Understanding credit and banking sector
Sanderson Abel It is important to realise that efficient allocation of savings through the identification and funding of entrepreneurs with the best chances of successfully implementing innovative...
View ArticleClik here to view.
BAT Zimbabwe optimistic
BAT Zimbabwe boasts an impressive portfolio of brands, and sells its products nationally. For many years the company operated in Zimbabwe with very little or no competition at all. Today the company...
View ArticleClik here to view.
Tobacco farmers earn US$4,9m
Some of the farmers at the official opening of the auction floors at Tobacco sales floor in Harare.Business Reporter TOBACCO farmers have so far earned US$4,9 million after the sale of 2,05 million...
View ArticleClik here to view.
Anchor Holdings seeks US$4,5m
Tinashe Makichi Business Reporter ZIMBABWE’S sole yeast manufacture, Anchor Holdings limited is seeking US$4,5million from the Government to retool its manufacturing plant in Gweru. The absence of the...
View ArticleClik here to view.
Govt to set up SPV for RBZ debt
Minister ChinamasaBlessing Bonga Business Reporter GOVERNMENT intends to create a special purpose vehicle (SPV) that will assume the Reserve Bank of Zimbabwe’s debt estimated at US$1,35 billion outside...
View ArticleClik here to view.
Mwana Africa sacks chairman
Golden Sibanda Senior Business Reporter— Mwana Africa Plc, the parent company of Bindura Nickel Corporation and Freda Rebecca, has sacked non-executive board chairperson Mr Mark Wellesley-Wood amid...
View ArticleClik here to view.
Africom offers 100mb data, unlimited calls for US$1
Mr MutswiriAfricom, one of Zimbabwe`s pioneers in converged communication in Zimbabwe has unleashed an aggressive marketing strategy with so much value for a US$1 as they seek relevance in a hotly...
View ArticleSony to close 20 US retail stores
WASHINGTON. – Sony is closing 20 US retail stores as part of the streamlining of the Japanese electronics and entertainment giant. The company said in a statement Wednesday the move would leave 11...
View ArticleBeneficiation takes time: Mhembere
Golden Sibanda in Victoria Falls Value addition and beneficiation of the country’s minerals should be seen as an incremental and gradual “step by step” process and not as an event, Chamber of Mines of...
View ArticleEconomic recovery should be driven from within
Albert Norumedzo On the Money A story is told of two men who got shipwrecked out at sea far away from home, they were eventually washed onto an island in the middle of the sea. On the island they faced...
View ArticleClik here to view.
Malwatte Farm House: The perfect stopover
Malwatte Farm House has a warm barIsdore Guvamombe Tourism Matrix Dotted indigenous and exotic trees sway and sing with the rhythm of the easterly winds as unperturbed birds chat and effortlessly...
View ArticleClik here to view.
Settle Ecocash, Telecash agent ‘wars’ urgently
Telecel Zimbabwe chief commercial officer Mr Ashraf El Guindy (centre) responds to questions during the launch of telecash last week flanked by the Mobile Financial Services director Mr Nkosinathi...
View ArticleClik here to view.
Zimplats’ half year profit up
Zimplats’ revenue increased by 51 percent to US$267 millionBusiness Reporter ZIMPLATS, the country’s largest platinum miner said its half year profit climbed 604 percent as sales volume gained due to...
View ArticleClik here to view.
Mash Holdings revenue drops 4pc
Mashonaland Holdings is funding new lift installations projects at ZB Life Towers and ZB CentreMASHONALAND Holdings’ revenue in the four months to January was 4 percent lower than last year’s at US$2,5...
View ArticleClik here to view.
Old Mutual declares bonus on Guaranteed Fund
Old Mutual Life Assurance Company has declared a 17,5 percent bonus on the Guaranteed Fund for the year ended December 31, 2013Old Mutual Life Assurance Company (OMLAC) has declared a 17,5 percent...
View ArticleClik here to view.
Gold steadies off four-month high
LONDON. – Gold prices steadied yesterday off the previous day’s four-month high, under pressure from a firmer dollar, while buyers of coins, bars and jewellery in Asian markets held off in anticipation...
View ArticleClik here to view.
Tobacco earnings hit US$9,7m mark
Business Reporter TOBACCO farmers have so far earned US$9,7 million after the sale of 3,6 million kilogrammes of flue-cured tobacco since the season began last week. The tobacco was sold at an average...
View ArticleClimate change: Human casualties on the increase
Jeffrey Gogo Climate Story TARINGA Vhareta (42) of Dambakurima Village in Muzarabani was on January 28 attacked and killed by a stray hippo along Mataure River while he was working in his field. The...
View ArticleEurozone jobless, inflation rates steady
BRUSSELS. – The eurozone unemployment rate was steady at a near-record 12 percent in January, with a modest economic recovery yet to produce any sharp headline improvement, while February inflation was...
View ArticleCairns seeks US$8m for recapitalisation
Blessing Bonga Business Reporter Food and beverages manufacturer, Cairns Foods needs a capital injection of about US$8 million for the purchase of new machinery and refurbishments in order to boost its...
View Article