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What next for agriculture?
Jeffrey Gogo Climate Story LATER this year, Zimbabwe will once again spend millions of dollars importing grain to cover domestic shortages caused by bad weather and poor rainfall, which neither...
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CSC revival awaits Cabinet scrutiny
Business Reporter PLANS to revive the Cold Storage Company still await Cabinet approval as the firm looks to explore new beef export markets once it is back on its feet. Agriculture Deputy Minister...
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Bus interchange project set for next year
Business Reporter Listed company Pearl Properties said almost half of the required $50 million investment for a bus interchange complex construction in Harare will be raised through debt while the...
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Meikles lays off 153 workers
Meikles Departmental Store in BulawayoBusiness Reporter Meikles Limited group has laid off 153 workers across Zimbabwe under a termination by notice arrangement as the company rationalises staff to...
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Lack of policy co-ordination costing small scale miners
Conrad Mwanawashe in Shurugwi MR Eric Maenga is ready to risk all and sundry for the precious “thing”. Like many other artisanal miners popularly known as “makorokoza” Mr Maenga operates in the...
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Hwange Colliery Company recapitalisation gathers pace
Some components of the equipment from BELAZ that are already at the mineMartin Kadzere recently in Hwange HWANGE Colliery Company Limited has started receiving equipment mainly for its open cast...
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Blue Ribbon needs $15m for grain
Golden Sibanda Senior Business Reporter BLUE Ribbon requires about $15 million to procure grains enough to set the company back on track to sustainable viability, highly placed sources said. The...
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Trade automation set for June 19 . . . as ZSE moves to Ballantyne Park
Happiness Zengeni and Martin Kadzere THE Zimbabwe Stock Exchange is targeting a go-live date on its automation project of June 19 but it will next week relocate from the central business district to...
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Financial literacy good for informal sector
Financial literacy can benefit any informal sector player regardless of the trade, size of business or educational backgroundSanderson Abel Financial literacy refers to the set of skills and knowledge...
View ArticleThree insurance firms suspended
Walter Muchinguri Assistant Business Editor The insurance and Pension Commission has suspended short term reinsurers KMFS and Global insurance and reinsurer, New Reinsurance Company from underwriting...
View ArticleEconet loses tariff appeal
Fidelis Munyoro Chief Court Reporter Mobile telecommunication giant Econet Wireless was last Friday forced to eat a humble pie when the Supreme Court quizzed how its lawyers filed a hopeless case as an...
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Tobacco sales decline 21pc
Exactly 12 days after sales opened, at least 7,3 million kg of tobacco worth $16, 2 million has been sold at an average price of $2,23 per kgSales of flue-cured tobacco declined by 21 percent to 7,3...
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Bakers Inn reduces bread price
Bakers Inn believe this move will make a difference in the lives of manyBusiness Reporter LEADING bakery, Bakers Inn, has reduced the price of its loaf of bread to 90c with effect from yesterday to...
View ArticleHALA occupancy shoots up
Conrad Mwanawashe Business Reporter HOTELS and Leisure Africa occupancy has shot up to above 70 percent in the last two months from 40 percent in JanuaryChairman Cornelius Nyahunda said occupancy...
View ArticleIvory Coast to limit mobile operators
Johannesburg. – Ivory Coast will cut the number of phone companies that operate in West Africa’s third-largest mobile market to encourage more investment in faster mobile Internet.The government has...
View ArticleCollective bargaining in a challenging economy
Matthias Ruziwa and Alyson Martens “We need to balance the economy first and increase salaries later. It will be a mistake to increase now because the economy can’t sustain any salary increments....
View ArticleZimbabwe to host the IAD summit
TechnoMag Staff Zimbabwe will next month host the largest ICT gathering on the continent, the 13th Innovation Africa Digital Summit (IAD) in Victoria Falls.The event, which is being organised by the...
View ArticleBarclays launches new debit card
Business Reporter Barclays Bank Zimbabwe has launched a new Chip and Pin VISA debit card that offers customers a fast, convenient and secure way to pay for goods and services at any Point-Of-Sale...
View ArticleOil steadies above $55
LONDON – Brent crude oil steadied above $55 a barrel yesterday, not far above the week’s lows, as more evidence emerged of global oversupply that has filled fuel storage tanks around the world.US crude...
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Tough times ahead for miners
Deputy Minister MoyoMartin Kadzere Senior Business Reporter Zimbabwe’s miners are in “a very difficult” situation as the slump in commodity prices coupled with huge overheads is preventing them from...
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