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Zimbabwe Herald

Wed, 01 Jun 2022 22:35:50 +0000
EIB lines of credit to local banks top e25m
The European Investment Bank (EIB) has pledged to continue supporting Zimbabwe’s post Covid 19 economic recovery initiatives after the bank extended a combined €25 million (US$26,82m) in lines of credit to two local banks for lending to producti...

Wed, 01 Jun 2022 22:31:17 +0000
Ex-David Whitehead chief Chimanye disposes stake
Former David Whitehead Textiles Ltd (DWTL) chief executive officer and majority shareholder Edwin Chimanye has disposed of his stake in Zimbabwe’s largest garment making firm.

Wed, 01 Jun 2022 22:28:29 +0000
IDBZ evaluates $1bn infrastructure projects
The Infrastructure Development Bank (IDBZ) says it is evaluating private sector projects worth $1 billion from the energy, mining and irrigation sectors for funding in line with the bank’s mandate of supporting infrastructure development in the cou...

Wed, 01 Jun 2022 22:25:23 +0000
Zambia now top Chinese FDI destination
Chinese President Xi Jinping on Tuesday held a phone conversation with his Zambian counterpart, Hakainde Hichilema. President Xi hailed the all-weather friendship between China and Zambia, stressing bilateral friendship is unbreakable. Over the past ...

Wed, 01 Jun 2022 22:23:49 +0000
China in new measures to support economy
China’s cabinet announced a package of 33 measures covering fiscal, financial, investment and industrial policies on Tuesday to revive its pandemic-ravaged economy, adding it will inspect how provincial governments implement them. The stimulus pack...

Wed, 01 Jun 2022 22:21:09 +0000
BRIEFLY . . .Euro-zone inflation hits record
Euro-zone inflation accelerated to an all-time high, intensifying the debate at the European Central Bank about how rapidly to raise interest rates from record lows. Consumer prices jumped 8,1 percent from a year earlier in May, exceeding the 7,8 per...

Wed, 01 Jun 2022 22:18:04 +0000
Due diligence when buying company-owned property
Further to the previous articles I have written on due diligence when buying immovable properties this one focusses on due diligence when buying a property registered in the name of a company. There are two main ways such properties may be sold, name...

Wed, 01 Jun 2022 22:13:46 +0000
Govt to ramp up fertiliser production
In light of ongoing instability in Eastern Europe, which has affected exports of a number of key commodities, the Government is looking at ramping up production of fertilisers, Industry, and Commerce Minister Dr Sekai Nzenza said yesterday.

Wed, 01 Jun 2022 22:09:15 +0000
Swiss-Zimb Business Chamber appoints 5 new board members
The Swiss-Zimbimbabwe Business Chamber has appointed five new board members to steer the organisation's operations aimed at promoting trade, business and economic cooperation between the European nation and Zimbabwe.

Wed, 01 Jun 2022 22:08:35 +0000
Investigations into plane crash continue
INVESTIGATIONS into the plane crash in which a member of a South African civilian acrobatic air display team died at Charles Prince Airport in Harare on Tuesday, continue as the Civil Aviation Authority of Zimbabwe and other investigators join hands ...

Wed, 01 Jun 2022 22:08:17 +0000
‘Take Money’ set for biggest pay cheque
WORLD Boxing Council (WBC) interim super-bantamweight champion Kudakwashe “Take Money” Chiwandire is set to pocket the biggest pay cheque of her career when she faces Mexican Zulina Munoz (58-W52; KO30-L4-D2) in a mandatory defence contest at the...

Wed, 01 Jun 2022 22:06:53 +0000
From a retail investor’s perspective
Tapiwa Bepe In this week’s section of profiling the Zimbabwe Stock Exchange (ZSE) retail investors, we feature Andrew Muzondiwa Marisa.  ZSE Retail Investor  Name: Andrew Muzondiwa Marisa Age: 58 years Qualifications: A holder of two masters’ d...

Wed, 01 Jun 2022 22:06:00 +0000
Zim, Russia deepen bilateral, trade relations
ZIMBABWE and Russia have committed to deepen and expand bilateral relations that exist between the two countries.

Wed, 01 Jun 2022 22:05:56 +0000
First Lady considers setting up regional cultural exchange programme
FIRST LADY Dr Auxillia Mnangagwa intends to go regional through establishing a cultural exchange programme, complete with festivals and intensive training programmes for youths in the SADC region to bolster family ties and build rock solid and long-l...

Wed, 01 Jun 2022 22:05:19 +0000
Parent club restrictions take lustre off Manicaland Derby
THE Castle Lager Premiership football’s first ever Manicaland derby pitting Manica Diamonds and Tenax CS FC will be played without aspiring Golden Boot winner Nyasha Chintuli and striking partner Farai Mugumwa owing to parent club restrictions.



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