Business

BancABC Zimbabwe, the local banking subsidiary of Pan African group, Atlas Mara has today launched the City Hopper Service, a smart local remittance service which allows customers to send foreign currency between cities throughout Zimbabwe…

Diversified group, TSL Limited suffered a sharp drop in tobacco volume at its auction floors during the quarter ending 31 July 2020 due to chaotic marketing season preparations within the industry. However, firmer tobacco prices for the…

The Zimbabwe Dollar (ZWL) marginally strengthened by 1.2 percent against the American dollar (USD) to settle at ZWL$ 81.7/USD in the latest foreign currency auction conducted this afternoon marking a third consecutive gaining streak.…

Government decision to extend business operating period from 6.30 am to 6.30 pm under the Covid-19 lockdown regulations have brought great relief to the retail sector which is still struggling to recover lost business since the imposition…

Despite a three percent drop in sales volumes during the half year trading period to June 30, 2020 for listed tobacco processor, British American Tobacco (BAT), gains from price adjustments and cut-rag exports earned the company a 22…

LONDON – Cassava Fintech International (CFI) has launched a new #African&Talented promotion aimed at identifying and supporting talent across Africa through the Sasai App, with the top winner walking away with a huge cash prize. The…

The Zimbabwe Revenue Authority (Zimra) has unearthed massive under-declaration of goods at the Beitbridge border post by cross-border transporters otherwise known as Omalayitsha who are abusing the authority’s pre-payment and pre-clearance…

Traders Along the busy sidewalks of Harare are doing brisk business out of selling US$1 notes to various business players who are struggling for change by setting premiums of between five and seven percent per US$ 100, 263Chat Business has…

Harare, Zimbabwe, 10 September 2020 – Mastercard and Zimswitch, Zimbabwe’s national payment switch, have announced a partnership agreement to enable the modernization of Zimbabwe’s payment infrastructure, using Mastercard’s technology,…

Diversified investment holding company, Zimre Holdings (ZHL) has entered into a share purchasing agreement with the National Social Security Authority (NSSA) for the purchase of its 35.09 percent stake in insurance firm, Fidelity Life…