Tetrad loses Zimplow shares to creditor
Business Editor a TOTAL 4,5 percent Zimplow Holdings shares were offloaded yesterday on the Zimbabwe Stock Exchange after an investor foreclosed on a debt owed by Tetrad Holdings. During trades on the...
View ArticleCSI, Moore Stephens’ Rule Book a game-changer
CHARTERED Systems Integration in conjunction with Moore Stephens introduced a plethora of services, amongst them emphasis on Rule Book, to replace a pricing spread sheet for most Zimbabweans and the...
View ArticleCutting costs key to survival
Kudzi Sharara Business Correspondent A FEW years ago just after dollarisation, recapitalisation was the buzzword among Zimbabwean companies. Several listed companies were engaged in various capital...
View ArticleEU slaps record fines on banks
BRUSSELS. — The European Union imposed a record 1,7 billion euros in fines on six institutions yesterday for rigging key interest rates that affect vast sums of money around the world. The sanction...
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Logistical, power woes take toll on Sable
Zimbabwe needs a total 150 000 tonnes of AN and a similar tonnage of Compound D fertiliser for the current farming season.Rumbidzai Zinyuke Business Reporter THE tedious process of importing and...
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Paint industry falls short of 60pc target
Tinashe Makichi Business Reporter PLAYERS in the paint industry have failed to meet the 60 percent capacity utilisation target set by the industry since the dollarisation of the economy, an official in...
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ICT Ministry to honour achievers
Minister ShamuTechnology Correspondent THE Ministry of Information Communication Technology, Postal and Courier Services will be holding their annual ICT achievers awards 2013 on December 7 at the...
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Anglo American to inject US$100m in Unki Mine
Unki has partnered with the local community in initiating, implementing and financially supporting sustainable projects that focus on poverty alleviation, education and skills development and safety,...
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To venture or not to venture, is the query
Nigel ChanakiraBusiness Reporters While Government did everything it could to create a conducive economic environment for indigenous entrepreneurs to thrive, many have fallen by the wayside after...
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All set for ZMDC diamond sale to EU
Business Reporter Zimbabwe’s first sale of diamonds to the European Union is imminent, with officials from the Antwerp currently sorting a float which the Zimbabwe Mining Development Corporation...
View ArticleInsurance, pension firms to raise US$6m for low-cost housing
Martin Kadzere Senior Business Reporter THE insurance and pension industry is seeking to raise US$6 million through private placement bonds to mobilise funds for on lending to banks to finance low cost...
View ArticleConfidence vital for economy rebound
Vandudzayi Zirebwa Buy Zimbabwe Economists the world over have found out that the biggest challenge nations face in reviving their fortunes for the better is more often than not, a function of a...
View ArticleChoosing the ideal 4×4
Fact Jeke Behind the Wheel December is the best month of the year, not only do we celebrate the birth of Christ Jesus, but we also get to have a long break from work and do a lot of travelling to...
View Article‘Common sense’ driving can reduce road carnage
After reading my previous article on causes of road traffic accidents in Zimbabwe, a reader suggested that I had left out one major one – traffic hogging. This feedback prompted me to highlight the...
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Junction 24: The ideal family place
The front view of Junction 24Isdore Guvamombe Tourism Matrix A spitting distance from the Hunyani River Bridge, on the way to Chitungwiza and to the east, lies the latest joint – Junction 24, that has...
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Mining firms bank 3pc of revenue
Mining constituted US$2 billion of the US$3,3 billion total exports in 2012, meaning the lion’s share oiled foreign economiesGolden Sibanda Senior Business Reporter mining companies are banking a mere...
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Let’s emulate Cuba’s tourism model, says Mzembi
Minister MzembiTravel Writer Zimbabwe’s tourism and hospitality industry should benchmark itself with Cuba’s tourism industry experience due to similar sanctions-induced economic challenges, Tourism...
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Cabs tackles housing backlog
Clara Mawere Business Reporter THE country’s largest building society, CABS, has since 2010 disbursed US$$125,7 million in mortgage finance for 440 units, mostly low cost. Speaking at the Real Estate...
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Zim ready to beneficiate gems
Business Reporter ZIMBABWE is now firmly set to optimise the value of proceeds from the exploitation of its vast diamond resources through beneficiation after the country built the requisite expertise...
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Sky’s the limit for Padenga
Zimbabwe is, by most accounts, the best place on the planet to farm Nile crocodilesRichard Sainsbury Business Correspondent AFTER a strong bull run on the Zimbabwe Stock Exchange during 2013, looking...
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