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Meikles complies with ZSE directive
Business Editor Meikles Limited complied with the directive from the Zimbabwe Stock Exchange to address concerns raised mainly around the balances held by the Reserve Bank of Zimbabwe.The ZSE had...
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BNC set to restart Trojan Mine smelter
Business Reporters Bindura Nickel Corporation has started discussions with different nickel producers to secure additional material to supplement production at Trojan Mine following a successful...
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Govt demands roadmap on platinum refinery
Walter Muchinguri Assistant Business Editor Platinum firms operating in Zimbabwe should come up with a concrete and detailed roadmap for the establishment of a refinery if Government is to reconsider...
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Hwange gets nod to make rights offer
Business Reporter HWANGE Colliery Company Ltd has been given the nod by major shareholders to undertake a rights offer to raise funds to pay off debts, well placed sources have said.The country’s...
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Govt loses Zimre stake
Mr NdunaHappiness Zengeni Business Editor Government’S shareholding in Zimre Holdings has been significantly reduced following its failure to follow its rights during the $15 million offer. According...
View ArticleSADC in bid to step up disaster preparedness
Conrad Mwanawashe Business Reporter THE SADC region is still far from achieving optimum early warnings capability regarding adverse weather conditions necessary to enable adequate preparation to avert...
View ArticleFidelity Life starts allocating stands
Golden Sibanda Senior Business Reporter FIDELITY Life says it is well on course to start allocation of housing stands under its Southview Park project this month with servicing of the stands set for...
View ArticleNECF to host indaba on falling oil prices
Business Reporter THE National Economic Consultative Forum will on Monday host a dialogue on the implications of declining global oil prices on the Zimbabwean economy, the NEFC said...
View ArticleGovt to rebrand NIPC
Tinashe Makichi Business Reporter The Cabinet of Zimbabwe has approved the setting up of a National Competitiveness Commission tasked to identify areas of concern and cost drivers within the economy, a...
View ArticleTo hire internally or externally
Shelter Chieza Change Management Imagine you are recruiting your company’s finance manager and you are hoping to find that one person your company will place hope in during these trying economic times....
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Liquidation a better devil for weak banks
BELLY UP . . . AfrAsia Zimbabwe was capitalised at $6,01 million, way below the December 2014 benchmark of $50 million and even below the initial $25 million hurdle set soon after the dollarisation of...
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French development agency keen to assist private sector
Business Reporter The French Agency for Development (AFD) through its subsidiary Proparco has expressed its willingness to avail more funding for the private sector after having already provided $20...
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Parly committee takes IMF to task
Business Reporter Members of Parliament yesterday asked the International Monetary Fund (IMF) whether it was ostracising Zimbabwe along political lines by refusing to extend financial support to...
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SI made brokers less effective on ZSE
Business Reporters FORMER Zimbabwe Stock Exchange chairman Mr Mguquka Ndodana has fired a broadside at ZSE chief executive Mr Alban Chirume labelling him a “fascist” for taking away the powers of...
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Tobacco merchants mobilise $824m
Tobacco Industry and Marketing Board chairperson Mrs Monica Chinamasa (right) shares a lighter moment with Industry and Commerce Minister Mike Bimha (centre) during the official opening ceremony of...
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Powertel dongle now super fast
The powertel dongle – pic from ww.technomag.co.zwBy Toneo Tonderai RutsitoLast year we ranked it the worst internet dongle ever to hit the market under both the CDMA and GSM based technology facing...
View ArticleThe 101 on fibre technology
Fibre is the buzz word of all the ISP’s right now and that’s not just in Zimbabwe The US and UK are going big on fibre rollout with FiOS and Infinity to name just a few example products in those...
View ArticleBuy Zimbabwe decries deteriorating trade balance
Vandudzai Zirebwa Buy Zimbabwe Imports continue to outpace exports as the country continues to lose competitiveness due to the strengthening of the United States dollar against the currencies of...
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Government concerned about MicroKing: Minister Chinamasa
Minister ChinamasaBusiness Reporter Finance and Economic Development Minister Patrick Chinamasa says government will bend over backward to save closed AfrAsia Zimbabwe’s subsidiary MicroKing due to the...
View ArticleDHL eyes more service centres
Martin Kadzere Senior Business Reporter GLOBAL logistics and express company DHL sees Zimbabwe as a strategic business hub for its operations in Africa, saying the country’s future “is more positive...
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