Chinese engineers on ground for multi-billion Harare-Beitbridge road project

Harare, July 22, 2016 (New Ziana) – Engineers from two Chinese firms  awarded the $2 billion tender to dualize the Harare-Beitbridge-Chirundu  highway are in the country to initiate the project design, a cabinet  Minister said on Friday.
Posted On 22 Jul 2016

Govt committed to reviving cotton production

Harare–The Zimbabwe government says the $52  million that it set aside for cotton production in the coming farming  season is only part of broader plans to resuscitate growing of the white  gold in the country.
Posted On 22 Jul 2016

Preferred creditors for defunct AfrAsia Bank get $1,4 million

Harare –The Deposit Protection Corporation (DPC) said yesterday it has so far paid out $1,35 million to preferred  creditors for failed AfrAsia Bank and will make a second payment in the  last quarter of the year.
Posted On 22 Jul 2016

Cambria files counterclaim against Consilium

Zimbabwe focused investment company Cambria Africa has filed an amended defence and counterclaim against Consilium Corporate Recovery Master Fund Ltd for $1,84 million in the Commercial Court .
Posted On 20 Jul 2016

Standard Bank rolls out its Global Banking App

Standard Bank is on a committed journey of rapid digitsation across the continent, offering its customers more convenient ways to interact with their personal banking services.
Posted On 14 Jul 2016

Stanbic Zimbabwe to launch mobile banking app before year-end

Harare- Standard Bank Africa has announced plans to launch a new banking application in ten countries including at its local subsidiary Stanbic Zimbabwe, before the end of this year.
Posted On 12 Jul 2016

Zim-EU relations likely to remain the same despite Brexit

Zimbabwe should not expect a major shift on positions by the European Union following a decision by Britain to withdraw from the Western bloc, outgoing German ambassador to Zimbabwe Mr Ulrick Kloeckner has said.
Posted On 07 Jul 2016

French business delegations to visit Zim

HARARE – A number of French business delegations are expected to visit the country following Minister of Finance and Economic Development Patrick Chinamasa’s recent visit to Paris to negotiate funding support.
Posted On 05 Jul 2016

Afreximbank to speak on bond notes soon – RBZ

Harare–The Africa Export and Import Bank (Afreximbank) is expected to soon make public its position on the  intention of the Reserve Bank of Zimbabwe (RBZ) to launch bond notes, a  top central bank official said today.
Posted On 30 Jun 2016

Zinara introduces points of sale machines, prepaid tolling cards

Harare-The Zimbabwe National Road Authority (Zinara) said on Tuesday it has introduced points of sale machines for  vehicle licence fees payments and will soon unveil prepaid tolling  cards.
Posted On 29 Jun 2016