SMEs struggle to innovate
Business Reporter The world’s small and medium business owners are struggling to innovate due to competing business priorities and lack of appropriately skilled employees, a global survey said.The...
View ArticleMoza cities on spotlight for inclusive growth
MOZAMBICAN cities have emerged as the municipalities with the highest potential for inclusive growth in Africa, thanks to increasing foreign direct investment (FDI) and improving levels of transparency...
View Article‘Mongolia, Angola are most exposed to China’
How do you gauge a commodity exporter’s exposure to China? It sounds simple: the greater the share of commodities in a country’s exports, and the more those exports go to China, the greater the threat...
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ART narrows loss to $590k
Listed diversified group Amalgamated Regional Trading (ART) Corporation remained in the red but narrowed its loss for the full year ended September 2015 to $590 000 from $1,1 million last year on the...
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Nampak Zim FY revenue takes 5pc hit
Listed packaging group Nampak Zimbabwe reported a 5 percent decline in revenue to $95,9 million for the year to September 30, 2015 on the back of low aggregate demand.Nampak Zimbabwe is the local unit...
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China could be a game changer in Zim
President Mugabe talks to his Chinese counterpart President Xi Jinping during a media briefing at Harare International Airport before the latter’s departure for South Africa recentlyPersistence...
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Push for flour import ban sucks in Innscor
Business Reporter A recent proposal to ban flour imports has sucked in diversified group, Innscor Africa Limited through its subsidiary Natfoods in what has been described as a move to support the...
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Xi’s visit pays off for power projects
FLASHBACK . . . President Mugabe poses for a photograph with his Chinese counterpart Xi Jinping during his visit to China last yearBusiness Reporter Chinese President Xi Jinping’s historic State visit...
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Invasive foreign pests spell disaster
Jeffrey Gogo Climate Story AS Zimbabwe marked its National Tree Planting day last Saturday (December 5), putting into the ground thousands of the native fruit-tree, Munzviru (Velvet wild Medlar),...
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ZSE free fall continues
Business Reporter The Zimbabwe Stock Exchange market capitalisation declined for the ninth consecutive month, shedding 9,38 percent to $3,66 billion in November, reflecting the chronic challenges...
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Econet adds $300m to debt stock
Econet Wireless Zimbabwe chief executive Douglas MboweniBusiness Reporter Econet Wireless has added to its huge debt stock after announcing yesterday it will get $300 million of the $500 million loan...
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Seed Co to focus on open market sales
Seed Co Limited group chief executive Morgan Nzwere and Finance Director John Matorofa at the half-year results for September analysts’ briefing last week. Seed Co reported an 11 percent increase in...
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MicroKing takeover deal collapses
Minister ChinamasaBusiness Reporter A deal to acquire former AfrAsia Financial Holdings subsidiary, MicroKing by foreign investors, has reportedly collapsed after revelations that the Deposit...
View ArticleLife-cycle stages every business experiences
How do you turn a startup into a thriving enterprise? That is the question Les McKeown, serial entrepreneur, best-selling author and the CEO and founder of consulting firm Predictable Success sought to...
View ArticleChina’s forex reserves down $87,2bn
BEIJING. — China’s foreign exchange reserves, the world’s largest, fell by $87,2 billion in November to $3,44 trillion, central bank data showed yesterday, indicating a pick-up in capital outflows that...
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Taxmen tackle illicit financial flows, tax evasion
Mr PasiBusiness Reporter African revenue administrations met in Lome, Togo, recently under the banner of the African Tax Administration Forum (ATAF) to find solutions to curb illicit financial flows...
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Econet set to launch pay TV
Business Reporter Pan African telecommunications group Econet Wireless Global plans to launch a “multi-screen” pay television service over the next few months. Econet Wireless Zimbabwe’s parent company...
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COMESA resolves 95pc of non-tariff barriers
Business Reporter A total 95,9 percent of all the reported non-tariff barriers to regional trade in COMESA have been resolved since the introduction of the online system of reporting, monitoring and...
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MicroKing acquisition still on track
Business Reporter THE Deposit Protection Corporation has allayed fears that discussions for the disposal of former AfrAsia subsidiary, MicroKing, have collapsed, saying the deal is on and ready for...
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Govt, IFAD sign $60m facility
Minister ChinamasaConrad Mwanawashe Business Reporter GOVERNMENT and the International Fund for Agriculture and Development (IFAD) have signed a five-year $60 million facility for sustainable poverty...
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