Of entrepreneurship and employee resilience
Peter Sibanda So after a long discussion on entrepreneurship with a friend I decided to just read a bit about xerophytes. Xerophytes are plants that have changed their physical characteristics to...
View ArticleInside agriculture: A magnified view
Evans S Zininga In this information era, it is only fair that we all participate accordingly in educating and empowering the nation. It is on that note, that I hereby introduce this weekly...
View ArticlePioneer acquires controlling stake in Tredcor
Business Reporter Transport and logistics company, Pioneer Corporation Africa Limited has acquired a controlling interest in Tredcor Zimbabwe which is one of the largest tyre manufacturers in the...
View Articlestarafrica completes refinery upgrade
Business Reporter Sugar processor starafricacorporation has completed the $7 million upgrade of its Harare Goldstar sugar refinery plant, lifting its capacity to 600 tonnes from 350 tonnes per...
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Zim-China trade pacts benefit bus operators
Business Reporter The Zimbabwe-China trade agreements signed during President Mugabe’s visit to the Asian country have started to bear fruits with some bus operators already importing buses under the...
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Gold producers hail royalties review
Nelson Gahadza Business Correspondent The Gold Producers Federation says the recent review of gold mining royalties by Government is a positive step which will address the viability challenges facing...
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3 500 invade Altim timber plantations
Minister Saviour KasukuwereBusiness Reporter OVER 3 500 illegal occupants have settled on the country’s biggest timber producer, Allied Timbers’ plantations in a development that has paralysed...
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Inflation heads southward, again
Business Reporter The annual inflation rate trended southward again in July, dropping 0,16 percentage points to 0,15 percent in August, but analysts believe the rate will stay in positive territory....
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Metallon reshuffles management
Tinashe Makichi Zimbabwe’s largest gold mining group, Metallon gold has undertaken a management reshuffling exercise targeted at improving the company’s operations.Mr Kenneth Mekani who was serving as...
View ArticleZibawu calls for Stanbic boycott
Business Reporter The Zimbabwe Banks and Allied Workers Union has called for a boycott of Stanbic Bank as it presses ahead with its protracted collective job action against the bank over salaries and...
View ArticleRole of key players in financial literacy
Sanderson Abel In recent years, financial literacy has gained the attention of a wide range of major financial institutions, government agencies, grass-roots consumer and community interest groups, and...
View ArticleDPC unlikely to pay all closed banks’ depositors
Walter Muchinguri Assistant Business Editor The Deposit Protection Corporation (DPC) is unlikely to pay all the depositors of closed banks as a good number of depositors had low balances when the...
View ArticlePerfect Bakery closes operations
Locally owned bread maker Perfect Bakery has closed operations, leaving over 400 workers jobless. The bakery, owned by Gift Mabvudza, began operations in 2009 and had capacity to deliver bread in most...
View ArticleTIMB to raise $12m for office complex
Business Reporter. Tobacco Industry and Marketing Board is raising $12 million required for the construction of its four storey office complex through mortgage finance and savings ahead of a targeted...
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‘Telecel copied my idea’
Golden Sibanda Senior Business Reporter TRUMBELT Computers, a local private company suing Telecel for infringement of intellectual property rights, claimed in court yesterday that the mobile network...
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Minister Chinamasa to headline ICAZ Conference
Minister ChinamasaBusiness Reporter Finance and Economic Development Minister Patrick Chinamasa is going to address the Institute of Chartered Accountants Zimbabwe Investors Conference to be held in...
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Sanganai/Hlanganani buyers,exhibitors pull out
Karikoga KasekeBusiness Correspondent Buyers and exhibitors who had registered attendance for the 9th edition of the Sanganai/Hlanganani travel expo, are reportedly withdrawing the participation from...
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Bakers require $300m for retooling
Tinashe Makichi Business Reporter The bakery industry requires about $300 million that will go towards replacing obsolete equipment with new and sophisticated technology to improve capacity.Zimbabwe...
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Old Mutual blocks TA scheme
TA Holdings’ scheme of arrangement failed to go through yesterday after Old Mutual voted against the transaction for Masawara to acquire the entire issued share capital of the company.Masawara...
View ArticleTTCS wins SAP Top Partner Awards
JOHANNESBURG – Twenty Third Century Systems (TTCS), the Pan African business solutions provider, has received top international awards, which is testament to the company’s meteoric rise over the years....
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