Potraz to review licensing framework
Golden Sibanda Senior Business Reporter THE Postal and Telecommunications Regulatory Authority of Zimbabwe says the current service specific licensing framework is being reviewed because the obsolete...
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175 MW solar plant on the cards
Zimbabwe is among the few countries in Southern Africa with the best conditions for solar photovoltaicBusiness Reporter Solar projects which include De Green, Geo-base, and YellowAfrica, Plum Solar and...
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Comesa signs MoU with Microsoft
Sindiso NgwenyaTinashe Makichi Business Reporter The Common Market for Eastern and Southern Africa has signed a Memorandum of Understanding with global technology group, Microsoft, in a bid to...
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ISUZU’s my15 KB range
Tinashe Makichi Motoring Corespondent South Africa’s foremost pick-up specialist Isuzu has broadened the appeal of the iconic KB by adding three configured derivatives to the range, bringing the tally...
View Article‘Zim should target fiscal sustainability’
Golden Sibanda Senior Business Reporter ZIMBABWE should aim to achieve a 30 percent growth in fiscal space by 2018 in an endeavour to improve quality of spending towards high impact social and capital...
View ArticleNew ipec board appointed
Business Reporter GOVERNMENT has appointed a six member Pensions and Insurance Commission Board chaired by ex-AfrAsia chief executive Mrs Lynn Mukonoweshuro.Other members of the new IPEC board include...
View Article‘Lack of branch lines affecting NRZ’
Lack of tracks that branch into midway stations is making it difficult for the National Railways of Zimbabwe to compete with road transport, leading to massive loss of business, a senior official has...
View ArticleSimbisa debuts on ZSE
Tinashe Makichi Business Reporter Simbisa Brands on Friday listed on the Zimbabwe Stock Exchange and immediately firmed up stock market performance by making an 88,76 percent contribution to the day’s...
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Govt, BAT sign MoU
Minister ZhuwaoMunesu Nyakudya Business Reporter The Government and the British American Tobacco Zimbabwe’s Tobacco Empowerment Trust have signed a memorandum of understanding (MoU) aimed at enhancing...
View ArticleGovt rescues Cottco
Martin Kadzere Senior Business Reporter GOVERNMENT has come to the rescue of cash strapped Cottco Holdings after agreeing to provide inputs to support the company’s contract farming programme this...
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Hydro power investments under threat
Climate change is expected to have an adverse effect on water in rivers and dams such as KaribaJeffrey Gogo Climate Story The intensity of the current energy crisis, which in part results from the...
View ArticlePOSB targets SMEs
The People’s Own Savings Bank (POSB) said last week it is directing the bulk of its loans towards the small to medium enterprises (SMEs) as parts of its efforts to support the growing informal sector....
View ArticleAll set for African securities exchanges conference
Business Reporter The African Securities Exchanges Association – a premier association of 25 securities exchanges from across the continent – will hold its annual conference at the end of this week....
View ArticleTitan, Goodyear in tyre licence agreement
NEW YORK. – Titan International, Inc yesterday announced that it entered into a licensing agreement with The Goodyear Tyre & Rubber Company. The licence agreement allows Titan to distribute and...
View ArticleIMF harps on behavioural reforms among bankers
NEW YORK. — The International Monetary Fund (IMF) has stressed the need for appropriate governance framework to be put in place to support ethics in financial institutions globally. The fund, however,...
View ArticleMTN CEO resignation ‘not admission of guilt’
JOHANNESBURG. — The resignation of MTN’s group chief executive officer Sifiso Dabengwa should not be seen as an admission of wrongdoing, the operator’s spokesperson said. MTN yesterday confirmed that...
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NSSA embarks on door-to-door inspections
The National Social Security Authority (NSSA) said it is embarking on door-to-door inspections of businesses in three provinces as part of a blitz that seeks to encourage companies to pay pension...
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Japan extends $15m grant to Zim
Japanese Ambassador to Zimbabwe Yoshi Tendai Hiraishi (second from left) shakes hands with Finance and Economic Development Minister Patrick Chinamasa after the signing ceremony for a grant to support...
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Investor Protection Fund falls: SECZ
Mr ChinamoThe Securities and Exchange Commission of Zimbabwe (SECZ) says the Investor Protection Fund (IPF) decreased to $5,8 million as at September 30, 2015 from around $6,2 million last year owing...
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ShoreCap officials visit Zimbabwe
RBZ Governor Dr. John MangudyaBusiness Reporter Officials of ShoreCap II Limited, an international investment fund accompanied by the fund’s manager, Equator Capital Partners of the United States are...
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