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NRZ offloads contract workers

BULAWAYO – Financially-troubled National Railways of Zimbabwe (NRZ) has reportedly decided to offload all contract employees, as the parastatal seeks to slash…

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Insurance thresholds too high: ICZ

HARARE – The Insurance Council of Zimbabwe (ICZ) says proposed capital levels for insurance companies by the Insurance and Pensions Commission (Ipec)…

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Management changes at TPH

HARARE – Zimplow chief executive officer Zondi Kumwenda has taken over reigns at Tractive Power Holdings (TPH) as group chief executive following…

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EcoCash transactions reach $300m

HARARE – The country’s largest mobile money transfer by registered users, EcoCash, has transacted over $300 million since its inception last year,…

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Econet in record $78m profit

HARARE – Zimbabwe’s biggest telecommunications firm Econet Wireless reported a 6,8 percent surge in half-year earnings to $78 million, driven by subscriber…

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KLM, Lam resume Zim flights

HARARE – KLM Royal Dutch Airlines (KLM) and Mozambique Airlines (Lam) are next week set to resume flights to Harare, bringing increased…

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‘Capacitate local industry’

HARARE – Local industry players say the economy requires extensive capital inflows to underpin nationwide recapitalisation and position the economy on a…

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