Dubai-based Albwardy Investments which bought Zimbabwe’s Meikles Hotel for US$20 million three years ago and vowed…
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.
Tobacco farmers to get unpaid dues
Tobacco farmers owed by merchants for the crop delivered last season will receive their balances by…
Strong start to tobacco selling season
The 2023 tobacco selling season officially opened yesterday with the Government calling for transparency among actors…
ZSE market turnover more than doubles
Monthly turnover for February on the Zimbabwe Stock Exchange more than doubled to $24 billion from…
Zim raw milk output bubbles
Zimbabwe’s raw milk production increased by 10,13 percent in January 2023 to 8,14 million litres compared…
SA supermarkets spend US$1bn on diesel for power
During the latter part of 2022, the country’s two largest supermarket groups – Shoprite and Pick…
Stocks tumble, yields climb on Fed rate hike jitters
Asian equities tumbled, Treasury yields pushed higher and the dollar extended gains as hawkish rhetoric from…
Fastjet receives new aircraft for domestic flights
Fastjet receives new aircraft for domestic flights. The Embraer 120 aircraft will be used to operate…
Fresh details on BancABC boss drama resignation
Fresh details on BancABC boss drama resignation. Former BancABC Zimbabwe managing director Lance Mambondiani allegedly violated…
ZESA increases electricity tariffs with immediate effective
ZESA increases electricity tariffs with immediate effective. The Zimbabwe Electricity Transmission and Distribution Company (ZETDC) has…