The Federal Executive Council (FEC) has approved a proposal for the State oil company, NNPC Ltd,…
Category: BUSINESS NEWS
The latest ZiMetro Business News: breaking personal finance, company, financial and economic news, plus insight and analysis into Zimbabwe and global markets.
Government Begins Expansion of Hwange Power Station with New Units to Boost Base Load Capacity
The Government has commenced preparatory work for adding two more units to the Hwange Power Station…
Zimbabwe’s Tourism Sector Experiences Record Growth, Soaring 83% in the First Half of the Year
Victoria Falls, Zimbabwe – Zimbabwe’s tourism industry is soaring, with visitor numbers skyrocketing by a staggering…
Delta Corporation Eyes Growth After US$71 Million Investment
Zimbabwean beverage giant, Delta Corporation, is anticipating substantial volume growth in the current financial year, fueled…
RBZ Injects $50m to Ease Import Pressures
The Reserve Bank of Zimbabwe (RBZ) is set to inject US$50 million into the interbank foreign…
Zimbabwe’s Small Businesses Lack Insurance Protection
A mere four percent of Zimbabwe’s micro, small, and medium-sized enterprises (MSMEs) have business insurance, according…
Khayah Cement to Invest US$20 Million in Kiln Plant Refurbishment to Boost Production
Khayah Cement, Zimbabwe’s second-largest cement producer, is set to begin a US$20 million refurbishment of its…
Zimbabwe’s Raw Milk Production Surges by 20% Despite Drought Challenges
Zimbabwe saw a notable rise in raw milk production, with a 20 percent increase to 55.11…
Finance Minister Ncube Projects Strong Economic Growth with Introduction of ZiG
Inflation is expected to stay low for the rest of the year due to strict financial…
ZiG Stabilisation Key Focus of 2024 Mid-Term Fiscal Policy
Zimbabwe is gradually moving away from using the US dollar, aiming to strengthen its own currency,…