China’s interest rate cuts not start of QE: Experts
BEIJING. — China’s central bank cut interest rates starting yesterday in the face of inflationary pressure and economic headwinds, but experts say the step should not be interpreted as the start of...
View Article‘Cereal prices go up in Southern Africa’
Prices of cereals are starting to go up in some countries in the Southern African region due to low production outlook following a poor rainfall season which resulted in reduced yields, the Food and...
View ArticleCaledonia retains disposal of non-core operations plans
Caledonia Mining Corporation says it retains plans to dispose of non-core operations and focus on boosting the capacity of its main asset, the Gwanda-based gold producer Blanket Mine.The Blanket gold...
View ArticleMzembi to finalise visa issues with China
Golden Sibanda Senior Business Reporter TOURISM and Hospitality Industry Minister Engineer Walter Mzembi might join a delegation led by Vice President Emmerson Mnangagwa to China this week to finalise...
View ArticleZesa extends pre-paid meter tender
Felex Share Senior Reporter Zesa Holdings has extended the prepaid meter tender to add an additional 150 000 units following an outcry by prospective bidders that they had not been given enough time to...
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Western Union, Moneygram merger rapped
The merger between Western Union and Monegram will create a monopolyACCRA. — A RIVAL global money transfer firm has warned against a possible merger between Western Union and Moneygram. Ismail Ahmed,...
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Preventing work-related accidents benefits society
Minister ChidhakwaMatthias Ruziwa and Alyson Martens HR ISSUES “The troubling question is why the occupational safety and health situation does not significantly improve even when professionals of a...
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Choppies plans to raise $48m
JOHANNESBURG. — Botswana grocer Choppies plans to raise $48 million in a secondary listing on the Johannesburg bourse, it said yesterdayThe grocer is seeking to boost its profile among investors in...
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NSSA investment policy under review
Martin Kadzere Senior Business Reporter GOVERNMENT has started reviewing the investment policy framework of the National Social Security Authority to place more emphasis on developmental...
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Sable power debt rises to $132m
Tinashe Makichi Business Reporter The Zimbabwe Electricity Transmission and Distribution Company is owed $132 million by Sable Chemicals from $123 million recorded in December last year but the power...
View ArticleMolefe optimistic about continent’s energy potential
CAPE TOWN. – Eskom acting chief executive Mr Brian Molefe is upbeat about the energy opportunities that exist in the continent, saying these could be realised through collaborations.In a speech read on...
View ArticleCambria’s deputy board chairperson steps down
Business Reporter Southern Africa focused investment company, Cambria’s deputy board chairperson Mr Paul Turner has stepped down from the board resulting in it remaining with two members.Mr Turner...
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Great Dyke explores for platinum in Darwendale
Business Reporter GREAT Dyke Investments has embarked on large-scale exploration of platinum deposits in Darwendale where it intends to set up an integrated platinum facility at a cost of $4...
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‘Increase Zim’s exports to Mauritius’
Zimbabwean firms should boost business linkages with Mauritian firms to increase their exports to that country, an official has said. Increasing Zimbabwe’s exports to Mauritius will also help in...
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Embracing the concept of financial literacy
Sanderson Abel What is financial literacy? Financial Literacy is the ability to use financial knowledge and skills to manage financial resources effectively to improve an individual’s financial...
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Tetrad provisional order extended
The High Court last week extended the current provisional order for Tetrad Investment Bank’s judicial management to August 6 while subsidiary TFS Management has been placed under provisional...
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Takura eyes majority stake in Cairns
Cairns has made significant recovery as its bottom line has been growing steadilyGolden Sibanda Senior Business Reporter INVESTMENT holding company, Takura Capital, is reportedly set to acquire...
View ArticleWill Silicon Valley AgTech really grow with farmers?
If you’ve any doubt that technology is in a rush to disrupt agriculture, consider the scene at this week’s AgTech Silicon Valley 2015 conference.Amid well-attended sessions covering the Internet of...
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 roll-out with FiOS and Infinity to name just a few example products in those...
View ArticleWhat’s in store for our economy?
Victoria Ruzvidzo Business Focus Yesterday I came across an invitation to a Christian conference in the United States where the host intends to lead discussion on what the world number two economy is...
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