Business

Samsung opens assembly plant in Zimbabwe

South Korea-based telecoms giant, Samsung Electronics, has started assembling television sets and refrigerators in Zimbabwe and Acting President Emmerson Mnangagwa yesterday toured the company’s two factories. The company, through its local partner SamZim, intends to […]

Business

StanChart set to lay off 36 workers

by Fidelity Mhlanga STANDARD Chartered Bank of Zimbabwe (StanChart) is set to lay off 36 employees this month owing to reduced returns stemming from a decline in lending and transactional volumes. In a notice to retrench […]