Court orders Telecel to hand over minutes
Business Reporters The High Court has ordered Telecel Zimbabwe to handover copies of resolutions passed by its board and minutes of all meetings held since March 2010 to its suspended acting...
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RM Insurance to rebrand to Old Mutual
Mr TerryBusiness Reporter RM Insurance is set to be rebranded to Old Mutual Zimbabwe as part of a strategy to align its subsidiaries to the main Old Mutual brand, The Herald Business has leant. Old...
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Chinamasa, Chidhakwa in Russia to court investors
Minister ChidhakwaHappiness Zengeni Business Editor Finance and Economic Development Minister Patrick Chinamasa and Mines and Mining Development Minister Walter Chidhakwa are in Moscow to court...
View ArticleCZI congress roars into life
Conrad Mwanawashe in Mutare The Confederation of Zimbabwe Industries congress roars into life today in Mutare with several manufacturing company executives expected to congregate for brainstorming on...
View ArticleHALA extend tentacles to local market
Hospitality concern, Hotels and Leisure Africa (HALA) said yesterday it will invest a combined $18,5 million in its operations this year until the end of 2015 as it seeks to extend its tentacles on the...
View ArticleRediscovering your sales appeal
The SalesGuru The sooner we accept this reality, the more effective we will be in our businesses, careers and even relationships. We are all sales people now! Sales can be loosely defined as an...
View ArticleCommunity-based organisations, waste management
Poor waste management remains a challenge to urban local authorities throughout Zimbabwe. The volume of waste being generated continues to increase at a faster rate than municipal authorities can...
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Mwana Africa to continue operating in Zimbabwe
Mr Kalaa MpingaLondon Stock Exchange listed mining giant, Mwana Africa Plc says it will continue operating in Zimbabwe despite the challenging operating environment for businesses. “The single biggest...
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Schneider Electric partners local firm
Laurent DelahousseBusiness Reporter SCHNEIDER Electric, a French based energy company has signed an exclusive agreement with Samansco, a local renewable energy firm to distribute its solar powered...
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The importance of group savings
Saving clubs are critical in the mobilisation of resourcesSanderson Abel Lower income people can save only small amounts individually, which are usually not enough to invest in productive activities....
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Govt to settle tobacco retention debt
Mr Charles MsipaHappiness Zengeni Business Editor Government has issued about $30 million worth of Treasury Bills of between two to five years to local banks to offset outstanding amounts owing to...
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Kariba rehabilitation set for next year
Tendai Sahondo Business Correspondent— Implementation of the Kariba Dam rehabilitation project is expected to commence early next year, the African Development Bank (AfDB) resident representative, Mr...
View ArticleQuestions on pre-payment meters answered
Frequently asked questions on prepayment meters continued. Question 9: Is there any set limit for purchase of electricity for prepaid meters? Answer: For now minimum denominations for purchase of...
View ArticleIndustrialists lack position on currency issue
Conrad Mwanawashe in Mutare Industrialists are not agreed on what single currency Zimbabwe should adopt beyond the multi-currency regime, with some angling for the adoption of the South African rand...
View ArticleGovt puts sale of Homelink stake on hold
Martin Kadzere Senior Business Reporter GOVERNMENT has put on hold the sale of Reserve Bank of Zimbabwe’s 100 percent shareholding in Homelink Ltd for undisclosed reasons, sources familiar with the...
View ArticleAfrican bond sales to exceed record
Pretoria. – Sales of African corporate and sovereign bonds in 2014 are set to beat last year’s record amount of $16,6 billion, according to Standard Bank Group Ltd, the continent’s biggest lender....
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Facility to recapitalise ailing firms on cards
Minister BimhaGovernment is negotiating with the Industrial Development Corporation and the Reserve Bank of Zimbabwe to set up a facility to fund recapitalisation of ailing strategic companies....
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Tight liquidity continues to choke Zim-Asset
Minister ChinamasaMartin Kadzere Senior Business Reporter The prevailing tight liquidity challenges continue to be the biggest drawback to Government’s efforts to turnaround the economy through its...
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Oil slips on increased supply
LONDON. – Brent crude slipped below $106 a barrel yesterday as higher Organisation of Petroleum Exporting Countries output and disappointing demand in the US outweighed tensions in the Middle East,...
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Dendairy to seek heifer project approval
The heifer project is expected to boost the company’s productivityTinashe Makichi Business Reporter Kwekwe-based dairy concern, Dendairy plans to table a proposal before Government seeking approval for...
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