Eurozone jittery over Greece’s foot dragging
BRUSSELS. — Greece’s newly installed finance minister arrived at a crucial meeting of his Eurozone peers yesterday without the new bailout proposal the group had expected to receive, according to a...
View ArticleZim Food Expo moved to Thursday
Business Reporter THE Zimbabwe Food Conference and Expo has been moved to tomorrow due to the need to give some Government ministers who were moved in the recent Cabinet reshuffle to ac- climatise.Some...
View ArticleCZI develops business index
The Confederation of Zimbabwe Industries (CZI) says it has developed a quarterly business confidence index (QBCI) to enhance its engagement with stakeholders.The index, which is based on the Japanese...
View ArticleAfrica its own biggest investor, says report
CAPE TOWN – African pension fund capital has reached $340 billion and is growing rapidly. In addition, increasing adoption of insurance around the continent is causing insurance company investment...
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Deriving maximum value from your bank
Bank clients should understand that a bank is not just a source of loans or merely a safe repository of your savings but is able to provide other services beneficial to the client.Sanderson Abel...
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Econet in major cost cutting drive
Douglas MboweniBusiness Reporter Econet Wireless Zimbabwe is seeking a 15 percent price cut from both international and local suppliers as part of the group’s cost cutting measures.The group in a...
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MTN CEO steps down
Ahmad FarroukhJOHHANESBURG. – MTN Group Ltd says Ahmad Farroukh, the chief executive officer of the wireless carrier’s South African unit, has resigned amid strikes and declining sales in the company’s...
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Tobacco sales down 15pc
This year’s crop was affected by heavy rains that delayed the harvesting and subsequently the opening of the auction floorsMunesu Nyakudya Business Reporter Tobacco Industry and Marketing Board (TIMB)...
View ArticleCSD helps bring down ZSE transaction costs
Business Reporter THE cost of transacting on the Zimbabwe Stock Exchange eased marginally, 0,052 percent, following the full dematerialisation of all the listed stocks, which was completed last...
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Govt remits $61m to PSMAS
Mr Willard ManungoBusiness Reporter The Ministry of Finance has made strides in clearing its arrears with the Premier Service Medical Aid Society (PSMAS) which could restore the medical aid society to...
View ArticleTelOne, Potraz host infrastructure sharing symposium
TelOne Centre for Learning (TCFL), an affiliate of the Southern African Telecommunications Association (SATA) in collaboration with the Coleago Consulting (UK) and the Postal and Telecommunications...
View ArticleMaking business plans for innovation spaces
Kudzai Mubaiwa Business Hub In this week’s instalment we look at the last six elements in developing a business plan for an innovation space. It helps to treat the new incubator or innovation space...
View ArticleHorizon Ivato backs Buy Zim, eyes 100pc local content
Business Reporter Horizon Ivato Zimbabwe has said it is now moving towards a 100 percent local content on basic goods at its supermarket at the LongCheng Plaza. Branch supervisor Mr Given Nyaumba said...
View ArticleExperts warn US, UK over eavesdropping
San Francisco. – Prominent technology experts have warned that US and UK government demands for greater powers to crack encrypted private data could weaken internet security and hamper online...
View ArticleGreece submits new loan request
ATHENS – Greece, running out of money and under a tight deadline from European leaders, yesterday requested a three-year loan from the Eurozone’s bailout fund.But other than alluding to plans to begin...
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Zinara urged to maintain Airport Road
Business Reporter The Institute of Project Management (IPM) yesterday told the Zimbabwe National Road Administration to effectively maintain the Harare International Airport road for it to reach its...
View ArticleSmall-scale gold deliveries soar
Conrad Mwanawashe Business Reporter GOLD production by small-scale miners has tripled to about 600kg a month from 200kg a month following the deployment of Fidelity Printers and Refiners security...
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Telecel in ‘amicable’ talks over licence
Troubled telecommunications firm Telecel Zimbabwe said yesterday it is still locked in “amicable” discussions with Government over reinstatement of its operating licence which was cancelled in May.The...
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What the National Budget needs to do
Minister ChinamasaDr Gift Mugano Correspondent The general macro-economic environment has been characterised by tight fiscal space, liquidity crunch, soaring trade deficit, low capacity utilisation and...
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Vandalism, theft cost ZESA $30m
Golden Sibanda Senior Business Reporter POWER utility Zesa Holdings lost about $30 million worth of equipment due to vandalism and theft in the last 18 months, resulting in interruption of power supply...
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