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ZIMBABWE

ZSE weekly review

The industrial index continued to advance after gaining 2.2% in the week under review, with significant gains recorded in TA Holdings (+50%), CFI (+44%) and Turnall (+31%). It appears that the overall...

By Imara Edwards | Published: 24 September 2013

ECONOMC INDICATORS

Zimbabwe gold deliveries up 15%

Zimbabwe's gold deliveries went up 15,07 percent to 1 189,28 kg in July from 1 033,49 kg recorded in previous month.Statistics from the African Development Bank (AfDB) revealed that gold deliveries by...

By Staff reporter | Published: 24 September 2013

ZIMBABWE

'Zim dollar return haunts banks,' says AfDB

Zimbabwe's declining long-term deposits is associated with depositors' speculation on the possible return of the local currency after elections, the African Development Bank (AfDB) has said.The southe...

By Staff reporter | Published: 24 September 2013

BUSINESS NEWS

Pressure group submits proposals for Bulawayo revival

A LOCAL business pressure group Bulawayo Business Arise (BBA) has submitted a proposal to the Industry and Commerce ministry aimed at helping the new Zanu-PF administration draw up strategies of reviv...

By Staff reporter | Published: 24 September 2013

INDUSTRIALS & ENERGY

Aaroh Mart opens doors in Bulawayo

AAROH Mart, the latest retail branch operated by Bulawayo business mogul Raj Modi, yesterday officially opened its doors to the public.The latest entrant in the supermarket retail business situated at...

By Staff reporter | Published: 24 September 2013

POLITICS

Mugabe appoints Permanent Secretaries

President Robert Mugabe has appointed Permanent Secretaries to serve in various ministries following the re-organisation and re-configuration of government ministries and the appointment of cabinet m...

By Staff reporter | Published: 24 September 2013

BUSINESS NEWS

Ministry to prioritise job creation

HIGHER and Tertiary Education, Science and Technology Development Minister Dr Olivia Muchena yesterday said her ministry will prioritise initiatives that expand work opportunities for college leavers ...

By Staff reporter | Published: 24 September 2013

INDUSTRIALS & ENERGY

MARS workers strike

ABOUT 60 employees at a privately-owned emergency health service provider, Medical Air Rescue Services (MARS), staged a sit-in at the firm's Harare branch yesterday and handed in a petition demanding ...

By Staff reporter | Published: 24 September 2013

ZIMBABWE

ZSE market capitalisation surges to $5.4billion

THE Zimbabwe Stock Exchange market capitalisation rose by 1,8 percent week on week to $5,44 billion last Friday on mixed trading in heavyweight stocks.The market capitalisation growth represents 24 pe...

By Business Reporter | Published: 24 September 2013

BUSINESS NEWS

'Zimbabwe has become a warehouse of the region'

The Finance Minister, Patrick Chinamasa told captains of industry at the ZIMRA Taxpayers Appreciation Day that since the local industry is facing a number of constraints and has become a warehouse of...

By Staff reporter | Published: 23 September 2013

ECONOMC INDICATORS

'Multi-currency regime to stay,' says Chinamasa

The Finance Minister, Patrick Chinamasa says the multi-currency regime prevailing will be maintained until the economy stabilises.The remarks come a few weeks after there was scepticism over the use o...

By Staff reporter | Published: 23 September 2013

JOBS

VACANCY:- Delta Beverages Sales Manager

DELTA BEVERAGES - SALES MANAGER (D)Applications are invited from suitably qualified persons for the above post that has arisen in the Sales and Distribution Department at Sparkling Beverages. The incu...

By Delta | Published: 23 September 2013

AFRICA BUSINESS

MTN is Africa's most valuable brand

JOHANNESBURG - MTN has been recognised as the best African brand in a ranking of the continent's most admired and valuable brands by Brand Africa.The Brand Africa 100 award for the Most Admired and Va...

By Staff reporter | Published: 23 September 2013

TRANSPORT & TOURISM

Emirates spread its wings across the Atlantic

Emirates, which flies daily from Harare to Lusaka and Dubai, is to launch a further transatlantic link with the start of flights to Boston from March 10, 2014.This will be the airline's 8th route into...

By Staff reporter | Published: 23 September 2013

INDUSTRIALS & ENERGY

ZETDC urges consumers to pay bills

Zimbabwe Electricity Transmission and Distribution Company has urged consumers to pay their bills to ensure uninterrupted supplies.ZESA slashed domestic debts by $160 for every household while writing...

By New Ziana | Published: 23 September 2013

EDUCATION

UZ wins ethics and transparency competition

University of Zimbabwe students last week emerged winners of this year's Ethics and Transparency initiative competition organised by Delta Corporation in partnership with BOOST in Harare.The UZ team b...

By Staff reporter | Published: 23 September 2013

BUSINESS NEWS

Chartered Secretaries to meet in Vic Falls

Chartered secretaries will this week meet in Victoria Falls to discuss how stakeholder value can be enhanced through good corporate governance.The chartered secretaries will meet in the resort town fo...

By Staff reporter | Published: 23 September 2013

AFRICA BUSINESS

Sadc cement sales set to surge

ABOUT a trillion US dollars will be spent on investments using cement in South Africa, Zambia and Zimbabwe between this year and 2018, according to market research house Frost and Sullivan.South Afric...

By BDLive | Published: 23 September 2013

AFRICA NEWS

Kenya 'terrorist' attack unlikely to choke economy

Nairobi - Security worries are nothing new in Kenya and so the country is unlikely to see long-term investors pull money out after the deadly attack on a Nairobi shopping mall, analysts say.However, t...

By Reuters | Published: 23 September 2013

JOBS

VACANCY:- Delta Beverages Deport Controller

DEPOT CONTROLLER (E)Applications are invited from suitably qualified persons for the above position that has arisen at Hwange DBC.THE JOBReporting to the Operations Manager, the successful applicant w...

By Delta | Published: 23 September 2013

LATEST PUBLISHED REPORTS

GBH | Unaudited results for HY ended 30 Jun 13

Financial Highlights:- Total revenue: $ 2 049 299- Gross profit: $ 436 683- Operating loss: $ (781 069)- Net financing costs: $ ( 102 928)- Loss before tax: $ ( 883 997)- Income credit: $ 156 230- Los...

By GBH | Published: 23 September 2013

AMERICAS

BlackBerry is in a death spiral - analyst

Toronto - BlackBerry's plan to retreat from the consumer market in favour of its traditional strength serving businesses and governments is widely seen as a desperate move that industry watchers warn ...

By Reuters | Published: 23 September 2013

ZSE TODAY

Industrials extends rising streak to 5 straight sessions

There were just 2 counters to trade lower on Monday as Industrials extended their rising streak to 5 consecutive sessions spurred by gains in Innscor and OK Zimbabwe.The Industrials Index gained 0.95 ...

By Staff reporter | Published: 23 September 2013

INDUSTRIALS & ENERGY

NTS to focus on revenue growth

NTS Chief Operating Officer Tafadzwa Choto told the AGM on Friday that NTS will continue to focus on revenue growth buttressed by volume growth, focused cost management and management of collections, ...

By Staff reporter | Published: 23 September 2013

BUSINESS NEWS

Chartered Secretaries discuss how corporate governance adds value

Chartered secretaries will discuss how stakeholder value can be enhanced through good corporate governance, when they meet in Victoria Falls on Friday (September 27) for their three-day annual confere...

By Chris Chinamhora | Published: 23 September 2013

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