Business

The government of Panama awarded Tuesday a Chinese consortium a $1.4 billion contract to build a bridge over the Panama Canal, a day after a visit by President Xi Jinping.

Diversified Industrial group, Innscor Africa Limited says gross profit margins during the first quarter of the 2019 financial year remained under pressure due to foreign currency and inflationary pressures, resulting in cost increases for both local and imported materials.

Cassava Smartech banking unit, Steward Bank and Ecocash yesterday launched a platform where Econet mobile network subscribers will be able to open bank accounts through cell phones in a minute.

President Emmerson Mnangagwa says Zimbabwe requires massive foreign direct investment to achieve its transformation agenda that will see the country achieving a middle-income status by 2030.

TotalMedia UM has elevated Nobuntu Ndlovu to the newly created role of chief media officer (CMO) with immediate effect.Ndlovu has been with TotalMedia UM, a subsidiary of Dicomm Holdings group, since 2017, where she served as the head of Paid Media.