BUSINESS NEWS

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), …

The cotton sector benefited more than 270 000 farmers during the 2022/23 season while 600 000 people benefited indirectly, buttressing its strategic importance towards the attainment of an upper middle-class …