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Govt works on industrial relations framework

Minister GochePeter Matambanadzo recently in VICTORIA FALLS Government is working on establishing the Zimbabwe National Productivity Institute, an industrial relations framework that seeks to deal with...

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Maize deliveries to GMB rise 231percent

Business Reporters MAIZE deliveries to the Grain Marketing Board have risen 231 percent since the beginning of the 2014 marketing season in April, a senior Government official said. Farmers have so far...

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Govt expenditure overruns persist

Happiness Zengeni Business Editor Government expenditure overruns persisted in May although at a much slower pace than recorded in April, latest data from Treasury shows. According to the state of the...

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More risks still remain despite BNC turnaround

Business Editor Bindura Nickel Corporation last week reported increased revenue of $65,01 million from $1,026 million recorded in the prior year. The group said the performance was as a result of the...

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SA experts roped into Econet inquiry

The Competition and Tariff Commission has roped in South African-based competition analysts to help with the case against EconetHappiness Zengeni and Tinashe Makichi The competitions authority has...

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Blanket Mine gold production up

Production at Blanket Mine was up 9,6 percent to 11 223 ounces compared to the same period last yearBusiness Reporter CALEDONIA Mining Corp said gold production at its Zimbabwean unit, Blanket Mine,...

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Consequences of low national savings

Sanderson Abel Saving is the process of setting aside a portion of current income for future use. The resources accumulated in this way over a given period of time are referred to as “savings”. Savings...

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Zim’s trade deficit narrows to $1,76bn

Fiona Chigwida Business Correspondent The country’s trade deficit narrowed to $1,76 billion in the six months to June from $2,37 billion last year, a decrease of 25,74 percent. Latest data from ZimStat...

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Zim should mend ties with international community

Ambassador DelahousseTinashe Makichi Business Reporter Zimbabwe needs to regain the confidence of its international partners and the global business community for the Zimbabwe Agenda for Sustainable...

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Govt to formalise SMEs

Business Reporter Government plans to engage big companies on the possibility of opening micro finance institutions to capacitate small to medium enterprise companies for them to start making a...

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Ghana reviews budget amid missed targets

ACCRA. – GHANA Finance Minister Seth Terkper was yesterday due to present to parliament a mid-year review of the budget statement and economic policy of government for consideration and adoption. The...

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MTC invests $37m in tobacco inputs

Mashonaland Tobacco Company (MTC) invested $37 million in inputs given to 12 600 farmers who grew tobacco on a contract basis during the 2013 /14 agricultural season, Parliament heard on Tuesday....

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Nissan shuts down SA plant as strike intensifies

Johannesburg – Nissan Motor joined carmakers including Toyota Motor Corp and Ford Motor in halting production in South Africa as a strike by metalworkers cut auto-component supplies. Nissan has...

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FML launches new franchise business

Business Reporter First Mutual Life’s new franchise business is expected to contribute about 13 percent of budgeted new business to the company’s premium income across all lines, an official has said....

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Telecel introduces debit card

Telecel mobile financial services director Mr Nkosinathi Ncube (right) addresses journalists during the launch of the Telecel debit card yesterday. Looking on is Telecel communications and branding...

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United Refineries to raise cooking oil output

Business Reporter UNITED Refineries Ltd, a Bulawayo based agro processor is set to raise cooking oil output due to improved availability of cotton seed while it intends to resume stock feed production....

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NetOne reincarnates the call box

NetOne has reinvented the old “callbox”. This is a public telephone system that used to be operated by the then Post and Telecommunications Corporation, through the introduction of their own network...

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Econet subscribers pass 9 million mark

The Competition and Tariff Commission has roped in South African-based competition analysts to help with the case against EconetBusiness Reporter Econet grew its subscribers by 4,1 percent in the first...

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David Whitehead to resume operations

Martin Kadzere Senior Business Reporter TEXTILE firm David Whitehead will resume operations in the next two months after the completion of maintenance work and the procurement of working capital...

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‘Standards key to economic growth’

Nhlanhla Dube Business Reporter International standards experts have singled out standardisation of locally manufactured products as a catalyst to the success of the Zimbabwe Agenda for Sustainable...

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