Business

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The country’s largest food manufacturer — National Foods Holdings Limited (Natfoods) says financial year 2020 first quarter performance showed improvement against same period last year as well as against the last quarter of 2020. According to a trading update for the first quarter to September 30, 2020 by parent company …

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THE Government is looking to accelerate its urban densification programme, with plans to review the Regional, Town and Country Planning Act and allow private sector players to play major roles in urban renewal and development, Local Government, Public Works and National Housing Minister July Moyo has said. Updating of this …

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THE Government is committed to impart requisite technical skills needed in capacitating miners towards fulfilling their production obligations that will in turn spur the attainment of the US$12 billion mining sector milestone. This came up at a training workshop for miners that is being coordinated by the Minerals and Marketing …

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Specialty retail and distribution group — Axia Corporation — experienced a rebound in sales volumes for the first quarter to September 30, 2020, thanks to the improved business environment obtaining. While inflationary pressures remained a concern during the quarter under review, the gradual easing of lockdown restrictions improved trading hours …

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Financial inclusion is the delivery of financial services at affordable costs to sections of disadvantaged and low-income segments of society. In Zimbabwe, the Deposit Protection Corporation (DPC) is part to the National Financial Inclusion Forum crafting a new National Financial Inclusion Strategy. DPC is member of the thematic committee on …

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Zimbabwe Stock Exchange listed beverages giant, Delta Corporation, reported an encouraging set of results for the half year to September 2020, defying the impact of Covid-19 related restrictions that characterised the reporting period. Delta, which for the better part of last year, and probably the previous one, reported double digit …

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THE Government has implored businesses to continue striving to deliver customer and consumer satisfactory goods and services despite Covid-19 induced drawbacks and warned those that fail to comply to risk denting their reputation and survival prospects into the future. The counsel came from Industry and Commerce Minister Dr Sekai Nzenza, …

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THE Government has started crafting a blueprint to guide the operationalisation of the greater Victoria Falls Special Economic Zone (SEZ). Cabinet a few months ago approved the Integrated Development Programme/Conceptual Development Framework for the Victoria Falls-Hwange — Binga SEZ whose idea is to integrate economic activities, catapult growth and improve …

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Gold deliveries to Fidelity Printers and Refineries (FPR) declined 43 percent in October compared to the same period last year as production plunged due to lock-downs imposed by many jurisdictions to curb the spread of Covid-19. The travel restrictions curtailed movement of consumables and hard cash, major components needed to …

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The Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz), has widened participation in its second Hackathon, which will be held in Bulawayo next month, to the generality of Zimbabweans. The event, which brings to the fore new innovations, follows the successful inaugural Hackathon that was held earlier in February, which …