European shares slip
LONDON. — European shares slipped to a two-month low yesterday, tracking losses on Wall Street and in Asia as markets positioned for data that could determine if the US Federal Reserve starts trimming...
View ArticleCelebrating local industry
Vandudzai Zirebwa Buy Zimbabwe Buy Zimbabwe held its inaugural Buy Zimbabwe Awards on December 11, 2013. The essence of the awards was to celebrate the remarkable and outstanding roles played by local...
View ArticleA small car with lots of Spark
Fact Jeke Behind the Wheel Not your regular urban run-about — a statement that aptly describes the Chevrolet Spark with its innovative design and edgy styling. Introduced to our market about three...
View ArticleMoves underway to boost US, Russia trade
Washington. — Russia is proposing to boost trade with the US with a comprehensive package of agreements on issues including investment and regulations, a Russian government official said. The...
View ArticleGolden Peacock roosts in Mutare
Isdore Guvamombe Tourism Matrix At night, the eye is fed on the cacophony of twinkling and, at times, sashaying lights with the streets on the suburbs identified as lines of low flowing traffic from...
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New rules for asset management firms
A NEW set of rules and requirements for asset management firms and collective investment schemes will only be adopted next year after consultations with industry players, the Securities and Exchanges...
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ZB unveils loan facility for informal traders
Blessing Bonga Business Reporter ZB BANK yesterday unveiled an interest-free informal traders loan facility aimed at tapping deposits from the informal sector and improve the bank’s liquidity, acting...
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3 mining State firms’ boards dissolved
MINISTER CHIDHAKWAMINES and Mining Development Minister Walter Chidhakwa has dissolved the boards of three mining State enterprises after some members of the previous boards ran for or took up...
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Econet, banks renew feud
Martin Kadzere and Golden Sibanda BANKS are once again up in arms with Econet Wireless over the mobile phone operator’s refusal to give them access to its network platform to freely roll out their...
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AfSun to dispose of Dawn stake
The Elephant Hills Hotel in Victoria Falls was one of the beneficiaries of the UNWTO General Assembly in AugustHappiness Zengeni Business Editor HOTEL group African Sun is seeking to reduce its...
View ArticlePowerspeed geared for rapid growth
Farai Murambiwa Business Correspondent Powerspeed released a pleasing set of financials for the period ended September 30 2013, buoyed in the main by the transformation of the company from a...
View ArticleStart planning for next year now
Nyaradzo Mavindidze Motivation Now is the perfect time to be thinking about how to leverage your business for 2009. It’s time to start thinking strategically about the year ahead. Here’S a list of 10...
View ArticleJericho makes waves in SA
JERICHO Advertising Zimbabwe has, for the second year running, now, been the only non-South African advertising agency listed by Adfocus, the prestigious South African Advertising and Marketing Annual...
View ArticleRussia closes 3 more banks
MOSCOW. — Russia’s central bank said last week it had withdrawn the licences of three more banks in a crackdown on shady financial activities a day after President Vladimir Putin renewed a drive to...
View ArticleTobacco boom vs deforestation
Jeffrey Gogo Climate Story Tobacco remains a very important revenue earner for Zimbabwe, but the crop is an environmental menace. The processes under which it is produced have docked 15 percent or...
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Ipec ready to endorse EcoFarmer
Mr Pupurai TogarepiKudakwashe Pembere Business Reporter THE Insurance and Pensions Commission says it is on the verge of giving approval to the deal between Econet Wireless Zimbabwe and Cell Insurance...
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Stockfeeds output set to grow
PRODUCTION of stockfeeds is expected to grow 24 percent in 2014 to 503 000 metric tonnes per annum driven by high demand particularly in the poultry industry.Stockfeed Manufacturer’s Association of...
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ABC minority shareholders slam door on ADC offer
Mr Douglas MunatsiBusiness Reporter ABC Holdings directors are part of minority shareholders that have made irrevocable undertakings that they will not accept the buyout offer by majority shareholder...
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RBZ to consider new Cairns offer
Golden Sibanda Senior Business Reporter THE Reserve Bank of Zimbabwe is expected to make a determination on a revised offer by prospective South African investor Vasari Global for its 67 percent stake...
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Innscor faces US$60m fine
Mr Alex KububaRumbidzai Zinyuke Business Reporter ZIMBABWE Stock Exchange-listed Innscor Africa was found guilty of not following proper regulatory procedures in its acquisition of a majority stake in...
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