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Cimas offers new membership cards
Business Reporter Cimas Medical Aid Society is currently sending out every week about 9 000 new colour coded membership cards with photographs that are designed to reduce the number of fraudulent...
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IMF likely to cut SA’s growth forecast
Johannesburg. – THE International Monetary Fund (IMF) is likely to cut South Africa’s economic growth forecast for the third time in under a year as it becomes clear that Eskom’s limited electricity...
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Insurance congress comes to Zimbabwe
Business Reporter Zimbabwe will from September 27 to October 2, 2014, host the Insurance Congress of Developing Countries, in Victoria Falls at the Elephant Hills Resort. The congress which is being...
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40 investors bid for Arda estates
Martin Kadzere Senior Business Reporter ABOUT 40 investors have submitted bids to undertake a wider range of business activities at the Agricultural and Rural Development Authority through Public...
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Bindura in re-birth!
Business Reporter BINDURA Nickel Corporation’s long road to recovery, which included five difficult years under care and maintenance, culminated in a strong return to profitability, thanks in part to...
View ArticleSolar investments way to go for Zim
Jeffrey Gogo Climate Story THE major factor influencing investments into Zimbabwe’s electricity sector today is the need to enhance energy generation to satisfy rising consumer demand, met only 50...
View ArticleNECF reduces task-forces
Clara Mawere Business Reporter THE National Economic Consultative Forum (NECF) has reduced its task-forces from 14 to five as it seeks to bring order in the implementation of clusters under the...
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Give workers voice, sense of dignity
Employees’ participation is key for any organisation’s progressPeter Sibanda Employee voice explains the extent to which employees make meaningful input into corporate decisions; their degree of...
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ZSE fees marginally drop
Business Reporter TOTAL costs of transacting on the Zimbabwe Stock Exchange have dropped marginally to 4,19 percent from 4,21 percent, according to new charges gazetted by the Ministry of Finance and...
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Manufacturing sector hit hard by strong dollar
Business Correspondent Zimbabwe’s manufacturing sector has been hit hard by the sharp appreciation of the US dollar, the main currency in use, with the International Monetary Fund estimating an...
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Duration Gold in cost cutting measures
Tinashe Makichi Business Reporter Gwanda-based gold miner Duration Gold will introduce strict cost cutting measures to improve efficiencies to counter the fluctuation of gold prices on the...
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Harare’s new economy! . . . Cranes missing from skyline but CBD’s shy-town...
Mahomed Mussa retailConrad Mwanawashe and Tinashe Makichi The current economic climate characterised by a weak manufacturing sector, lack of cheap funding and low foreign direct investment has resulted...
View ArticleZim to host SADC Sugar Producers’ conference
Business Reporter The Zimbabwe Sugar Association is to host the Annual Conference of the Federation of SADC Sugar Producers on July 23 2014 in Victoria Falls. This is the first time that Zimbabwe hosts...
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Tobacco deliveries improve . . . expected to surpass 210 million kg
Tobacco deliveries are set to top the 210 million kg mark as the season endsBusiness Reporter Tobacco deliveries this year are expected to end above the 210 million kilogrammes mark with 209,8 million...
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NRZ chalks up $17m deficit in five months
NRZ managed to move 3,6 million tonnes of goods in 2013 against a target of 6 million tonnes due to challenges facing various sectors in the economyTendai Sahondo Business Correspondent National...
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June inflation in marginal increase
Month-on-month food and non-alcoholic beverages inflation stood at -0,12 percent in June 2014, gaining 0,18 percentage points on the May 2014 rate of -0,30 percentBusiness Reporters ZIMBABWE’S...
View ArticleZSE income rises 13pc in F13
Business Reporter THE Zimbabwe Stock Exchange recorded a 13 percent increase in income to $1,9 million for the year ended December 31 but the bourse said resolution of key issues by Government...
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BNC to save $9m a year
Tinashe Makichi Business Reporter Bindura Nickel Corporation will save about $9 million annually in transport and logistical costs when the company re-opens its smelting plant next year, a company...
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New kid on the block
It was all pomp and ceremony when one of the newest traditional food outlets GotchaNyama was officially launched at the upmarket Joina City in Harare. Chief Zwelivelile Mandlesizwe Dalibhunga Mandela...
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Zesa to securitise debts, raise capital
Zesa will be able to draw down on the loan from China Eximbank for the expansion of Kariba South Power Station by the end of this monthConrad Mwanawashe Business Reporter POWER utility Zesa Holdings is...
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