Multi-tier pricing model illegal: RBZ
Dr Mlambo Business Reporter RETAILERS who are using a multi-tier pricing system for different payment systems are violating the Bank Use Promotion Act and risk the full wrath of the law, a senior...
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CBZ Holdings to launch SMEs pension fund
CBZ has been at the forefront of SMEs development Business Editor Zimbabwe Stock Exchange-listed CBZ Holdings is set to establish a pension fund for small to medium enterprises to be underwritten by...
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FBC closes in on $90m loan
Mr Mushayavanhu FBC Holdings is close to securing a $90 million loan facility for its banking division FBC Bank, which is a follow-on to a previous $60 million facility, group CEO Mr John Mushayavanhu...
View ArticleImplications of High Court Ruling On Sacked Workers
Matthias Ruziwa HR Issues “In terms of section 167(3) of the Constitution of Zimbabwe, the concerned High Court judgment is temporary or provisional in nature and not legally enforceable or binding...
View ArticleMassive Shake Up At Astra
By Phillimon Mhlanga JAPANESE paint and chemical products giant, Kansai Plascon Africa Group, has embarked on a massive staff retrenchment exercise at its Zimbabwe unit, Astra Industries, the Financial...
View ArticleLack of supportive laws hinder diamond processing’
Business Reporter THE setting up of a vibrant diamond beneficiation industry has “greatly” suffered from lack of supportive legislation for local cutting and polishing of diamonds, Aurex Holdings, one...
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Happiness: Driver of climate action
Former Secretary-General of the United Nations Ban Ki-moon (left) hands over a certificate for honorary ambassador for Green to Red and actor Daniel Jason Sudeikis who does Red’s voice last year —...
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Time Zimbabwe considers rand?
South African rand Golden Sibanda Senior Business Reporter THE shortage of US dollars besetting the economy has reignited debate on whether Zimbabwe should adopt the rand, as it emerged that cash in...
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CBZ Holdings sets sights on infrastructure projects
Indian Ambassador to Zimbabwe Mr Rungsung Masakui (right) exchanges national flags with CBZ Holdings group chief executive Mr Never Nyemudzo as a sign of friendship and business co-operation between...
View ArticlePolicyholder takes Old Mutual head-on . . . takes legal action over old...
Happiness Zengeni Business Editor Old Mutual faces its first major challenge from a policyholder over its very low post-hyperinflation payouts as the London-listed giant has been served with summons by...
View ArticlePair Swipes Firm Out of $100 000
By Anesu Chakabva TWO Curechem Overseas (Private) Limited employees made people use the company’s Point Of Sale Machines without buying anything and charged them a five percent fee prejudicing their...
View ArticleProf Moyo Statement On Command Agriculture
Photo: Jonathan Moyo/Twitter Minister Moyo Moyo rails against The Herald. OPINION This statement is pursuant to the lead story in today’s Sunday Mail headlined, “Prof Moyo benefited from Command...
View ArticleFarm Downsizing Exercise Resumes
By Munyaradzi Musiiwa GOVERNMENT has resumed the farm downsizing exercise suspended in 2015 and is prioritising pieces of land that exceed the recommended maximum size or where beneficiaries have died...
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NSSA to buyout NicozDiamond minorities for $8, 5m
The National Social Security Authority (NSSA) is set to complete a plan to buy-out minorities in the country’s largest short term insurer, NicozDiamond. This comes after the pension fund increased its...
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NetOne to revamp OneWallet
State-owned mobile operator, NetOne says it is in the processes of revamping its mobile money platform – OneWallet, as it seeks to leverage on its new partnership with the National Social Security...
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Time Zimbabwe considers rand?
South African rand Golden Sibanda Senior Business Reporter THE shortage of US dollars besetting the economy has reignited debate on whether Zimbabwe should adopt the rand, as it emerged that cash in...
View ArticleClik here to view.
CBZ Holdings sets sights on infrastructure projects
Indian Ambassador to Zimbabwe Mr Rungsung Masakui (right) exchanges national flags with CBZ Holdings group chief executive Mr Never Nyemudzo as a sign of friendship and business co-operation between...
View ArticlePolicyholder takes Old Mutual head-on . . . takes legal action over old...
Happiness Zengeni Business Editor Old Mutual faces its first major challenge from a policyholder over its very low post-hyperinflation payouts as the London-listed giant has been served with summons by...
View ArticlePair Swipes Firm Out of $100 000
By Anesu Chakabva TWO Curechem Overseas (Private) Limited employees made people use the company’s Point Of Sale Machines without buying anything and charged them a five percent fee prejudicing their...
View ArticleProf Moyo Statement On Command Agriculture
Photo: Jonathan Moyo/Twitter Minister Moyo Moyo rails against The Herald. OPINION This statement is pursuant to the lead story in today’s Sunday Mail headlined, “Prof Moyo benefited from Command...
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