Business Articles

Zimbabwe announces major Gas discovery in Muzarabani

Vongai Masuka The Minister of Mines and Mining Development, Soda Zhemu yesterday announced the discovery of gas in Muzarabani region through the ongoing oil exploration at Mukuyu 2 well by Geo Associates in partnership with Invictus Energy and One Gas Resources. The...

Local buyers urge manufacturers to emulate foreign products on commodity packaging

Vongai Masuka Local buyers have called on manufactures of goods and commodities in Zimbabwe to draw lessons from foreign products to improve their packaging and attract more customers. The sentiments came from various buyers during the Buy Zimbabwe week campaign which...

RBZ approves acquisition of Standard Chartered Bank

Tafadzwa Nyikadzino The Reserve Bank of Zimbabwe approved the acquisition of the Standard Chartered Bank by FBC Holdings yesterday in a development which saw the latter acquiring a 100 percent stake in the financial institution. The Registrar of the Central Bank...

Government appoints directors for Mutapa Investment Fund

Tafadzwa Nyikadzino Government has appointed the board of directors to manage the Mutapa Investment Fund, which will be chaired by former Telone CEO, Chipo Mutasa. In a statement released by Treasury, President Mnangagwa appointed a board of seven people comprising of...
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