BUSINESS NEWS

Climate change increasing the bitterness and cost of coffee As climate change parches the world’s major growing regions, the future coffee drink appears to be bitter and expensive for those …

Cottco fires its “new” CEO after three months After Prisca Mutembwa’s three-month probationary period ended, Cottco terminated her contract, according to people familiar with the situation. It is said that …

Large-scale snail farming a hit in Ivory Coast Côte d’Ivoire | Giant snails, which may weigh up to 500 grammes, reach a length of 10 centimetres, and are highly valued …

Zimbabwe, Portugal consolidate ties Zimbabwe and Portugal enjoy excellent bilateral relations which both countries continue to nurture through cooperation in many fields, outgoing Portuguese Ambassador to Zimbabwe Miguel De Calheiros …

Harare | The government remains seized with the implementation of aggressive measures to protect the value of the local currency and ensure inflation remains at acceptable levels, a senior official …

Harare | LEVA Hotels & Residences, a global hospitality and real estate firm, is expanding into Africa by building a housing project in Newlands, Zimbabwe’s low-density suburb, as well as …

Harare | According to the Zimbabwe Revenue Authority (Zimra), tax clearing certificates (ITF263) will be available to compliant taxpayers exclusively through the newly implemented Tax and Revenue Management System (TaRMS) …

Harare | The statement by the Reserve Bank of Zimbabwe (RBZ) on the acquisition of Standard Chartered Bank by FBC Holdings: The Bank wishes to advise the banking public that …

Harare | Afreximbank has granted property developer Exodus & Company a US$141 million credit to develop land for residential and commercial developments. The agreement was inked on Saturday at the …

Eddie Cross, an economist and biographer for President Emmerson Mnangagwa, stated that the Reserve Bank of Zimbabwe’s (RBZ) “gold-backed tokens” are “a currency without any real support.” Zimbabwean Gold (ZiG), …