Tetrad rejects Militala report
Business Reporter Tetrad Holdings has strongly objected to the report issued by Mr Winsley Militala, its provisional Judicial Manager which recommended its liquidation over the failure to attract...
View ArticlePower tariff cut for ferrochrome producers
Martin Kadzere Senior Business Reporter— The Zimbabwe Electricity Transmission and Distribution Company has reduced power tariff for ferrochrome producers by about 21 percent to improve their...
View ArticleIndependence opened insurance industry to blacks
Walter Muchinguri Assistant Business Editor The attainment of independence in 1980 resulted in the emancipation of black Zimbabweans as it opened up opportunities in various sectors of the economy...
View ArticleInsurance profits down
Business Reporter Profitability for both direct short term insurance and reinsurance business deteriorated during 2014 owing to depressed business growth in the wake of increasing operating expenses,...
View ArticleMurowa diamond output dips
Diamond output at Murowa mine for the first quarter this year dropped to 40 000 carats, a 61 percent decline from the previous quarter, parent company Rio Tinto reported yesterday.Rio Tinto attributed...
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Govt withdraws maize fixed price
The move to do away with price fixing will promote market competitiveness by attracting more buyers of maize, contract farming, trade financing and price stabilisationGrain millers and buyers are now...
View ArticleZesa misses Q1 supply target
Golden Sibanda Senior Business Reporter ZESA Holdings missed its power supply target of 2 334 Gigawatt hours in the first quarter of 2015 due to overhaul works that delayed the return to service of...
View ArticleSoya beans production expected to drop
Martin Kadzere Senior Business Reporter ZIMBABWE’S soya beans production might register a 42 percent drop this year following the decline in financial support to farmers and the late rains, an industry...
View ArticlePotraz defends mobile data charges
Telecoms regulator, the Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz) has defended charges for mobile data and internet services despite concerns from the public that telecoms...
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Educate informal sector players on tax
Informal sector players feel the tax man remains unfair to themSanderson Abel Evidence around the world, even from Zimbabwe shows that a large informal sector acts as an important shock absorber for an...
View ArticleStrengthening SMEs competitiveness through clusters
Dr Gift Mugano Small and medium scale enterprises (SMEs) worldwide play a key role in economic growth and equitable development. The contribution of SMEs to employment generation, poverty reduction and...
View ArticleWelcome to the World of Wi-fi
Wi-fi is mostly associated with the internet and most people understand that when one has a mobile device like a smartphone, tablet or laptop, they can connect to Wi-fi to experience wireless...
View ArticleRecognise your ability to make a contribution
Zachary Aldwin Milkshake in the Boardroom Most people have come across different types of job descriptions at some point in their lives. Depending on the imagination of the author and the type of...
View ArticleConverting defined benefit schemes
Martin Tarusenga The article on defined benefit and defined contribution pension schemes that appeared in the Friday’s issue of the herald raised significant interest from anxious pensioners whose...
View ArticleThe world won’t slow down for Africa to catch up
Dr Noah Manyika Let me start with a confession: I have not always been my well-being’s best friend. I have bristled when others have pointed out my lapses in judgment. I have not always been man enough...
View Article‘Zim has no database on economic enablers’
Business Reporter ZIMBABWE lacks a comprehensive database of its stock of infrastructure for comparison of statistics on access, usage, quality and affordability, critical in formulating policies that...
View ArticleGold gives up gains
SINGAPORE — Gold gave up some of its overnight gains yesterday as the US dollar firmed after earlier losses, with investors keeping their attention focused on the Greek debt crisis and its effect on...
View ArticleMetallon Q1 production up 8pc
Tinashe Makichi Business Reporter Metallon Zimbabwe says Gold production for the first quarter to March 2015 came in 8 percent higher at 24 385 ounces against the same period last year, but 15 percent...
View ArticleIMF commends Govt progress
Tinashe Makichi Business Reporter The International Monetary Fund has commended the Government for making progress in implementing their macro-economic and structural reform programmes particularly on...
View ArticleTetrad creditors want Militala fired
Conrad Mwanashe and Rumbidzayi Zinyuke Tetrad Holdings creditors and investors want provisional judicial manager Mr Winsley Militala sacked for “prematurely” pushing for the bank’s liquidation while...
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