Archive | Business

RBZ appoints bankers for Portfolio Fund

STANDARD Chartered Bank, Stanbic and CBZ have been appointed bankers for the Zimbabwe Portfolio Fund which was established by the Reserve Bank of Zimbabwe in August this year, businessdigest has […]

Forex delays wreak havoc

THE delay in the allocation of foreign currency to companies by the Reserve Bank of Zimbabwe (rbz) has resulted in businesses cancelling orders and suppliers doubling of prices to allow […]

Zimswitch to launch payment system

Zimswitch says it plans to launch two payment streams simultaneously with other Sadc countries that are expcted to complete their trial runs on a cross-border payment system by July next […]

Cotton output set to rise

GLOBAL cotton output is projected to increase by 10%, reaching an estimated 25 million tonnes during the 2017/18 cropping season, a recent report on world production trends shows.

Delta Corp scouts for alternative grain markets

BEVERAGE maker Delta Corporation is scouting for alternative markets to source cheaper brewing grain, as the bulk of farmers who traditionally produce for the company under a contract arrangement, are […]

More companies set to join ATP

A COMPANY running Zimbabwe’s Alternative Trading Platform says more firms could list on the platform before the end of the year despite a slow start.

ZCTU, govt clash over interference

THE Zimbabwe Congress of Trade Unions (ZCTU) has confronted government over its failure to streamline ministerial powers that interfere with trade union activities in the draft of the amended Labour […]

Schweppes Zim resumes exports

SCHWEPPES Zimbabwe Ltd (SZL) says it has in Q3 2017 resumed beverage exports to selected regional markets and is expecting in excess of US$2 million in export revenue in Q4 […]

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