UAE firm seeks funds to start ops
Tinashe Makichi Business Reporter United Arab Emirates-based financial institution, Tabarak Investment Bank has submitted funding proposals to relevant authorities as the bank steps up preparations to...
View ArticleEffects of hazardous substances on human health
Nearly every activity leaves behind some kind of waste in the environment. Households create ordinary garbage. Cars, trucks, and buses emit exhaust gases while in operation. Industrial and...
View ArticleOld Mutual turnover declines
Business Reporter Old Mutual plc revenue for the six months to June this year declined by 17,5 percent as premiums were hurt by South Africa’s fragile economy. Turnover declined to £8 billion pounds...
View ArticleClik here to view.
Stiffer penalties will curb water pollution
People that pollute water should be fined to control pollutionJeffrey Gogo Climate Story INDUSTRIAL and service companies that poison Zimbabwe’s water sources are off the hook, at least until year-end,...
View ArticleClik here to view.
Caledonia Mining cuts profits
Caledonia Mining is reassessing its medium-term plans for Blanket Mine and also stepping up the search for an acquisition both in and outside of ZimbabweBusiness Reporter Blanket Mine’s Toronto Stock...
View ArticleClik here to view.
Holiday incentives can boost tourism revenue: Mzembi
Minister MzembiBusiness Reporter ZIMBABWE’S Tourism and Hospitality Minister Walter Mzembi says holiday incentives for civil servants could help the country achieve its tourism revenue target of $5...
View ArticleWorkers lose hope in Zisco’s revival
Golden Sibanda recently in REDCLIFF More than 2 000 workers at Ziscosteel have lost hope that the much hyped resuscitation of the steel maker would see the light of day as there has been virtually no...
View ArticleClik here to view.
‘Something is happening at Zisco’…But it’s at shareholder level, says Bimha
Minister BimhaHappiness Zengeni Business Editor Industry and Commerce Minister Mike Bimha has said work towards restarting Ziscosteel is so far restricted to Government, as the shareholders, and Essar...
View ArticleStart studying for exams now
Schools closed last week and while most holidays are meant for students to unwind, however, for Grade 7, O and A-Level students this is time to prepare for impending examinations. In this regard this...
View ArticleTelOne replaces underground cables
Tonderai Rutsito TechSpot TelOne has begun replacing old underground cables with high speed fibre optic and copper cables around Harare’s Central Business District. Most of the cables had been lying...
View ArticleEmployer is required to furnish workers with Tax Certificates (Form P6)
In terms of the Thirteenth Schedule Paragraph 14 of the Income Tax Act (Chapter 23:06), an employer is required to furnish employees with Tax Certificates (Forms P6). What Information is on a Form P6?...
View ArticleGovt pays out $1bn in H1
Happiness Zengeni Business Editor Government paid out $1,02 billion as salaries to civil servants in the six months to June, a figure making up 63 percent of total current expenditure. According to the...
View ArticleClik here to view.
Less talk, more action at NewZim Steel
Four years down the line there seems to be very little happening at NewZim SteelVictoria Ruzvidzo Business Focus When I visited India in 2011, I had the opportunity to meet up with senior executives...
View ArticleClik here to view.
Ethiopian Airlines targets to fly 18 million passengers
Passengers relax aboad Ethiopian airlines’ Dreamliner while waiting for takeoff at Harare International Airport last weekConrad Mwanawashe Business Reporter The largest airline in Africa, Ethiopian...
View ArticleClik here to view.
Twitter debuts trial of video-advertising service
Mr CostoloSan Francisco. — Twitter Inc is introducing video advertisements, seeking to broaden its revenue sources after finding that clips embedded in tweets are effective at drawing attention and...
View ArticleNSSA invests $156m into productive sectors
Golden Sibanda Senior Business Reporter The National Social Security Authority has invested $156 million into the productive sectors of the economy through various commercial banks. General manager Mr...
View ArticleOil near 13-month trough on brisk supply
SINGAPORE — Brent crude slipped below $103 a barrel Yesterday to trade near its lowest level in more than a year as ample supply countered any disruption risks posed by lingering tension in Iraq and...
View ArticleClik here to view.
ChemiCotex to set up toothpaste plant
Whitedent competes well with products like Colgate and Aquar FreshMartin Kadzere Senior Business Reporter CHEMICOTEX, one of east Africa’s top fast moving consumer goods manufacturers in partnership...
View ArticleMeikles Mega eyes Gweru
Tinashe Makichi Business Reporter Zimbabwe Stock Exchange-listed group Meikles Limited’s retail arm, Meikles Mega Market will soon open a branch in Gweru as it looks to extend its forays further into...
View ArticleIrrigating farmers should pay for water
Winter cropping is now in full swing and most farmers are looking forward to harvests ranging from average to bumper ones. Those involved in horticulture are also smiling all the way to the bank as...
View Article