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Wednesday, December 12, 2018

Miners to retain 55% export earnings

The Chronicle Oliver Kazunga, Senior Business ReporterTHE Reserve Bank of Zimbabwe (RBZ) has agreed to increase large scale miners’ retention of foreign currency from mineral...

$25million for Mqabuko Plaza

The Chronicle Kiyapili Sibanda, Business CorrespondentPLANS are underway for the construction of a $25 million shopping mall in Bulawayo to be named after the late...

Dendairy seeks to double production

The Chronicle Michael Magoronga, Midlands CorrespondentKWEKWE based milk processor, Dendairy, has embarked on an expansion drive as the company pursues 100 percent increase in production...

Econet posts stellar $600m HY revenue

The Chronicle Business EditorECONET Wireless Zimbabwe Limited (EWZL) has announced a $600 million half-year revenue to August 31, 2018, up from $353 million in the...

Bonded warehouse facility for firms

The Chronicle Oliver Kazunga/Prosper Ndlovu, Business ReportersGOVERNMENT will support exporters in setting up bonded warehouses in the country to improve access to raw materials as...

Zimtile set to double output

The Chronicle Thandeka Moyo , Business ReporterZIMTILE is set to double its production by early next year on the back of growing demand to export...

We’ve not hiked flour price: Millers

The Chronicle Natasha Chamba, Business ReporterTHE Grain Millers Association of Zimbabwe (GMAZ) has said its members have not increased the price of flour to bakeries...

Six bidders eye ZMDC assets

The Chronicle GOVERNMENT will in two weeks announce the successful six bidders for assets owned by the Zimbabwe Mining Development Corporation (ZMDC) including gold mines. Mines...

Zimbabwe takes part in UK World Travel expo

The Chronicle Business ReporterTHE Zimbabwe Tourism Authority (ZTA) in conjunction with the Ministry of Environment, Tourism and Hospitality Industry and local tourism players are participating...

Government mulls disposal of Olivine Industries stake

The Chronicle Business EditorGOVERNMENT is considering selling part of its stake in Olivine Industries to an external investor to raise foreign currency towards recapitalising operations. This...
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