CBZ to host inaugural International SMEs indaba
CBZ Holdings will host the inaugural International Small-to-medium enterprise (SME) indaba in Bulawayo next week, to reinforce its support to the small-to-medium enterprises, sector, group chief...
View ArticleLayer chicken industry depressed on back of turbulent egg market
THE layer chicken industry in Zimbabwe was depressed on the back of a turbulent egg market, an industry official has said. BY MTHANDAZO NYONI In an industry update, Zimbabwe Poultry Association...
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Ferro-chrome export receipts up 440pc in first two months
The value of Zimbabwe’s exports of processed chrome has risen by a significant 440 percent in the first two months of this year to $54 million from $10 million in the prior comparable period, Mines...
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Equities closes on a high
The local bourse’s mainstream industrial index closed the week on a high note adding 0.34 to close at 137.47 as giant insurer Old Mutual led the risers with a $0, 0258 gain to trade at $3, 5041. Also...
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Indigenisation demands don’t apply to DHL, says minister
HARARE, March 17, (The Source) – Logistics firm DHL International says it will expand its operations in Zimbabwe after receiving government assurance that key provisions of the controversial...
View ArticlePension for informal sector workers
Zimbabweans working in the informal sector will get pension cover under a scheme being drawn up by the National Social Security Authority for implementation later this year. Under the scheme, which is...
View ArticleLocal Content Policy boon for industry
Grace Kaerasora Industry is confident that Government’s Local Content Policy, which promotes production and consumption of raw materials and finished goods produced in Zimbabwe, will help spur economic...
View ArticleToxic combo of countless laws, poor economy
Taurai Changwa Business Forum SOMETIMES people put so much faith in laws to the extent that they push for laws to deal with every perceived problem. Most often this results in countless laws that...
View ArticleMobile money will transform Zim banking
MOBILE financial services are taking Zimbabwe’s banking sector by storm, riding on a high mobile penetration rate and the cash crunch. With a mobile penetration ratio of 94,3 percent as at August 31,...
View ArticleGTel T9000: Your study companion
The recently introduced new curriculum in schools is going to bring in a new dimension to our education system. ICT is now being introduced in primary schools and this means that our children now have...
View Articlestarafricacorporation invests in water plant
LISTED sugar refiner starafricacorporation has invested US$300 000 in a water treatment plant for its own operations. Municipal water supplies are irregular and experts have condemned borehole water...
View ArticleZera wants duty review on gas
THE Zimbabwe Energy Regulatory Authority is lobbying Government to slash the import duty on liquefied petroleum gas (LPG) to promote use of the cheaper energy source. Gas imports currently attract five...
View ArticleLima deal is work in progress — Mangudya
THE Lima Agreement, which is designed to liquidate the country’s arrears with both multilateral and bilateral creditors, is still in the works, the central bank has said. Government is presently...
View ArticleNight grocers overrun the capital
WHENEVER night falls in Harare, both laws and by-laws go to sleep. And almost always where the law takes a nap, sanity gives way to insanity: commuter omnibuses drive against the flow of traffic;...
View ArticleBotswana firm eyes US$11m Trust Bank assets
BOTSWANA private equity firm Capital Seven plans to buy the remaining assets of Trust Bank Limited for an estimated US$11 million. The bank closed on December 6, 2013 and is presently under...
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Hwange targets older staffers for compulsory retrenchment
Fairness Moyana, Hwange Correspondent MANAGEMENT at Hwange Colliery Company is now reportedly targeting workers aged above 50 for compulsory retrenchment after there were no takers for its voluntary...
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Edgars goes digital
Dumisani Nsingo, Senior Business Reporter LISTED leading clothing and merchandise retailer, Edgars Stores Limited’s shareholders have unanimously agreed to receive information pertaining to business...
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$10m for Esigodini canning plant
Kiyapili Sibanda, Business Reporter BEST Fruit Processors (BFP), a division of Schweppes Holdings Africa Limited, has approved a $10 million investment to set up a fruit processing plant in Esigodini....
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SMM to re-open this year —Chidhakwa
Minister Walter Chidhakwa Lovemore Zigara, Midlands Correspondent The Government has moved full throttle to ensure the revival of Shabanie Mashava Mines (SMM) before the end of the year, a Cabinet...
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Increased arrivals boost Vic Falls business
Elephant rides in Vic Falls Leonard Ncube in Victoria Falls PLAYERS in the tourism industry in Victoria Falls are smiling all the way to the bank as business is reportedly picking up owing to an...
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