Tourism is South Africa’s ‘rescue operation’
Johannesburg. — THE tourism sector is the “rescue operation” in South Africa’s economy in view of the contraction in the mining and manufacturing sectors, Tourism Minister Derek Hanekom said on...
View ArticleOf debt and individual consumption
Business Editor The journey travelled by the local populace in the last decade has not been encouraging to say the least. Prior to dollarisation, citizens faced a scenario of scarce food commodities in...
View ArticleMeikles workers to control trust
Business Reporter MEIKLES workers say they are being sidelined in the Employee Share Ownership Trust but the company says the workers will this year take over the scheme following the lapse of the...
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Zim women’s huge appetite for success
Victoria Ruzvidzo Business Focus Zimbabwean women have a huge and raw appetite to succeed and make a difference in the nation. This is a conclusion I have reached after attending several seminars and...
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TM, Pick ‘n Pay in Big Brands Bargain Bonanza
TM and Pick ‘n Pay have launched the Big Brands Bargain Bonanza where lucky shoppers stand to win any of the 17 Jeep Cherokees and CompassesBusiness Reporter Meikles Limited retail arm, TM Supermarkets...
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NetOne courts Zesa to boost subscriber base
Nelson Gahadza Business Correspondent Mobile network provider, NetOne says the ZESA pre-paid electricity vending platform through its mobile money service One wallet has potential to grow the...
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Soft drink wage dispute reaches deadlock
Tinashe Makichi Business Reporter The wage dispute between the soft drink manufacturing employees union and manufacturing employers association has reached a deadlock on the issue of wage increase...
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African countries increasingly turning to bonds
Attracted by the prevailing low interest rates, cash-strapped African countries looking to borrow money on international private markets are increasingly turning to Eurobonds as the instrument of...
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Efforts to attract FDI intensify
A local firm has come up with a web-based concept that can be used to entice foreign investors to finance specific key projects such as Shabani-Mashava MinesBusiness Reporter Invest Zimbabwe, a local...
View ArticleMakomo Resources expects three-fold rise in production
Martin Kadzere Senior Business Reporter MAKOMO Resources Limited has started commissioning its coal washing machine, with production expected to rise three-fold, a senior company official said last...
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‘Land titles good for investment, economy’
Professor MyersonBusiness Reporter Land titles to the beneficiaries of the land redistribution programme will encourage investment and enhance economic activity in the country, a Nobel Prize winning...
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Let’s celebrate success
Government needs to start supporting local industries such as Quest Motors to ensure the success of Zim-AssetVandudzayi Zirebwa Buy Zimbabwe THE obsession with negative aspects of our situation in...
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Old Mutual to set up infrastructure fund
Old Mutual is planning to set up funds to support infrastructure and agriculture as part of its contribution to economic activityConrad Mwanawashe Business Reporter OLD Mutual is setting up...
View ArticleBroad money supply surges by $318m
Business Reporter Broad money supply surged by $318 million in the year to May 2014 as the country’s deposits base responded to the positive effects of a successful tobacco season, the latest report...
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Capital markets vital to economic growth
Capital markets are a significant component of the financial services sector as they offer a long term resource mobilisation platform for business communitiesBusiness Editor The Securities and Exchange...
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Barclays launches ‘Cashsend Craze Campaign’
Business Reporter Barclays Zimbabwe has launched a campaign to send money for free to recipients in Zimbabwe through the ATM. The “Cashsend Craze Campaign” that will run until the September 30 2014...
View ArticleHow to stimulate employee commitment
Peter Sibanda As remuneration issues remain a key HR challenge facing many organisations in Zimbabwe, a common dilemma that confronts business leaders is how to stimulate employee commitment even when...
View ArticleAmplats puts up mines for sale
JOHANNESBURG. – Anglo American Platinum Ltd. said it would be willing to sacrifice its status as the world’s largest producer of the metal as it puts some mines up for sale. Amplats is seeking buyers...
View ArticlePension formula based on international benchmarks
Whenever the National Social Security pension scheme is mentioned in the media, regardless of the subject, the article invariably states at some point that the national pension scheme pays paltry...
View ArticleEmerging market debt issuance hits record high
LONDON. - Emerging and frontier market countries have borrowed a record amount of money in capital markets in the first half of this year, even as central bankers warn that “debt market euphoria”...
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