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Air Zim to increase domestic, regional routes
Walter Muchinguri Assistant Business Editor Air Zimbabwe is aiming to increase its carrying capacity this year through the introduction of new routes and by beefing up its equipment. The airlines’...
View ArticleATB extends tentacles into Zim
Business Reporter Tanzanian based clearing and forwarding company ATB Investments Pvt Limited has extended its tentacles into Zimbabwe with the opening of a Harare office this week. ATB would be...
View Article2014 inflation at 0,8pc
Golden Sibanda Senior Business Reporter ANNUAL Inflation shed 0,01 percentage points on the November rate to minus 0,80 percent in December as the economy drifts further into negative inflation due to...
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Zim marginally misses gold target
Martin Kadzere Senior Business Reporter ZIMBABWE has marginally missed gold output for 2014 after deliveries reached 13,9 tonnes in the year to December against a target of 14,5 tonnes, latest data...
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Govt raises duty on fuel
Business Reporter— GOVERNMENT has increased duty on fuel by between 28 percent and 33 percent in a development that could erode potential gains from its recent directive for traders to slash prices....
View ArticleNPS benefits depend on contributions
It is important to remember that benefits payable under the national pension scheme administered by NSSA are related to the contributions that employees and their employers have made to the scheme.Only...
View ArticleZim’s trade deficit widens
Zimbabwe’s balance of trade continues to be in deficit as the country’s growth rate decelerates. The trade deficit widened to $3,3 billion in December 2014 from $2,97 billion in November but declined...
View ArticleHR function is a shared responsibility
Matthias Ruziwa and Alyson Martens Line managers whom our employees report to have always had people management responsibilities and are increasingly called to take on more of these roles whilst human...
View ArticleGovt in bid to boost exports
Business Reporter The Government has stepped up efforts to capacitate the Export Credit Guarantee Corporation whose major role is to boost exports. According to the Insurance and Pension Commission,...
View ArticleNMB Bank delays floating of bond tenders
Business Reporter NMB Bank has not floated another tender for its two-year $50 million mortgage-backed Small to Medium Enterprises bond issue which opened during the last quarter of 2013 after the bank...
View ArticleZimbabwean banks ignoring social media at their own peril
By Perry Munzwembiri In Europe and America, bankers are the people everyone wants to hate. These so called masters of the universe drew the ire of the public as their “voodoo”banking practises saw them...
View Article‘99-year leases work in progress’
Business Reporter THE Bankers Association of Zimbabwe says there are a number of outstanding issues which need to be addressed around the 99-year leases before the land titles become bankable.This...
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Agriculture remains economy’s mainstay
Agriculture recorded a remarkable growth of 23,4 percent in 2014Business Reporter AGRICULTURE, mining and tourism sectors are expected to underpin the forecast 3,2 percent economic growth this year but...
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Mboweni scoops business leadership award
Econet Wireless chief executive Mr Doug Mboweni (centre) receiving the 2014 African Leadership Award from the African Leadership Magazine at a ceremony held in Dubai at the end of last year.Business...
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Kanyekanye in corruption scandal: Altim board suspends him for misconduct
JOSEPH KANYEKANYEBusiness Reporter ALLIED Timbers Zimbabwe, a state enterprise, has suspended its chief executive Dr Joseph Kanyekanye after the board raised several charges of misconduct against...
View ArticleSomething must give for ZSE in 2015
A false start to the year proved to be a precursor for what would turn out to be worst year in 20 years of equity trading in Zimbabwe on an adjusted basis. The mainstream index fell – 13 percent in the...
View ArticleBreaking the boundaries
Zachary Aldwin Have you ever given much consideration as to why you read the books you read, or why you watch the movies you choose to watch? Perhaps the cover grabs your attention? Maybe it is because...
View ArticleBRI recapitalisation likely to delay
Golden Sibanda Senior Business Reporter Blue Ribbon Industries prospective investor, Tanzania’s Bakhresa Group, has insisted on a lengthy indigenisation compliance period, a demand which is likely to...
View ArticleQuality matters in business
Shelter Chieza Change Management Of late my mind has been pre-occupied by issues that have to do with quality. Probably it’s a result of all that has been going on around me. Would it surprise you that...
View ArticleCABS contractors in wages, pensions row
Golden Sibanda Senior Business Reporter COMPANIES sub-contracted to build houses under CABS’ Budiriro housing project owe $4,5 million in unremitted pension fund contributions after failing to meet...
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