Paperless transactions hit $1,3bn
Business Reporter PAPERLESS transactions through mobile devices and internet reached $1,3 billion in the first three months to March, according to statistics from the Reserve Bank of Zimbabwe,...
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Pros and cons of shutting down Telecel
Telecel has 2,5 million subscribersTonderai Rutsito Tech Spot Over the past weeks I have read with interest a number of stories with various headlines expressing opinions by various stakeholders over...
View ArticleChoppies completes JSE secondary listing
Choppies completed its secondary listing on the Johannesburg Stock Exchange on Wednesday as it seeks to raise $48 million on the South African bourse for expansion in East and Southern Africa.Choppies...
View ArticlePensions Commission of Inquiry long overdue
Martin Tarusenga Almost a year after Government announced its decision to set up a Pensions Commission of Inquiry to determine rightful benefits from pension and insurance contracts and almost four...
View ArticleTurnall requires $2m for working capital
Business Reporter Turnall Holdings requires $2 million for working capital in the short-term in order to boost operations although there has been a vast improvement in performance following the...
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‘Cooking oil sector set to meet local demand’
Mr MoyoConrad Mwanawashe Business Reporter THE newly elected Confederation of Zimbabwe Industries president Mr Busisa Moyo has said the cooking oil sector is expected to cover local demand which is...
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Sibanda calls for constructive engagement on debt relief
Dr Misheck SibandaGodfrey Gavure Business Reporter Government says there must be constructive engagement on debt relief for poor countries to allow for the effective implementation of the 17...
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Zim might lift export ban on chrome
Deputy Minister MoyoBusiness Reporter ZIMBABWE may lift its export ban on raw chrome to boost viability of miners and improve liquidity, Mines and Mining Development Deputy Minister Fred Moyo said.He...
View ArticleDairibord’s $8m investment pays off
Golden Sibanda Senior Business Reporter Dairibord Holdings has started reaping the fruits of its $8 million capital expenditure with a stellar performance between January and April where volumes went...
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Call to break salaries, production mismatch
FBC Chairman Herbert Nkala (right) shares a lighter moment with former ABC Holdings chief executive Doug Munatsi at the launch of the Central African Stock Exchanges handbook on WednesdayBusiness...
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Meikles on WEF shortlist
Mr MoxonTinashe Makichi Business Reporter Zimbabwe Stock Exchange Listed retail group, Meikles Limited has been shortlisted as a World Economic Forum Global Growth Companies 2015 candidate.Each year,...
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Tackling climate change in agriculture vital
Government plans to spend $24,4 million for the ongoing dam construction, maintenance or expansion projects at Tokwe-Mukosi, Osborne, Semwa and Mutange, according to the 2015 BudgetJeffrey Gogo Climate...
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Fidelity Life Assurance records 38pc growth
Mr ChaperekaConrad Mwanawashe and Godfrey Gavure FIDELITY Life Assurance recorded total income growth of 38 percent in the four month period to April compared to the same period last year driven by the...
View ArticleZim-China trade shrinks 43pc
Martin Kadzere Senior Business Reporter TRADE between Zimbabwe and China, one of the country’s largest trading partner shrunk 43 percent in the first quarter compared to the same period last...
View ArticlePotraz to monitor mobile money transactions
The Postal and Telecommunications Regulatory Authority (POTRAZ) intends to monitor traffic and revenues that telecommunications companies generate instead of relying on data that they provide, a tender...
View ArticlePearl Properties’ revenue surpasses budget
Business Reporter Listed property developer Pearl Properties’ revenue for the four months to April 2015 was ahead of budget at $2,89 million but 3,15 percent below the 2014 position.The rental yield...
View ArticleZim trio for WEF
Business Reporter Three Zimbabweans from the Global Shapers Community in Zimbabwe will be representing the country at the World Economic Forum on Africa 2015, scheduled to take place in Cape Town ,...
View ArticleMixed fortunes for Masimba
Conrad Mwanawashe Business Reporter MASIMBA Holdings saw mixed fortunes for its group companies in the period to April with Proplastics recording a 7 percent growth in volumes while turnover at the...
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Edgars ventures into financial services
Edgars revenue for four months to April this year increased 12,6 percent compared to the same period last year but was 2,5 percent below budgetMartin Kadzere Senior Business Reporter ZIMBABWE Stock...
View Article‘R&D critical to building strong brands’
Tinashe Makichi Business Reporter Local companies should emulate global companies in making budgets that go towards research and development to meet different market dynamics, an industry expert...
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