Work-related accidents increase
At least 45 people have died in accidents at the workplace while 2 700 have been seriously injured since January this year, up from 35 deaths and 2 200 injuries recorded during the same period in 2013,...
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ABC set to benefit from fundraising
Business Reporter Listed financial institution ABC Holdings is set to benefit from the second fundraising done by soon-to-be major shareholders Atlas Mara. The Atlas Mara group is said to have raised...
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Mwana Africa poised for growth in Zim, DRC
Freda RebeccaThe steady tick up of the share price of Mwana Africa over the last six months mirrors a stream of steady positive news flow reported by the company this year. The firm, which operates the...
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Zim, India sign air service agreement
Minister MpofuClara Mawere Business Reporter INDIAN Airlines may start flights to Zimbabwe following the signing of an air service agreement between Government and India in Harare yesterday. The...
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Sino Hydro set to get Hwange contract
Minister MavhaireBusiness Reporter ZIMBABWE Power Company has proposed to give Sino Hydro a contract to expand Hwange Thermal Power Station after the winning bidder China Machinery Engineering Company...
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Call for policies that attract FDI
Mr George GuvamatangaBusiness Reporters ZIMBABWE’s economy has never had significant Foreign Direct Investment inflows even during both the “successful” years and the colonial era, industry captains...
View ArticleBuy local, save jobs
Vandudzai Zirebwa Buy Zimbabwe The latest figures from Zimstats indicate that the period January to May 2014, Zimbabwe’s trade deficit increased to $1,4 billion up from close to $400 million the first...
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Bikita Minerals to invest into exploration
Tinashe Makichi Business Reporter Zimbabwe biggest lithium miner, Bikita Minerals is set to invest into exploration activities for tantalite in order to grow its portfolio, taking advantage of the...
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Dishonest industrialised countries stalling progress
Under the 196-member Kyoto Protocol, Annex I countries are legally bound to reduce emissionsJeffrey Gogo Climate Story INDUSTRIALISED countries must show improved political and financial will to...
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Dairiboard targets 25 percent market share
Dairiboard employees busy at workConrad Mwanawashe Business Reporter DAIRIBORD Zimbabwe targets to capture 25 percent of the traditional beverages market share by December spurred on by its new...
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Pay increase dents Govt financials
Mr Gershem PasiHappiness Zengeni Business Editor— Government returned to deficit in April after an under-performing revenue line and an increase in employment costs. Latest figures from the...
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TM loses Avondale branch premises
TM Supermarkets, one of the country’s leading retail chains has been evicted from its Avondale branch following a dispute with its landlord, Avondale HoldingsFidelis Munyoro Chief Court Reporter...
View ArticleSA rand steadies
Johannesburg. – THE rand was steady at firmer levels yesterday morning, buoyed by news that the five-month strike in the platinum sector has come to an end. The Association of Mineworkers and...
View ArticleDomestic savings key to reducing interest rates
Sanderson Abel The main argument that has been put forward at various forums and in various forms is the suggestion that the banks have been charging very exorbitant interest rates on loans and...
View ArticleAmcu, miners disagree over potential job cuts
Johannesburg. – Differences over possible job cuts in South Africa’s platinum mines emerged yesterday as the Association of Mineworkers and Construction Union mining prepared to sign a three-year wage...
View ArticleOil falls as Iraqi data eases concern about supply
SINGAPORE — Brent crude slipped below $114 a barrel on yesterday, as data showing near-record high oil exports from Iraq indicated supplies remained unaffected by the escalating violence in...
View ArticleMTN launches Mobile Money Visa card
JOHANNESBURG. - MTN South Africa has announced that the Mobile Money Visa card was available as the company positioned itself as a leader in providing financial services that drive economic inclusion...
View ArticleGold little changed, but platinum gains as strike ends
SINGAPORE — Gold was little changed on yesterday as investors watched developments in violence-wracked Iraq, while platinum steadied after two days of losses as the strike in South Africa came to an...
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Textile factories rendered redundant…as firms import clothes worth $2m
Top companies such as Edgars, Topics, TM Supermarkets, Truworths and Greatermans are importing finished clothes making Government’s efforts to protect the manufacturing sector futileConrad Mwanawashe...
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Virginia tobacco deliveries near 200 million kg
Business Reporter Virginia tobacco deliveries received under the auction and contract systems are on the verge of reaching the 200 million kilogrammes mark this year. This will be the second time...
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