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Zim to miss tobbaco production target

Most of the tobacco crop is showing signs of distress due to excessive rains, raising fears that the country may not meet the 2015 target to produce 220 million kilograms.Total flue cured tobacco...

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TLG Capital partners GetBucks

Dave Van Niekerk, CEO of GetBucks, seen here moderating at a Herald Business event last yearTLG Capital, a private equity company focused on Sub Saharan Africa, has entered into its largest transaction...

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Zim, SADC back Sakala for AfDP presidency

Mr SakalaGovernment has thrown its weight behind Zimbabwean candidate Mr Thomas Zondo Sakala for the post of African Development Bank (AfDB) president in elections set for May this year.Incumbent AfDB...

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I will not go, says Kanyekanye

Mr KanyekanyeBusiness Reporter SUSPENDED Allied Timbers Zimbabwe chief executive Dr Joseph Kanyekanye has denied corrupt charges raised against him and has accused the company’s chairman of usurping...

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NSSA to inject over $10m in projects

National Social Security Authority is planning to officially open the 140-room Rainbow Beitbridge HotelConrad Mwanawashe Business Reporter THE National Social Security Authority (NSSA) expects to...

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Govt to establish authority for horticulture

Business Reporter GOVERNMENT intends to establish an authority to promote the growth of the horticultural industry, Agriculture, Irrigation and Mechanisation Minister Dr Joseph Made has said.He said...

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Steward Bank appoints Dr Mambondiani as acting CEO

Business Reporter ECONET Wireless banking unit, Steward Bank, has appointed Dr Lance Shingai Mambondiani as acting chief executive following expiry of incumbent CEO, Kwanele Ngwenya’s term. Steward...

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Transport infrastructure critical for tourism

Isdore Guvamombe Tourism Matrix It is always good to be back from a deserved sabbatical. It feels good to observe from the terraces events as they happen in your beloved country of birth.I come back at...

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‘Transport science research more relevant now’

Business Reporter Zimbabwe should consider the use of transport science research to come up with concrete solutions to its infrastructural problems, Transport and Infrastructural Development Minister...

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Chrysler 300S: Most technologically advanced AWD system

Tinashe Makichi  Motoring Reporter Chrysler, though one of the rarest brands on the local motoring scene has been slowly infiltrating the market. Chrysler officially FCA US LLC, is an American car...

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Interbank market to resume next month

Dr MangudyaBusiness Reporter THE interbank market will resume  mid next month after a 15-year hiatus with most banks having signed the relevant documentation in this regard.Reserve Bank of Zimbabwe...

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iBid launches unique bid auction in Zim

Business Reporter iBid has launched a low unique bid auction in Zimbabwe. The auction is the first in Africa to sell smartphones, computers, buses, cars and tractors for as little as 1 cent. As an...

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Tobacco marketing season preps underway

Elita Chikwati  Agriculture Reporter Preparations for the 2015 tobacco marketing season are underway amid indications that there could be an oversupply of the crop on the international market, which...

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‘Govt committed to promote FDI’

Cde MushohweLloyd Gumbo Senior Reporter Government is committed to making the country conducive for Foreign Direct Investment contrary to claims that the Indigenisation and Economic Empowerment Act...

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Corporatisation of ZSE begins

The process of incorporating the Zimbabwe Stock Exchange into a private limited company is in progress following the repeal of the Act, which recognised the exchange as a statutory body.The...

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ZIMRA to complete border posts modernisation by 2018

Zimra has already installed non-intrusive inspection equipment (scanners) at ports of entry and exit to improve clearanceGodfrey Gavure Business Reporter The Zimbabwe Revenue Authority is targeting to...

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Hwange expansion gathers momentum

Felex Share Senior Reporter The expansion of Hwange Thermal Power Station has gathered momentum with the Zimbabwe Power Company and the contractor, Sinohydro of China pooling together $3 million to...

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Govt issues interim maize import permits

Zimbabwe has about four months grain cover due to lack of funding and erratic rains over the yearsBusiness Editor Government has issued interim permits for the importation of maize in the country in...

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Let’s commemorate World Wetlands Day

On February 2 each year, Zimbabwe joins the rest of the world in commemorating the World Wetlands Day. This day marks the date of the adoption of the Convention on Wetlands on February 2, 1971, in the...

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Cultivating a culture of responsible borrowing

Sanderson Abel Borrowing is not a financial sin. However, borrowing for the wrong reasons can leave you in financial distress at the end. One way to recognise good debt is to apply the basic principle...

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