Zimbabwe tops COMESA food chart
Tinashe Makichi Business Reporter Zimbabwe has come out tops as the country satisfactorily addresses its food security situation after registering a 77 percent growth in cereal production the previous...
View ArticleAfrica’s hope from G20 Summit
Emmanuel Nnadozie This year, the grouping sought to address the global growth challenge in an ambitious and meaningful way, by focusing, among other things, on empowering development so that developing...
View ArticleKasukuwere warns poachers
Jeffrey Gogo Climate Story Environment, Water and Climate Minister Saviour Kasukuwere has promised tougher action against continuing cyanide wildlife slaughtering, and wants to see the justice system...
View ArticleRelationship between Zinwa, local authorities
Availability of water in both urban and rural areas is a critical subject that is inevitably linked to national economic and social development. It is precisely for this reason that the Government of...
View ArticleCentral Securities Depository – What is it all about?
The Securities & Exchange Commission, in terms of the Securities and Exchange Act [Chapter 24:25], Sections 68-86 granted a provisional licence to Chengetedzai Depository Company, to operate a...
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Job losses loom as Cottco restructures and moves into soya and tobacco
Conrad Mwanawashe Business Reporter THE Cotton Company of Zimbabwe is set to undergo a restructuring that may lead to job losses and expansion of its business to include other crops. Cottco will also...
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Mzembi eyes 2m Chinese tourists
Minister MzembiGolden Sibanda Senior Business Reporter TOURISM and Hospitality Minister Walter Mzembi has targeted to attract at least 2 million visitors from the 200 million outbound Chinese...
View ArticleHippo Valley Estates’ plant upgrade cuts costs
Tinashe Makichi Business Reporter Hippo Valley Estates’ investment in plant upgrade has resulted in a $26 million cost reduction as the company steps up efforts to improve sugar output beyond 300 000...
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Low consumer spending hits OK
FEELING THE HEAT . . . Low disposable incomes have affected OK Zimbabwe earningsNelson Gahadza Business Correspondent— OK Zimbabwe does not expect an improvement in the operating environment in the...
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Net credit to Govt rises 94pc: RBZ
Standard Chartered plans to cut up to 100 retail branches in 2015, or 8 percent of its network, to help save $400 million a year to improve profitability. — AgenciesBusiness Reporters— GOVERNMENT...
View ArticleContributor’s spouses eligible for survivor’s benefit
The spouse of a deceased national pension fund contributor or retirement or invalidity pensioner is normally entitled to a survivor’s benefit, as are any dependent children under the age of 18 or, if...
View ArticleIndia’s Leyland bags Zim transport project
New Delhi. – Hinduja Group flagship firm Ashok Leyland yesterday announced bagging of two large integrated transport projects in Tanzania and Zimbabwe worth a total of $79,2 million. As part of the...
View ArticleDevelop your farm into a business
Steve Mapfumo Years of experience as an agronomist have exposed me to many issues in the agricultural sector of this country. Travelling around the country, interacting with livestock, horticulture and...
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$1m upgrade for Kariba South
ZPC and Nampower are on the verge of signing a power deal that will unlock a $160 million loan from Stanbic South Africa to finance development costs relating to expansion of Kariba SouthThe Zimbabwe...
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‘99-year leases still work in progress’
Banks have reservations around the acceptability of 99-year leases as collateral with concern on separation of rights over land and structures built on itGolden Sibanda Senior Business Reporter Farmers...
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CBZ, ABC win governance awards
Finance Minister Patrick ChinamasaBusiness Reporter CBZ Holdings won the 2014 trophy for the Best Governed Company on the Zimbabwe Stock Exchange, while ABC Holdings was awarded the trophy for the Best...
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IDBZ to issue $65m bonds for power projects
Martin Kadzere Senior Business Reporter THE Infrastructure Development Bank of Zimbabwe will float two bonds worth $65 million to fund power generation and the completion of the electricity prepaid...
View ArticleThe do’s and dont’s of borrowing money
Sanderson Abel Reckless borrowing can cause serious financial problems which can affect your future ability to get a job, buy a home, or obtain any new credit at a reasonable rate. There are two...
View ArticleDiamond exchange gets world body’s backing
Business Reporter GOVERNMENT’S plans to set up a diamond exchange have received a major boost following commitment by world gem organisations to support the initiative. World Federation of Diamond...
View ArticleDon’t be a litterbug!
What is Littering? Littering means to throw (often man-made) objects onto the ground as opposed to disposing of them properly. Litter is anything thrown away as unwanted material and accumulates in a...
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