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Managing fiscal demands vital
Mounting fiscal pressure has consequently put enormous pressure on the taxman to rise to the occasion through increased taxationAlbert Norumedzo In the Money As the country makes efforts to revive the...
View ArticleZimAlloys pins hopes on Gweru plant
Tinashe Makichi Business Reporter Ferrochrome producer, Zimbabwe Alloys has pinned its revival hopes on processing dumps at its Gweru plant after signing an agreement with a Chinese mining company,...
View ArticleMain Corporate Actions
Share Buybacks A share buyback is a corporate action undertaken by a company to repurchase its own existing shares from current shareholders or a purchase by a subsidiary of shares in its holding...
View Article‘Farmers should partner with Govt,SAZ’
The European Union has called on local horticulture farmers to partner with Government and key agencies such as Standards Association of Zimbabwe to fully benefit from preferential access to the $170...
View ArticleAuthority empowered to investigate water use
There have been a lot of cases where people, mainly farmers and borehole owners in Harare’s residential areas have complained about Zimbabwe National Water Authority (ZINWA) personnel visiting their...
View ArticleOutcry over Kariba REDD+ Project….as NGO seeks to tighten governance,...
Jeffrey Gogo Climate Story CRACKS are beginning to emerge in the implementation of Zimbabwe’s biggest privately-funded project aimed at reducing emissions from deforestation and forest degradation...
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Zim urged to engage Asian market
Zimbabwe needs to diversify export baseZimbabwe needs to engage the Asian market to remove trade barriers and diversify their export base reducing reliance on the European Union and the United Sates,...
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Mimosa revenue up 4pc
The zanu-pf Government has ordered platinum producers in Zimbabwe to build a refinery, which will boost employment and beneficiation will ensure higher product prices. Above is a section of Mimosa...
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Govt, banks agree on youth fund criteria
Minister NhemaGovernment and banks that are disbursing the Youth Development Fund have agreed on a new framework, which compels beneficiaries to have guarantors in case of default, a cabinet minister...
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ZERA patient with power producers
Eng MagomboBusiness Reporter The Zimbabwe Energy Regulatory Authority says it will give prospective independent power producers, licensed to plug yawning supply deficits, time to work on their...
View ArticleZim misses revenue target
Business Reporter Zimbabwe missed its revenue target in the quarter to September as most heads underperformed, a latest report on revenue performance by the Zimbabwe Revenue Authority shows. Net...
View ArticleHealth and safety on farms
By Steve Mapfumo The land reform programme, a masterpiece that has been received with mixed feelings the world over has come and gone. The excitement it brought has stayed in some families but in...
View ArticleNMBZ CEO Mushore to step down
Tinashe Nhari Business Reporter National Merchant Bank of Zimbabwe Holdings Limited chief executive officer Mr James Mushore will step down from the position with effect from October 31, 2014 due to...
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Produce quality goods or close, firms told
Business Reporters THE consumer watchdog, Consumer Council of Zimbabwe wants companies failing to produce quality and competitive goods to shut down. CCZ wants companies such as Willowvale Mazda Motor...
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Lobels acquires new production line
Lobels has made huge investment aimed at increasing capacity for both Bulawayo and Harare operationsBusiness Reporter Lobels Zimbabwe has acquired a new production line which will increase bread...
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Cotton stocks set for new highs
Mumbai. – Thanks to a rebound in world agricultural output in the northern hemisphere, there has been a sharp downturn in commodity prices in recent months. Falling crude oil prices and strengthening...
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Hwange Colliery loans get nod
Martin Kadzere Senior Business Reporter The Indian government has approved an $18 million loan facility for Hwange Colliery Company Ltd through the Export and Import Bank of India, an official has...
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Indian firm clinches Zesa deal
Golden Sibanda Senior Business Reporter Indian industrial engineering firm Jaguar Overseas Limited has won the tender to rehabilitate Harare Thermal Power station. Sources at power utility Zesa...
View ArticlePlatinum prices lowest in 5 years
Platinum prices have fallen to the lowest in almost five years, as slowing growth outside of the US has aroused concerns about demand for the precious metal. It has been a bumpy year for platinum, used...
View ArticleZimplats records decrease in production
The country’s largest platinum producer Zimplats recorded a 13 percent decrease in production as the closure of its Bimha Mine in August took its toll on mill throughput. In a trading update for the...
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