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Cargill closes local cotton business
Martin Kadzere Senior Business Reporter AGRO-focused firm, Cargill has closed its local cotton business citing operational challenges. Cargill, which had more than 20 000 farmers under its cotton...
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Innscor creates stock feeds monopoly
Innscor has created a monopoly in the stock feeds sector after acquiring a controlling stake in PROfeedsHappiness Zengeni and Tinashe Makichi Innscor Africa has effectively created a monopoly in the...
View ArticleSecurity company warns firms on safeguarding data
JOHANNESBURG. – WITH an ongoing increase in threat vectors, largely brought on by the proliferation of business trends such as cloud computing, Bring Your Own Device, and the Internet of Things,...
View ArticlePowertel learn from their mistake
TechnoMag Telecommunication organisations especially the cellphone service providers have of late been trying to outdo each other as a way of attracting business while neglecting the key fundamentals...
View ArticleNew product marketing requires creativity
Shelter Chieza Change management It is not always easy to get people to believe or buy into in a new product no matter how great it is. This is the reason why most people or companies are reluctant to...
View ArticleZSE to create new bourse
The Zimbabwe Stock Exchange intends to create a new bourse, dubbed the Zimbabwe Emerging Enterprise Market (ZEEM), where emerging companies with growth potential can list, an official said yesterday....
View ArticleEuropean banking regulator bans dubious bonuses
London. – Europe’s top banking regulator moved to close a loophole that allows banks to sidestep limits on bonuses by awarding staff payments under different names. The European Banking Authority said...
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Consumer Protection Bill to cover e-services
Minister BimhaConrad Mwanawashe Business Reporter Online service providers will come under scrutiny as Government’s Consumer Protection Bill will be extended to cover e-services. Until now, consumers...
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Engen invests $7m to bolster retail network
Engen Holdings Zimbabwe managing director Mr Crem Mapfumba addresses stakeholders during a breakfast meeting hosted by the company yesterdayTinashe Makichi Business Reporter Fuel retailer, Engen has...
View ArticleZSE to put listing rules in SI form
Golden Sibanda Senior Business Reporter The Zimbabwe Stock Exchange is working on putting new listing rules in statutory instrument format before seeking their approval by the regulator, having...
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Innscor Africa restructures
Business Reporters Innscor Africa is set to change its management team as the group prepares to review its business model to focus more on regional operations following a slowdown in the profitability...
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‘Wheat stocks at critical levels’ . . . as NRZ’s capacity comes under scrutiny
The country has less than two weeks wheat cover due to the National Railways of Zimbabwe’s low uptake of wheat from MozambiqueConrad Mwanawashe Business Reporter —- A SHORTAGE of wheat is looming as...
View ArticleEfficient use of electricity
The country is currently facing a power supply deficiency, which is manifesting in load shedding. This is due to regional and local power supply constraints. ZETDC is taking all the necessary measures...
View ArticleGovt, banks agree on fund allocation criteria
Government and banks that are disbursing the Youth Development Fund (YDF) have agreed on a new framework which compels beneficiaries to have guarantors in case of default, a cabinet minister has said....
View ArticleCUT Hotel gets additional star
Martin Kadzere Senior Business Reporter CUT Hotel continues to live up to its vision of becoming a beacon of excellence in hospitality and tourism training and service after it recently acquired...
View ArticleNew Isuzu KB double Cab: Bigger, bolder and stylish
Tinashe Makichi Motoring The all-new sixth generation Isuzu KB arrived in Zimbabwe quietly compared to the noise that greeted the arrival of the Isuzu KB 300 double Cab. It is quite surprising that the...
View ArticleZim CEOs have no working culture
My Two Cents Happiness Zengeni After having taken a trip to tour the new sharing economy start ups in the United States, discoveries were made about how American corporate culture has evolved from the...
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Cotton output declines to 4-year low
Martin Kadzere Senior Business Reporter ZIMBABWE’S cotton output in the 2013 /14 season declined to its lowest level in four years as farmers continue shifting from the crop to better rewarding crops...
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Gulliver looks beyond borders
Walter Muchinguri Assistant Business Editor Distressed engineering concern, Gulliver Consolidated Limited is looking beyond the country’s borders for major infrastructure projects that will help...
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Meikles in bid to raise $25m
Tinashe Makichi Business Reporter MEIKLES Limited plans to raise about $25 million from third parties to finance its gold mining venture in Matabeleland to be spearheaded by its subsidiary, Meikles...
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