Tobacco farmers request US dollar sales

Tobacco farmers want the Reserve Bank of Zimbabwe (RBZ) to simplify access to the US dollar component of their proceeds, including a portion to be withdrawn in cash, ahead of…

Airbus reports 2019 net loss of 1.36 bn euros

AIRBUS on Thursday reported a net loss of 1.36 billion euros in 2019 after being hit by a 3.6-billion-euro fine over a bribery scandal and extra development costs for the…

US$1 million solar powered plant commissioned

By ZBC Reporter THE Ministry of Industry and Commerce this Wednesday presided over the commissioning of a US one million solar-powered plant for manufacturing tile adhesive in Harare. Permanent Secretary…

Zimbabwe & South Africa to Operate One-Stop Border Post in 2024

By Staff Reporter A ONE-STOP border post that will fast-track trade between Zimbabwe and South Africa will be fully operational at Beitbridge port of entry in 2024, according to South…

Google HR chief stepping aside as worker activism rises

GOOGLE on Monday confirmed that head of human resources Eileen Naughton was stepping away from her job as “vice president of people operations” at the internet company. “We’re grateful to…

TSP objectives on course

By ZBC Reporter The recent dissolution of the Industrial Development Corporation of Zimbabwe (IDCZ) board and current efforts to operationalise Air Zimbabwe have been sighted as key developments dovetailing with…

US$ 1.5 billion Hwange Thermal Expansion Project 40% complete

By Luckmore Safuli THE Hwange Thermal Expansion project is now 40 percent complete with the contractor, Sino Hydro, optimistic the project which is set to add 600 Megawatts to the…

Embattled Credit Suisse chief Thiam steps down

CREDIT SUISSE, which has been rocked by a spying scandal, announced Friday that chief executive Tidjane Thiam had resigned and would be replaced by the current head of the bank’s…

Uber sees path to profit despite $1.1bn loss

UBER’S business continues to grow, but so do its losses. The firm lost $1.1bn (£851m) in the last three months of 2019, even as revenue jumped 37% to $4bn and…

Mining Indaba a success – Minister Chitando

By ZBC Reporter GOVERNMENT has described the Investing in African Mining Indaba which ended this Thursday in Cape Town South Africa as a huge success as it renewed investors’ appetite…