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Colcom to increase pig output capacity
During the year ended June 30, Colcom’s Triple C Farms delivered 56 570 pigs, down from 58 184 herds in the previous comparable periodBusiness Reporter PORK producer Colcom Holdings Ltd says it expects...
View ArticleInnscor spends $48m on expansion
Tinashe Makichi Business Reporter CONGLOMERATE Innscor Africa Limited invested a total of $48 million towards capacity expansion and funding the company’s working capital requirements in the full year...
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POSB gets mortgage licence
POSB will offer 10 years mortgages at an annual interest rate of 12 percentBusiness Reporter THE People’s Own Savings Bank has obtained a licence from the Reserve Bank of Zimbabwe to start a mortgage...
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Diaspora policy draft unveiled
Minister MpofuConrad Mwanawashe and Tinashe Makichi— ZIMBABWE has unveiled a draft National Diaspora Policy that will put in place mechanisms and an institutional framework to receive diaspora...
View ArticleEconet mulls listing Liquid
Golden Sibanda Senior Business Reporter Econet Wireless Group is considering a separate listing next year for subsidiary Liquid Telecom on an as yet unnamed major exchange in Europe, founding chairman...
View ArticleBlanket eyes 80 000 gold ounces by 2021
Tinashe Makichi Business Reporter Toronto Stock Exchange Listed, Caledonia Mining Corporation has completed developing a tramming loop and sinking a new central shaft as it eyes production of 80 000...
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ZSE market cap sheds 23pc
Business Reporter THE Zimbabwe Stock Exchange market capitalisation has shed 23 percent of its value to $3,94 billion since the beginning of this year, as liquidity continues to choke companies.ZSE...
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Emirates voted Best International Airline
Business Reporter Emirates, which flies daily from Harare to Lusaka and Dubai, has been voted the Best International Airline by the Association of Zimbabwe Travel Agents (AZTA) for the fourth year...
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Old Mutual boss named Chartered Secretary of the Year
Mr MushoshoBusiness Reporter Old Mutual Zimbabwe chief executive John Mushosho is the 2014 Chartered Secretary of the Year. The runner-up was Hwange Colliery finance manager Gift Sibanda. ICSAZ...
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‘Make a difference to economies’
Business Reporter The Eastern and Southern African Management Institute director-general, Professor Bonard Mwape, says Africa needs a new generation of professionals who can have a positive influence...
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Zim, EU sign five financial agreements
Head of the EU Delegation to Zimbabwe Ambassador Philippe Van Damme (left) and Secretary for Finance and Economic Development Mr Willard Manungo (right) exchange copies of five financial agreements...
View ArticleFarmers organisations are critical to agriculture
Sanderson Abel The coming aboard of various farmer organisations should have been a welcome move but unfortunately it wasn’t because the benefits that arose from these were minimal as the majority of...
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Banks sign trilateral co-operation agreement
Business Reporter Stanbic Bank Zimbabwe’s parent company, Standard Bank Group, signed a trilateral business co-operation agreement with Woori Bank and the Industrial and Commercial Bank of China (ICBC)...
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Govt steps up efforts to transform ZIA
Minister MpofuBusiness Reporter Zimbabwe Investment Authority’s report on restructuring will be submitted to Cabinet next week as Government steps up efforts to transform the authority into a world...
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Cam & Motor to re-open next year
Business Reporter CAM and Motor, once Zimbabwe’s largest gold mine is expected to resume production next year, its parent company, RioZim Limited said in a statement yesterday.RioZim, a diversified...
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Meikles expects firm performance
Business Reporter LISTED concern Meikles Limited expects a solid performance in the coming years when a number of initiatives begin to pay off. Among the initiatives currently underway is the expansion...
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Gold miners need $600m to retool
Minister ChinamasaGolden Sibanda and Sabastian Mubvumbi ZIMBABWE’S loss making large-scale gold producers require an estimated $600 million to recapitalise over the next five years, as they battle...
View ArticleFrench investors engage Govt
Tinashe Makichi Business Reporter French investors are currently engaging Government and other stakeholders over the possibility of striking business partnerships in different sectors of the economy,...
View Articlestarafrica considers debt to equity swap
Tinashe Makichi Business Reporter Listed sugar refiner, starafrica corporation is considering a debt to equity swap to clear its debt which is now sitting at $60 million while also searching for a...
View ArticleAmsterdam: Creativity and Innovation
Called “the Venice of the North” thanks to its charming network of canals, Amsterdam is a destination rich in culture and heritage. A creative, innovative city and home to a long list of well-known...
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