Vendors: Chinamasa on point, Tsvangirai misfires
The issue of informal street vending has drawn all sorts of emotions across the divideMy Two Cents Happiness Zengeni It’s been a while. A lot has been happening. Sanlam Insurance is making a re-entry...
View ArticleHippo Valley revenue up 8pc
Business Reporter HIPPO Valley Estates Limited revenue for the year to March 31 rose by 8 percent to $146,8 million compared to $136,1 million in the same period last year on the back of a significant...
View ArticleZim assets most valuable: Mwana
Mr MpingaBusiness Reporter MWANA Africa considers Zimbabwean assets to be the most important to the multi-commodity group’s portfolio because they hold the best financial opportunity, chief executive...
View ArticleKia Motors unveils new vehicle models
Kia SportageTinashe Makichi Motoring Reporter KIA Motors Corporation last week unveiled new vehicle models, which the group hopes will boost its plans to consolidate its market share in Zimbabwe.The...
View ArticleZim improves global competitiveness
South African President Jacob Zuma speaks at the opening plenary session of the World Economic Forum (WEF) on Africa in Cape Town yesterday. Zimbabwe is represented by business leaders such as...
View ArticleMwana directors retire ahead of EGM vote
Mr Kalaa MpingaBusiness Reporter MWANA Africa plc shareholders have narrowed their differences ahead of the crucial extra ordinary general meeting after CIMGC, a substantial shareholder and Mr Yat Hoi...
View ArticleGMO labelling: SAZ to unveil standard, but. . .
Jeffrey Gogo Climate Story LAST year Mr Bothwell Chidziwa picked up a packet of cereal from a supermarket shelf in Gwanda, convinced he was buying stuff produced organically.But the 34 year-old soon...
View ArticleZSE automates trading on July 3
Automated trading on the Zimbabwe Stock Exchange (ZSE) will go live on July 3, 2015 and not an initial June date following the completion of infrastructure development that included setting up of a...
View ArticleBuy Zim hosts buy local summit
Vandudzai Zirebwa Buy Zimbabwe Ten days to go!Buy Zimbabwe, the country’s National Buy Local Campaign, is hosting the 5th Buy Local Summit from June 17 to 19 at the Elephant Hills Hotel in the Resort...
View ArticleRBZ to unbundle gold buying unit
Business Reporter THE Reserve Bank of Zimbabwe intends to unbundle its gold buying and printing division, Fidelity Printers and Refiners, into two units to enhance efficiency and increase transparency...
View ArticleTap into informal sector, banks urged
Banks should come up with innovative products to lure funds from the informal sector, the Bankers Association of Zimbabwe (BAZ) has said. An estimated $7 billion is circulating outside the banking...
View ArticleZim’s fiscal space remains constrained: AfDB
Business Reporter The African Development Bank (AfDB) says Government borrowing has remained the main driver of domestic credit growth since November 2013 as the country’s fiscal space remains...
View ArticleGovt mulls mining skills audit
Business Reporter The Ministry of Mines and Mining Development has assigned the Zimbabwe Economic Policy Analysis and Research Unit (Zeparu) to audit skills gap in the mining sector to enable...
View ArticleNew ‘Cape to Cairo’ trade pact hailed
President MugabeThe launch of a free trade agreement by three African economic blocs in Egypt this week will be an important step towards a potentially game-changing common market spanning the...
View ArticleLafarge to invest more on plant upgrades
Lafarge’s plant upgrades will push its volumes to 500 000 tonnes of cement per annum from 390 000 tonnesTinashe Makichi Business Reporter— Zimbabwe Stock Exchange-listed cement manufacturer Lafarge...
View ArticleMedical assistance for crash victims on cards
Conrad Mwanawashe Business Reporter THE Insurance Council of Zimbabwe (ICZ) is in talks with medical and emergency services providers on a facility to offer on-the-spot assistance to passengers injured...
View ArticleCambria Africa engages major shareholder for cash injection
Golden Sibanda Senior Business Reporter LONDON-listed Zimbabwe-focused investment holding company Cambria Africa Plc has engaged majority shareholder Ventures Africa Limited for fresh funding to end a...
View ArticleCambria Africa engages major shareholder for cash injection
Golden Sibanda Senior Business Reporter LONDON-listed Zimbabwe-focused investment holding company Cambria Africa Plc has engaged majority shareholder Ventures Africa Limited for fresh funding to end a...
View ArticleCheap milk imports hurt Zim dairy industry
An influx of cheap imported milk products on the market is negatively impacting on the operations of the local dairy industry, a representative body for the sector has said.In a report, the Zimbabwe...
View ArticleRaw sugar producer price drops 8pc
The producer price for raw sugar in Zimbabwe this year has decreased by 8 percent to $517 per tonne from last year’s closing price, an official has said.At the end of the last marketing season the...
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