Category Archives: Business

The Zimbabwe International Trade Fair Company (ZITF) hereby informs all exhibitors, visitors, buyers, delegates, and stakeholders that the 27th edition of the Mining, Engineering, and Transport Exhibition, #MineEntra2024, originally scheduled to take place from July 17-19, 2024, in Bulawayo, has been postponed to a date yet to be confirmed. High-level consultations are currently underway withContinue reading “A OF MINE ENTRA 2024: NEW DATES TO BE ANNOUNCED SOON”

Exciting times are ahead for the trucking industry in Zimbabwe! Foton Trucks has entered the Zimbabwean market, offering a wide range of high-quality trucks. Principle Truck Sales Zimbabwe is the go-to dealership for all Foton Truck needs, providing a one-stop-shop for customers seeking reliable light-duty trucks for urban deliveries, robust medium-duty trucks for long-haul transportation,Continue reading “Foton Trucks Revves Up Zimbabwe’s Trucking Industry”

Bulawayo, Zimbabwe – Organizers of the 27th edition of Mine Entra, the country’s foremost mining, engineering, and transport exhibition, have announced that preparations are in full swing for the highly anticipated event. Slated to take place from July 17 to 19, 2024, at the Zimbabwe International Exhibition Centre, Mine Entra 2024 promises to be aContinue reading “Mine Entra 2024: Preparations Underway for Zimbabwe’s Premier Mining Expo”

Pan-African broadcaster Multichoice is pulling its satellite television service provider, DStv, out of Malawi. This follows a decision by Malawian regulators to reject DStv’s latest price hikes. At the end of July, the Malawi Communications Regulatory Authority (MACRA) obtained an interim injunction from the country’s High Court. The injunction prohibited Multichoice Malawi from changing orContinue reading “Multichoice terminates DStv service in Malawi”

Power utility ZESA has quietly begun drawing power from Hwange Unit 8, the second of two 300 MW generating units built at a cost of US$1.4 billion, ZimLive can reveal. Testing of the coal-fired unit began on June 9, just days after tests were completed on Unit 7 which is now operating at full throttle.Continue reading “ZESA quietly feeds power from Hwange Unit 8 into national grid”

THE Reserve Bank of Zimbabwe has warned that it will not hesitate to take drastic action against financial institutions that fail to follow measures meant to stabilise foreign exchange rates and prices. Advertisment

British multinational bank Standard Chartered Plc on Thursday, 08 June announced it has agreed to sell its Zimbabwe subsidiary to local company FBC Holdings Limited as it moves ahead with plans to exit seven markets in Africa and the Middle East. A report by Bloomberg indicates that Standard Chartered will transfer 100% of its shareholdingContinue reading “Standard Chartered To Sell Zimbabwe Subsidiary To FBC Holdings”

Zimbabwe may face shortages of liquified petroleum gas (LPG) after wholesalers were ordered to have 48kg cylinders branded at short notice or have their licenses canceled. In a notice, the Zimbabwe Energy Regulatory Authority (Zera) gave July 31 as the deadline. “We are deeply concerned by the letters our members have received about the cancellationContinue reading “Gas shortage Threatens Zimbabwe”

The Consumer Council of Zimbabwe (CCZ) says a low-income urban family of six now needs just over $1 million a month to survive, up from $611 275 in April. CCZ director Rosemary Mpofu said the cost of living rose by 62% between April and May in Zimbabwe dollar terms.However, during the same period, the pricesContinue reading “Family Basket Jumps To $1 Million Per Month:CCZ”