Business

ZIMBABWE’S hard-pressed industries have urged the government and other stakeholders in the information and communication technology sector to set up reliable infrastructure required for the country to boost economic growth.

Emporium Real Estate & Land Development is a profound Zimbabwean Company specialising in all buying and selling of infrastructure, survey consultancy, land development and construction.

Diaspora remittances play a key role in Zimbabwe’s economic growth and sustainable development. Among other things, the remittances sent by migrants to their families support start‑ups, small‑scale enterprises in addition to boosting…

Money sent by people living outside their countries of origin accounts for the largest foreign exchange inflow for many nations, indicating the huge importance remittances have assumed as a factor of economic development.

In 2019, remittances reached a record high of $554 billion, overtaking foreign direct investment (FDI) flows to low- and middle-income countries (LMICs).

ZIMBABWE must mobilise domestic resources to clear its external debt and revive the country’s waning economy, a former cabinet minister has said.

ZIMBABWEAN companies and consumers are facing severe pressure from rising cost of living as well as effects of the coronavirus pandemic, analysts have warned.

THE cost of living in Zimbabwe continues to rise, putting severe pressure both consumers and businesses.

Zimbabwe risks being left behind in the digital era which has been accelerated by the Covid-19 pandemic as local mobile network operators (MNOs) continue to charge sub-economic tariffs amid sharply rising operating costs.

Victoria Falls is the hottest tourist destination in southern Africa, and we’re not just talking about the weather. It’s an all-in-one destination that ticks all the boxes for every type of traveller, from adrenalin junkies to those who…

ZIMBABWE should use the opportunity presented by the Covid-19 pandemic to use information and communication technologies (ICTs) to drive economic growth, experts have said.

STANBIC Bank (Stanbic) has completed the distribution of US$200 000 worth of Personal Protective Equipment (PPEs) to six major health institutions throughout the country over the last week.

Govt must avail US$100m for business BUSINESS WRITERPRESIDENT Emmerson Mnangagwa’s government should inject an additional US$100 million stimulus package to industry, an academic has said.

AS THE country is battling to deal with the coronavirus (Covid-19) pandemic, government has been using various ways to disseminate information and deal with the scourge.

MESSINA Investments, an investment vehicle controlled by British born multimillionaire Nicholas van Hoogstraten, has revived its demand for the reversal of the disposal of large swathes of prime land by CFI Holdings five years ago.

Given the cost burdens that have come with the Covid-19 pandemic, individuals and institutions are looking at ways to minimise costs while at the same time utilising every possible time to deliver on their mandates, whether socially or…

AUSTRALIAN Stock-Exchange-listed lithium and battery minerals company, Prospect Resources says the outbreak of the Covid-19 pandemic had slowed down talks with the African Export-Import Bank (Afreximbank) to raise and manage a US$143…

PRESIDENT Emmerson Mnangagwa’s administration has been urged to involve citizens in the preparation of national budgets to ensure transparency and accountability.

LISTED agricultural implements manufacturer Zimplow Holdings (Zimplow) is planning to become a blue-chip counter with an increased market share in the country.

TOURISM minister Mangaliso Ndlovu says Zimbabwe will soon be utilising a tourism satellite account system to capture all income contributions in the sector.

LEADING financial services institution, Stanbic Bank Zimbabwe, has put its shoulder on the wheel in the fight against Covid-19 by pledging an assortment of the much-needed equipment worth US$200 000.

ZIMBABWE should come up with new policies to ensure that the country is self-sufficient in the wake of the coronavirus pandemic, which has seen several countries shutting down their borders to control the virus, analysts have said.

A RUSSIAN fertiliser manufacturing company, Ecorost Company, is set to construct an organic fertiliser manufacturing plant in Mutare, which will see the introduction of new technology into the country’s agriculture sector.

A LOCAL mobile company Astro Group has launched a new electronic financial transaction platform, E-Shagi, aimed at easing the public’s way of accessing financial services through digital means.

BancABC Zimbabwe has responded to the 21-day coronavirus (Covid-19) lockdown by launching a virtual branch which allows customers to conduct all banking transactions through video and telephone.