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...
View ArticleTLG 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...
View ArticleZim, 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...
View ArticleI 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...
View ArticleNSSA 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...
View ArticleGovt 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...
View ArticleSteward 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...
View ArticleTransport 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...
View Article‘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...
View ArticleChrysler 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...
View ArticleInterbank 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...
View ArticleiBid 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...
View ArticleTobacco 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...
View Article‘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...
View ArticleCorporatisation 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...
View ArticleZIMRA 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...
View ArticleHwange 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...
View ArticleGovt 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...
View ArticleLet’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...
View ArticleCultivating 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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