Business

Microcred repositioning for sustainable growth

Microcred repositioning for sustainable growth

The Monthly Financial Sector Bulletin (MFSB) publishes “The Microfinance Interview”, a monthly question-and-answer feature through which it engages with key stakeholders of the microfinance sector such as microfinance institutions (MFIs), funders, service providers, development partners and regulators among others, on issues of topical and mutual interest.

Sadc set to commission new power projects

Sadc set to commission new power projects

SOUTHERN Africa anticipates to commission new power projects that will add 30 000MW to the region between 2017 and 2022, as countries move to meet overwhelming demand, Energy and Power Development minister, Samuel Undenge said yesterday.

Zimra to step up efforts in revenue collection

Zimra to step up efforts in revenue collection

The Zimbabwe Revenue Authority (Zimra) says it will aggressively seek out arrears from free riders following a 4% increase in gross revenue collections to $264,79 million in January.

SAA to introduce bigger planes pending demand

SAA to introduce bigger planes pending demand

South African Airways (SAA) became the first airline to fly a wide-bodied plane to Victoria Falls, declaring it would bring a bigger aircraft if demand increases.

Govt paying off Telecel shareholding balance

Govt paying off Telecel shareholding balance

THE government has begun paying off the balance to acquire a 60% shareholding in Telecel Zimbabwe and the transaction should be complete by next week.
Sources yesterday revealed that the government had sent $30 million to VimpelCom.

5MW Hwange solar plant on cards

5MW Hwange solar plant on cards

A PRIVATE energy firm, SolGas (Private) Limited, has approached the Zimbabwe Energy Regulatory Authority (Zera) seeking a licence to set up a 5 megawatt (MW) solar photovoltaic power plant in Matabeleland North province as part of efforts to ease the country’s power shortages.

CZI president  takes Byo  business challenges  head on

CZI president takes Byo business challenges head on

THE Confederation of Zimbabwe Industries (CZI) president Busisa Moyo will on Saturday address Bulawayo residents and businesspeople on the status…

Govt declares Vic Falls Tourism Special Economic Zone

Govt declares Vic Falls Tourism Special Economic Zone

ZIMBABWE’S prime resort town of Victoria Falls has been declared a Tourism Special Economic Zone (TEZ), a development expected to spur growth in tourist arrivals and create employment for locals, Finance minister Patrick Chinamasa has said.

Metallon’s Zimbabwe unit Q3 gold output falls 7 pct year-on year

Metallon’s Zimbabwe unit Q3 gold output falls 7 pct year-on year

Metallon Corp, the biggest gold producer in Zimbabwe, reported a 7 percent drop in gold production year-on-year, during its third quarter due to equipment breakdowns and increased power disruptions.

Dollar Goes From Savior to Scapegoat as Zimbabwe Economy Buckles

Dollar Goes From Savior to Scapegoat as Zimbabwe Economy Buckles

Zimbabwe freed its economy from the nightmare of hyperinflation by dumping its currency and adopting mainly the U.S. dollar. Six years on the economy is back in crisis.

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