14.9 C
Harare, ZW
Monday, November 12, 2018

Vandalism, theft cost Zesa $20million

The Chronicle Whinsley Masara, Business ReporterTHE country’s power utility, Zesa, has to date lost transformers worth about $20 million and hundreds of copper cable rods...

Metbank mulls pre-business set-up facility

The Chronicle Oliver Kazunga, Senior Business ReporterONE of Zimbabwe’s commercial banks, Metbank, plans to set up a pre-business set-up facility to fund small-scale miners’ operations...

Inflation increases

The Chronicle Oliver Kazunga, Senior Business ReporterZIMBABWE’S year-on-year inflation rose to 5,39 percent last month from 4,83 percent in August largely triggered by the parallel...

Minister refutes allegations on RBZ

The Chronicle Oliver Kazunga, Senior Business ReporterFINANCE and Economic Development Minister Professor Mthuli Ncube has refuted allegations that the Reserve Bank of Zimbabwe (RBZ) is...

Urban councils’ $2,3bn infrastructure gap

The Chronicle Oliver Kazunga, Senior Business ReporterLOCAL authorities in Zimbabwe need a total investment of $2,3 billion for water and sanitation infrastructural development so as...

Banks maintain solid footing: RBZ

The Chronicle Business ReporterTHE banking sector continues to operate on a sound footing premised on adequate capitalisation and improved performance despite persistent negative macro-economic indicators,...

Bulawayo residents to pay more in 2019

The Chronicle Oliver Kazunga, Senior Business ReporterBULAWAYO residents should brace for a spike in rates after the city council revealed plans to increase next year’s...

Sable Chemicals pleads for Govt support

The Chronicle Midlands CorrespondentSOLE Ammonium Nitrate (AN) fertiliser producer, Sable Chemicals, has appealed for Government support in securing foreign currency to beef up production and...

HCCL remains in red zone. . . Reports $23 million half year loss

The Chronicle Business ReporterHWANGE Colliery Company Limited (HCCL) reported a $23 million loss in the half year period ended June 30, 2018 compared to $24,5...
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