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Puma Energy to unveil brand
Walter Muchinguri Assistant Business Editor Officials from Puma Energy are expected in the country next month to unveil the team that will lead the energy group’s local venture and its plans for the...
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WMMI introduces new business model
Car assembler Willowvale Mazda Motor Industries (WMMI) has introduced a new business model in an effort to revive its waning fortunes, an official has said.Last year WMMI indicated that it was...
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Choppies to invest a further $10m in Zim
Conrad Mwanawashe Business Reporter CHOPPIES Zimbabwe will invest a further $10 million this year as the group targets to grow its local business. Chief executive Ramachadran Ottappath said in an...
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Zim told to normalise relations with IMF
Nelson Gahadza Business Correspondent The International Monetary Fund’s representative to Zimbabwe, Mr Christian Beddies, says the Government should deliver on its commitment to normalise relations...
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Brainworks in $20m deal for Telecel Stake
According to Potraz Telecel subscribers receded 7,4 percent to 2 223 724Happiness Zengeni Business Editor Brainworks Capital Management is set to acquire a significant stake in Telecel Zimbabwe...
View ArticleZol targets presence in 100 000 homes
Conrad Mwanawashe Business Reporter INTERNET service provider Zol Zimbabwe expects to have a presence in more than 100 000 homes through its fibre optic internet by the end of this year. Zol Zimbabwe...
View ArticleConquering the fear of failure
Zachary Aldwin Milkshake in the Boardroom I remember the first time I failed. I was four years old and in nursery school. We had to make a butterfly by cutting out paper wings, colouring them, and...
View ArticleRegional agro conference begins in Tanzania
DAR ES SALAAM. — MORE than 800 agriculture experts have converged in Tanzania for the Agribusiness Congress East Africa. The two-day event is on-going in Dar es Salaam where the experts are discussing...
View ArticleDubai world’s busiest airport
London. — Dubai International has soared past London’s Heathrow to become the world’s top airport for international travel, riding a boom in long-haul flights between Asia and the West.Traffic at the...
View ArticleEntitlement of full rightful pension benefits
Martin Tarusenga Sentiments coming through pensioner organisations indicate that pensioners and other owners of pension and insurance funds have at least been given hope by Government undertaking to...
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Royal Bank creditors likely to suffer losses
Golden Sibanda Senior Business Reporter CREDITORS of closed Royal Bank could suffer substantial losses to their investments after it emerged that liabilities of the bank at $12,5 million far outweigh...
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Zimra surpasses gross revenue target
Walter Muchinguri Assistant Business Editor The Zimbabwe Revenue Authority surpassed its gross revenue target by a marginal one percent after collecting $3,84 billion against a target of $3,82 billion....
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ZHL making inroads in local, regional market
Tinashe Makichi Business Reporter The country’s largest Reinsurance Group, Zimre Holdings Limited says it will this year grow the local and regional market following the shareholders approval of the...
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‘Muponda free to apply for banking licence’
Gilbert MupondaHappiness Zengeni and Martin Kadzere THE Reserve Bank of Zimbabwe does not have any “adverse information” against Mr Gilbert Muponda but the businessman, just like any other person, will...
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Jane Mutasa challenges Brainworks transaction
Patrick ZhuwaoHappiness Zengeni and Martin Kadzere SELPON Investments, the second largest shareholder in Empowerment Corporation has questioned the role of managing director Mr Patrick Zhuwao as it...
View ArticleIDBZ medium-term energy bond fully subscribed
Martin Kadzere Senior Business Reporter THE Infrastructure Development Bank of Zimbabwe’s $15 million medium-term energy bond was fully subscribed for, chief executive Mr Charles Chikaura said...
View ArticleArena Consulting Group to hold corporate governance workshop
Business Reporter LOCAL firm, Arena Consulting Group in collaboration with Deloitte and Touche, will next month host a one-and-half day workshop on corporate governance and corporate social...
View ArticleLets switch to LED lighting
LED lights are the latest technology in energy efficient lighting. LED stands for ‘‘Light Emitting Diode’’, a semiconductor device that converts electricity into light.They are super energy efficient,...
View ArticleClovgate introduces new technology
Business Reporter ONE of Zimbabwe’s leading elevator companies, Clovgate Elevator Company, has introduced non-proprietary elevator and escalator technology in Zimbabwe and the region in partnership...
View ArticleZERA audits fuel price compliance
Golden Sibanda Senior Business Reporter THE Zimbabwe Energy Regulatory Authority has embarked on a nationwide audit of retail fuel prices to determine if traders complied with Government’s directive to...
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