BUSINESS NEWS

CBZ holds on to Caps head office

CBZ Bank is holding on to Caps Holdings head office after it emerged that last month's auction of the attached property was reversed. CBZ Holdings group chief executive officer John Mangudya last week...

By Business reporter | Published: 14 August 2013

POLITICS

Black empowerment tops Mugabe's agenda

President Robert Mugabe says his party won "a resounding mandate" from voters to complete a sweeping black empowerment programme to take over foreign and white-owned assets.Mugabe said on Tuesday the ...

By AP | Published: 13 August 2013

BUSINESS NEWS

Investor Protection Fund increase to $5,7m

The Securities Commission of Zimbabwe (SECZ) Investor Protection Fund has increased to $5,7 million from $3 million due to restoration of confidence in the capital markets.The funds which are aimed at...

By Business reporter | Published: 13 August 2013

BUSINESS NEWS

Zimra sets income tax returns deadline

THE Zimbabwe Revenue Authority (Zimra) has set September 30 as the deadline for the submission of income tax returns for individuals and companies for the year-ended December 2012.Income tax is the am...

By Business reporter | Published: 13 August 2013

POLITICS

ZCTU warns of retrenchments

THE Zimbabwe Congress of Trade Unions (ZCTU) has warned of more retrenchments as the country does not have investor-friendly policies.ZCTU president George Nkiwane last week told NewsDay Business that...

By Business reporter | Published: 13 August 2013

OPINION

Mugabe's new threat to foreign firms

NEWS that President Robert Mugabe will continue for a seventh term has left investors white in the face - not exactly a useful colour in Zimbabwe right now.Mr Mugabe will target the remaining 1,138 wh...

By Loni Prinsloo | Published: 12 August 2013

POLITICS

Mugabe promise to review salaries for civil servants

President Robert Mugabe has promised to review this year, as promised, the salaries of the civil service.He said this while addressing thousands of people who where gathered for the Heroes Day commemm...

By Business reporter | Published: 12 August 2013

OPINION

Mugabe win: Zimbabwe business' dilemma

LIKE everyone else in the country, Zimbabwean business owners and industry captains are in a serious dilemma.While there were desperate calls for "a clear winner" in July 31's election, as the coaliti...

By John Kachembere | Published: 12 August 2013

BUSINESS NEWS

Mutambara urges Zim companies to have a global mindset

Zimbabwean companies have been urged to take a global approach to penetrate the international markets and meet the growing demands of the population. Speaking at the inaugural Africa Business Leadersh...

By Business Reporters | Published: 12 August 2013

OPINION

Zimbabwe risks becoming mere trading outpost

THE recent announcement by Reckitt Benckiser, that they are closing their Harare plant signifies a continuation of the rapid de-industrialisation that threatens to render Zimbabwe a mere trading outp...

By Kevin Msipha | Published: 09 August 2013

BUSINESS NEWS

Gono opposing unstructured indigenisation of foreign banks

RBZ governor Gideon Gono is standing firm in opposing unstructured indigenisation of foreign banks, saying he will not allow the process to be done "recklessly". Speaking on the sidelines of a press c...

By Business reporter | Published: 09 August 2013

BUSINESS NEWS

Zimbabwean cloud-based phone app launched

Zimbabweans living in the Diaspora will now be able to call back home at much cheaper rates following the launch of the first Zimbabwean cloud-based phone company to successfully deliver mobile consum...

By Business reporter | Published: 09 August 2013

OPINION

Time to build and buy Zimbabwe

Buy Zimbabwe commends Zimbabweans for turning up in their numbers and for voting peacefully in the just ended harmonised elections.While we await details on the new Cabinet, expectations seem pretty o...

By Vandudzai Zirebwa Buy Zimbabwe | Published: 09 August 2013

BUSINESS NEWS

MMCZ warns on bogus diamond agents

THE Minerals Marketing Corporation of Zimbabwe (MMCZ) has warned diamond customers and stakeholders to be wary of bogus agents masquerading as the corporation's diamond trade middlemen. MMCZ said it w...

By Business Reporter | Published: 09 August 2013

BUSINESS NEWS

Industry pins hope on new government

The Confederation of Zimbabwe Industries (CZI) is pinning its hope for economic revival on the incoming government's ability to restore confidence in the country's financial markets. In an interview, ...

By Business reporter | Published: 09 August 2013

POLITICS

Govt to scrap electricity bills, says Mujuru

Vice President Joice Mujuru says the government intends to scrap electricity bills that were accumulated since the hyper-inflationary era to lessen the burden on people.Mujuru who was addressing peopl...

By Business reporter | Published: 08 August 2013

BUSINESS NEWS

Bakers to purchase 75% local wheat

LOCAL millers and bakers are today signed a Memorandum of Understanding for buying flour.Under the agreement, bakers will purchase 75% of monthly flour requirements from local millers. This a move exp...

By Business reporter | Published: 08 August 2013

OPINION

Econet's image will suffer from fighting Telecel

With the recent announcement by telecoms regulator Postal and Telecommunications Regulatory Authority of Zimbabwe that they have renewed the Telecel Zimbabwe licence, Econet Wireless Zimbabwe will be ...

By Tonderai Rutsito TechSpot | Published: 08 August 2013

HOW TO

Negotiating project scope for successful project management

The secret to good project management is good scope management. But how many realise that effective scope management is really all about negotiation? In this week's newsletter we unpack the skill of p...

By Regenesys Business School | Published: 08 August 2013

BUSINESS NEWS

'Policy needed for planned beneficiation in Zimbabwe'

The Chamber of Mines of Zimbabwe (CMZ) has supported calls for the implementation of planned beneficiation of minerals in the country, but said this had to be supported by government policy and strate...

By Business reporter | Published: 08 August 2013

POLITICS

Zanu-PF most likely to settle on a relaxed indigenisation policy

Government is most likely going to come up with a slightly more relaxed indigenisation policy, a financial analyst John Robertson has said."I have heard them speaking of instead of a five year horizo...

By Business reporter | Published: 08 August 2013

BUSINESS NEWS

RBZ Statement on the continued use of Multi-Currencies

RBZ Statement on the use of Multi-CurrenciesZimbabwe multicurrency use to continue.pdf...

By Gideon Gono | Published: 08 August 2013

POLITICS

Indigenisation must be done properly, says Gono

RBZ governor Gideon Gono has said he is not opposed to a drive to transfer ownership of foreign firms to locals but said it must be done properly. Gono spoke after President Mugabe's Zanu-PF, buoyed b...

By Business reporter | Published: 08 August 2013

BUSINESS NEWS

Zimbabwe to clarify laws as it seeks investment

ZIMBABWE will strengthen and clarify a law compelling foreign companies to cede 51% of local assets to black Zimbabweans or the government in a bid to win investment, Justice minister Patrick Chinama...

By Business reporter | Published: 08 August 2013

BUSINESS NEWS

Bulawayo industries to recapitalise

Captains of industry in Bulawayo say there is need for business entities to come together and strategise on ways to recapitalise the industry.Former Bulawayo National Chamber of Commerce chairperson a...

By Business reporter | Published: 07 August 2013

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