BUSINESS
Latest headlines for business news around the world.
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LATEST: Meikles Limited Group ventures into power generation
Meikles Limited, has unveiled plans to venture into power generation and intends to use part of the US$20 million proceeds…
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LATEST: Zupco to get more buses in a month
Zupco acting chief executive officer Mr Everesto Madangwa said the batch would arrive from China and South Africa, but could…
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Latest: Invictus Energy confirms Oil Discovery in Muzarabani
The discovery of oil and gas would be a major breakthrough for Zimbabwe, which has for over decade and half…
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New plane for Air Zimbabwe
AIR Zimbabwe is expecting delivery of a new plane in the next three weeks, a development that will see it…
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BREAKING: Chinese Investor Pulls Out Of US$1 Billion ZISCO Deal
Highly placed Government sources say efforts to renegotiate the deal, agreed on under the previous administration, were unsuccessful. The deal…
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LATEST: RBZ targets $300 Million for Financing Govt Operations
The Reserve Bank of Zimbabwe (RBZ) yesterday floated 182-day Treasury Bills, aiming to raise $300 million for financing Government operations.This…
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BREAKING: Troubled Fastjet to sell Zim unit to SA’s Solenta for US$8 Million
Cash-strapped budget airline fastjet plc says it is in talks to sell its Zimbabwean unit to a consortium led by…
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Small-scale Miners cry foul over EPOs
Speaking at a Zanu PF Youth convention, Tatenda Gwinji – who is the chairperson of young small-scale miners – said…
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One Money breaks into EcoCash’s market share
Having watched its competitor go through the turbulence, One Money in the past two weeks went on an aggressive marketing…
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Meikles Hotel sold to Abu Dhabi Group for US$20 million
Meikles will seek to generate further value in its remaining assets through the re-investment of the proceeds from the Transaction…
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