Business

Gweru, one of Zimbabwe’s heavy industrial hubs continues with its tailspin after the Bata Shoe Company retrenched 106 workers this past week on Monday. Except for Bata, most of Gweru’s industrial area is now a ghost town with large…
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Zimbabweans have been urged to brace for massive load-shedding following the decrease of water levels at Kariba Dam and the obsoleteness of three thermal power stations in Harare, Bulawayo and Munyati.
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A local company, Eagle Italian Shoes and Leather Private Limited has sued EcoBank Zimbabwe for US$7 152 206.38 after it allegedly placed an order to withhold the company's funds in its bank without a court order.
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President Emmerson Mnangagwa on Monday broke ground at the US$100 million Millennium Park development in Borrowdale West signaling the construction of the premium luxury 86-unit block of apartments named ED Block during a well-attended…
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Econet Wireless will be rolling out 5G network in some parts of Masvingo next year, the corporation's Masvingo Regional General Manager Kudzai Mauwa has said.
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Starlink, a satellite internet constellation operated by American aerospace company SpaceX, providing coverage to over 60 countries, is yet to pay an application fee to operate in Zimbabwe, Information Communication Technology and Courier…
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Cotton Company of Zimbabwe (Cottco) employees say they have gone five months without receiving a cent in salaries from the troubled parastatal.
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Air Zimbabwe has announced the appointment of aviation expert Edmund Makona to the post of Chief Executive Officer (CEO) with effect from 1 November 2023.
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The government’s plans to upgrade units 1 to 6 at Hwange Power Station will add an additional 350 megawatts of power, a move expected to help alleviate current electricity supply challenges, Energy and Power Development permanent secretary,…
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A Spar Zimbabwe administrator connived with an unemployed man to defraud his employer of ZWL$599 million after he opened an account in which he deposited funds from the Spar Customer Rewards Card facility and used it to buy groceries for…
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