATON Properties executive chairman, Benson Nyaumwe, says the knowledge and expertise of Zimbabweans in the Diaspora are crucial in the transformation of the country. Nyaumwe — the first African to build the first Radisson Blu hotel in Africa, in South Africa, in 2006 —is leading a new project, 2267 Lifestyle Estate, which recently scooped three…
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