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Colcom mulls regional exports
Colcom is still undertaking exploratory market opportunities in AngolaBusiness Correspondent Colcom is looking at the possibility of exporting its products into the region following massive investment...
View ArticleOil drops below $59
Singapore. — Oil fell below $59 a barrel for the first time since May 2009 yesterday, extending a six-month sell-off as slowing Chinese factory activity and weakening emerging-market currencies added...
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Pharmaceutical Development Strategy on the cards
Business Reporter ZIMBABWE is formulating a Pharmaceutical Development Strategy as it seeks to increase capacity utilisation in the production of medicines, according to a progress report on...
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IPEC calls for product innovation, quality
Tinashe Makichi Business Reporter Life assurance companies should focus on sustainable product innovation and quality rather than price competition to meet the demands of the changing market dynamics,...
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Govt acts on mobile cash transfer costs
Mobile network operators have been called upon to reduce broadband chargesConrad Mwanawashe Business Reporter— GOVERNMENT has directed the Competition and Tariffs Commission to investigate mobile cash...
View ArticleWinds of change hit ZSE
Shareholders invest in companies for various reasons. Some focus on capital appreciation while others will be after dividend income. We then have a sect of shareholders that take positions in companies...
View ArticleMSCI considers dropping Russia
NEW YORK. – A major index provider is considering dropping Russia from its emerging-market index if Moscow introduces restrictions on capital flows out of the country. New York based MSCI Inc said late...
View ArticleCastle appointed PPC CEO
JOHANNESBURG. – PPC Ltd, which is considering a merger with rival cement maker AfriSam Group Pty Ltd, has appointed Darryll Castle as chief executive officer as it seeks to end months of management...
View ArticleLet’s strive for good corporate culture
Shelter Chieza Change Management Recently the micro-sensor of the gate at my) house malfunctioned and I rushed to the closest hardware shop to get a new one. I was in a bit of a hurry and when I...
View ArticleDollar advances, rouble panics
LONDON. – The dollar advanced from the weakest level in four weeks against the yen amid speculation Federal Reserve policy makers will remove their pledge to keep borrowing costs low for a considerable...
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ZSE remains pivotal
Anyway Taruvinga Empirical evidence indicates that for sustainable growth and development, funds must be effectively mobilised and allocated to enable businesses and the economy to harness human,...
View ArticleHunyani records 7pc decline in revenue
Walter Muchinguri Assistant Business Editor Hunyani Holdings recorded a 7 percent decline in revenue to $40,4 million for the 11 months to September 30 due to its sales mix. The group said volumes fell...
View ArticleHunting season income goes down
Tinashe Nhari Business Reporter Revenue from this year’s hunting season has gone down 10 percent from last year’s figure primarily due to the US imposed ban on hunting trophies in April this year. The...
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ZMDC creditors approve Sabi Mine dumps sale
Tinashe Makichi Business Reporter Zimbabwe Mining Development Corporation’s creditors for Sabi Mine have approved the selling of the mining company’s tailings dumps for $10 million to an unnamed...
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World Bank plans $100m Zimfund
Finance and Economic Development Minister Patrick Chinamasa (left) makes a point during a Press conference yesterday while the World Bank’s country director for Zambia, Zimbabwe and Malawi Ms Kundhavi...
View ArticleBMW X6 second generation
Tinashe Makichi Motoring Reporter It’s that time of the year again! It’s that time to be merry or to see others being merry (whichever is higher). Well, the festive season can be interpreted in so...
View ArticleBuy Zimbabwe honours local companies
Vandudzai Zirebwa Buy Zimbabwe Buy Zimbabwe hosted the 2nd Annual Buy Zimbabwe Awards on Wednesday at Cresta Lodge in the capital, Harare. The awards seek to honour outstanding local companies and...
View ArticleTRB launches seed packaging machine
Business Reporter THE Tobacco Research Board expects to meet seed demand next year following the commissioning of a new seed packaging machine with a capacity of one million kilogrammes per annum....
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Zol, AWARE Trust partner to save wildlife
Zol CEO Mr Denny Marandure and AWARE Trust Director Dr Keith Dutlow launching the ZOL Zimbabwe/AWARE 2015 CalendarConrad Mwanawashe Business Reporter INTERNET service provider Zol, has partnered the...
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National Tyres revenue falls 11 percent
Business Reporter National Tyre services revenue for the half year to September 30, 2014 fell 11 percent to $7,4 million on the back of price adjustments aimed at stimulating demand. The company said...
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