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National Foods to invest $8,3m in plants

About $4 million of the total investment will go towards fixing the flour milling plantTinashe Makichi Business Reporter National Foods Holdings Limited plans to invest about $8,3 million towards...

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ZSE loses $538m in 10 months

Business Reporter Zimbabwe Stock Exchange has so far lost about $538 million of its value in the first 10 months of the year. Statistics from ZSE show that the bourse’s market capitalisation stood at...

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Indian investor eyes ZimAlloys

Business Reporters FERROCHROME producer ZimAlloys requires between $24 million and $30 million to fix three of the firm’s dilapidated furnaces to ramp production and turnaround its fortunes.An Indian...

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Nigeria passes Cybercrime Bill

The Senate has passed a broad bill, which criminalises child pornography, cyberstalking, identity theft, and hacking government computers. The draft law, known as the Cybercrime Bill, had been debated...

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The Billionaire’s mindset!

Victoria Ruzvidzo Business Focus At a time when money is hard to come by for most people, talking about millions of dollars and even billions might appear to be out of sync with reality. Who is...

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Pursue the 80/20pc lifestyle

Shelter Chieza Change Management It is hard to believe that 20 percent of something can determine 80 percent of the results. If you look around, you may be convinced of the reality of this case. In...

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US Jobless claims rise

NEW YORK. — Applications for unemployment benefits rose by 3 000 to 287 000 in the week ending October 25th. Despite the increase in the latest week, the 4-week moving average was the lowest than at...

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Tax amnesty explained

In an effort to encourage our valued clients to regularise their tax affairs, Government has, through the Finance Act (No 2) of 2014 published on 17 October 2014, made provisions for the granting of a...

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Tourist arrivals set to rise

International tourist arrivals are this year expected to rise by between 4 percent and 4,5 percent above the initial forecast of 3,8 percent, the United Nations World Tourism Organisation has...

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Joint Venture to expand inputs scheme

The Joint Venture, a company owned by the ZANU-PF Youth League and Lasch Enterprises which recently launched a $2,4 billion agricultural revolving fund, on Tuesday said it is now targeting to expand...

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Tetrad extends creditors scheme

Tetrad Investment Bank has extended its creditor’s scheme of arrangement to January next year effectively putting on hold the payment of its creditors as the re-capitalisation process continues to...

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Court to decide on $45m gems seized in Belgium

Minister ChidhakwaGolden Sibanda Senior Business Reporter A BELGIAN court will today decide on an order obtained by South African firm Amari Platinum, seeking to attach proceeds of 500 000 carats of...

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Airzim engages Canadian manufacturer

Transport and Infrastructural Development Minister Dr Obert Mpofu (centre) pays attention while Bombardier director sales Africa and Midle East Mr Sameer Adam explains how the Q400 works at the Harare...

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Honda Fit 2015: A car to watch out for

Tinashe Makichi Motoring Reporter Honda has managed to infiltrate the Zimbabwean market by extensively marketing its Honda Fit to suit the affordability of low middle to lower middle class of...

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What is Labour market flexibility?

Alyson Martens, Matthias Ruziwa HR Isssues At its 2013 congress, the Confederation of Zimbabwean Industry suggested that the existing labour laws were burdening productivity and industrial...

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How to deal with fallen ZETDC wires

From time to time ZETDC wires (conductors) fall down to the ground due to vandalism or faults. In the interest of safety the public is advised to keep away from such situations, as it is not possible...

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GSMA launches mobile money code

CAPE TOWN. – THE GSMA has launched a Code of Conduct for Mobile Money providers. The code, announced in Cape Town, South Africa, outlines a series of common business principles to enable the...

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Is this the end of Trauma Centre’s ordeal?

Lovemore Chikova Features Writer It all started in 1996 when Dr Vivek Solanki established the Trauma Centre at 17 Lanark Road in Harare. Then, no one knew that the facility would be embroiled in one of...

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Ruling on diamonds case set for next month

Conrad Mwanawashe Business Reporter Judgment in the confiscated $45 million Zimbabwean diamonds case will be delivered on December 4 after a Belgian judge heard the matter yesterday. The Belgian court...

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Chinamasa castigates NGO bosses

Tinashe Makichi Finance and Economic Development Minister Patrick Chinamasa yesterday castigated Non-Governmental Organisation bosses for diverting development funds to personal use instead of...

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