AUTHORITIES are coming under growing pressure to implement new measures that will lift Zimbabwe’s manufacturing capacity — to stem the dumping of sub-standard goods in the country, including poor quality …
finance
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A CHINESE firm, Wuhu Volibear New Energy Company (Wuhu), says it is exploring the Zimbabwean market with a view to partner a local dealership in the manufacturing of electric cars. …
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LISTED mining company RioZim Limited (RioZim) has won a Supreme Court appeal barring an army-owned firm, Rusununguko Nkululeko (Private) Limited (Rusununguko) from grabbing its Darwendale chrome mine after declaring the …
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ZIMBABWE’S Deposit Protection Corporation (DPC) says it has regained control of closed Interfin Bank (Interfin) after a tussle with businessman Jayesh Shah’s Al Shams Global (Al Shams). This comes as …
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International News
Nissan warns on its UK future without a Brexit deal
by Omega Ukamaby Omega UkamaWith a Brexit deadline just days away, Britain’s biggest car plant “will not be sustainable” if there is no deal, Nissan has warned. The company employs 7,000 workers at its …
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THE local banking sector plays a key role in creating an environment for a dependable foreign currency exchange system to avoid currency fluctuations, encourage investment, contain inflation and circumvent devaluation …
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THE Zimbabwe Anti-Corruption Commission (Zacc) says there are ongoing changes to the country’s legal system aimed at speeding-up prosecutions in graft cases. John Makamure, Zacc’s spokesperson said the anti-graft body …
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THE rally in global equities extended Tuesday, a day after Pfizer said its late-stage trial of its Covid-19 vaccine had shown promising results, but caution over the depth of the …
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Companies & Markets
Zamco to offload Starafrica shareholding by year-end
by Omega Ukamaby Omega UkamaTHE Zimbabwe Asset Management Corporation (Zamco) is planning to dispose of its 57,4 percent stake in Starafrica Corporation (Starafrica) before the end of the year, it has been learnt. Zamco …
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ZIMRE Holdings (Zimre)’s shares gained 17 percent on the Zimbabwe Stock Exchange (ZSE) in October – against a market-wide loss of 9,74 percent – as the group completed its take-over …
