Rains boost dam water levels: ZINWA

Average dam water levels in the country now stands at 58. 4 percent, after most recorded major gains during the on-going wet spell being experienced across the country, the Zimbabwe National Water Authority (Zinwa) has said.
Posted On 18 Jan 2017

No festive cheer as Delta’s volumes, revenue slide in Q3

Listed beverages-maker Delta Corporation saw its revenues for the third quarter to December 31, 2016 slide 10 percent due to weak volumes experienced during the period.
Posted On 16 Jan 2017

ZimRe Holdings removed from OFAC list

HARARE – ZimRe Holdings Limited (ZHL) is the latest company to be removed from the United States Department of the Treasury’s Office of Foreign Assets Control (OFAC)’s sanctions list.
Posted On 13 Jan 2017

Colcom appoints David Long as new chairman

HARARE – Listed meat processor Colcom Holdings Ltd has appointed Mr David Long as its new independent non-executive chairman of its board.
Posted On 13 Jan 2017

African airlines post robust growth in November – IATA

HARARE – The International Air Transport Association (IATA) has said African airlines experienced an 8.2 percent growth in demand last November compared to same month in 2015.
Posted On 13 Jan 2017

Econet to engage POTRAZ over data tariff

HARARE – Mobile telecoms services provider Econet Wireless Zimbabwe says it will engage the Postal and Telecommunications Regulatory Authority (POTRAZ) over the floor prices for data the latter set.
Posted On 12 Jan 2017

World Bank projects 3, 8pc GDP growth for Zim

HARARE – The World Bank has painted a more optimistic picture in respect of Zimbabwe’s Gross Domestic Product (GDP) growth this year, projecting it at 3, 8 percent.
Posted On 11 Jan 2017

ZRA plans to refurbish Kariba Dam Spillway Upstream Control Facility

HARARE – The Zambezi River Authority (ZRA) says it plans to use part of the money for the Kariba Rehabilitation Project to refurbish the Kariba Dam spillway upstream control facility.
Posted On 10 Jan 2017

No excuse for command agric failure – Mnangagwa

HARARE – Acting President Emmerson  Mnangagwa said on Saturday there is no excuse for farmers, especially  those on Government’s command agriculture scheme, to fail to produce and  meet targets this season with favorable rains the country is receiving.
Posted On 09 Jan 2017

Tetrad creditors hopeful of bank revival

HARARE – Creditors of closed Tetrad Investment Bank (TIB) are hopeful the financial institution can be revived and that they will become shareholders in the institution which owes them over $50 million.
Posted On 09 Jan 2017