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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...

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Hippo 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...

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Zim 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...

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Kia 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...

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Zim 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...

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Mwana 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...

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GMO 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...

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ZSE 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...

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Buy 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...

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RBZ 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...

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Tap 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...

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Zim’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...

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Govt 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...

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New ‘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...

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Lafarge 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...

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Medical 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...

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Cambria 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...

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Cambria 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...

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Cheap 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...

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Raw 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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