Business

Work to resolve a crippling power shortage on East and Central Africa’s only electric standard gauge railway may soon start in earnest following the signing of a $1.8bn (£1.4bn) deal between China and Ethiopia.
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Listed technology solutions firm, Cassava Smartech Zimbabwe, yesterday launched the Vaya logistics unit, an additional entity that deals with delivery trucks and van services under its Vaya division.
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Vice President Constantino Chiwenga has lashed out at corporates that are dipping their hands in underhand parallel market exchange dealings and equated such behaviour to “financial terrorism”.
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Finance and Economic Development Minister, Professor Mthuli Ncube, says the wave of price increases being experienced on the market and the wild parallel market exchange rates have no economic justification claiming that Government has…
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A South African investor, Imran Valley lost assets worth $650 000 to his Zimbabwean business manager Azeem Hassim, who reportedly used fake documents to register a grocery retail and wholesale business, Pickday Investments (Pvt) Ltd, in his…
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Zimbabwe was proceeding with the compensation of former commercial farmers who were displaced during the country's agrarian report despite growing criticism against the policy, President Emmerson Mnangagwa said last week, highlighting that…
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China’s Tsingshan Holding Group has expanded its plans for a steel plant in Zimbabwe to include a power plant and a lithium concession, Zimbabwe’s Mines Minister Winston Chitando said on Tuesday.
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The Postal and Telecommunications Regulatory Authority of Zimbabwe (POTRAZ) has dismissed reports that Zimbabwe has the most expensive internet charges in Africa.
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Zimbabwean billionaire Strive Masiyiwa plans to list part of his Botswana telecoms operator Mascom by October this year, he said on Tuesday, in what he expects to be one of the biggest flotations on the Gaborone bourse.
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The Zimbabwe Revenue Authority (Zimra) has lifted its garnishee order on Ziscosteel following Government intervention, bringing relief to former workers who were failing to get their outstanding salaries.
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