ecorded 19, 2 % up from previous quarter on growth recorded across which is $24, 7 billion in revenue for the second quarter of 2021. Read more.
Tags : zimbabwe
Five African nations are among a minority group of just 21 countries that have more than one new coal power plant at the planning stage
ecline in full year profit earnings to ZWL 4.397 billion despite a 35% increase in revenue. Read more
imbabwe Small scale miners are aiming to contribute US$4 billion to the targeted goal of turning the mining sector into a US$12 billion economy Zimbabwe Miners Federation (ZMF) announced. Read more.
Zimbabwe’s Rainbow Tourism Group (RTG) posted an inflation adjusted 95% rise, $164 million pre-tax profit, during the half year ended as at June 30th 2021 from $84 million pre-tax profit prior the same period. Read more.
In almost two decades the defunct State-owned meat processor and marketer, Cold Storage CompanyCSC is set to resume normal operations after the investor injected US$6 million to capacitate the company in its bid to revive old and absolute infrastructure which has not been taken care of for the past two decades. Read more.
Smooth and steady flow of goods within and across nations should be harnessed to stimulate trade and manufacturing investments within the SADC region, a logistics expert has said. Read more.
Stung by power shortages, Zimbabwe is seeking power from its neighbours Mozambique and Zambia to avert the crisis. Read more.
A newly established electronic agricultural commodity platform, the Zimbabwe Mercantile Xchange (ZMX), has the potential to provide a doorway for increased private sector investment into agriculture, as stated by a senior official. Read more.
THE Industrial and Commercial Bank of China (ICBC) has not reneged on an agreement to finance the US$3 billion coal fired power plant Zimbabwean firm, RioZim, wants to develop in Sengwa, Gokwe fuelling speculation in the international media and business community that the deal have collapsed.
The Central Africa Building Society (CABS), which is a banking subsidiary under Old Mutual Zimbabwe, has underlined that it is dedicated to assist private sector investments that have potential to aid economic growth. Read more.
Government has launched the commodity exchange, the Zimbabwe Mercantile Exchange (ZMX), aimed at providing convenience and efficiency in the marketing of agricultural commodities. Read more.
