BUSINESS NEWS

Outcry over delayed Egodini Mall project

FRUSTRATED Bulawayo residents have expressed grave concern over delayed commencement of the much awaited multi-million dollar Egodini Mall project, despite assurances by the authorities.The project w...

By Staff reporter | Published: 06 September 2017

BUSINESS NEWS

Zinara still to disburse funds to Beitbridge

THE Zimbabwe National Road Administration (Zinara) has not disbursed funds for road maintenance to Beitbridge Town since the beginning of the year.The funds are urgently needed to upgrade the town's r...

By Staff reporter | Published: 06 September 2017

BUSINESS NEWS

Econet unveils youth empowerment initiative

Zimbabwe's largest mobile network operator Econet Wireless Zimbabwe (Econet) yesterday unveiled a youth empowerment initiative, Elevate Virtual Agent Programme (Evap), which is expected to create 25 0...

By Staff reporter | Published: 06 September 2017

BUSINESS NEWS

NSSA to invest $18 million in CSC

CABINET has approved investment of $18 million towards the revival of the Cold Storage Company (CSC) by the National Social Security Authority (NSSA).Deputy Minister of Agriculture, Mechanisation and ...

By Staff reporter | Published: 06 September 2017

BUSINESS NEWS

Millers sue Zim govt over food fortification

THE Grain Millers Association of Zimbabwe (GMAZ) has filed an application at the High Court seeking to block the Government from implementing the recently introduced mandatory food fortification.In th...

By Staff reporter | Published: 06 September 2017

BUSINESS NEWS

Binga anthrax outbreak under control

THE country has contained an anthrax outbreak that killed one person and infected 56 in April this year when villagers in Binga ate meat from infected dead hippos. According to the Ministry of Health ...

By Staff reporter | Published: 06 September 2017

BUSINESS NEWS

Workers drag NSSA to court over bonus

NEARLY 600 National Social Security Authority (NSSA) employees have taken the authority to the High Court seeking to compel it to pay them their annual bonus for 2016.Last year, NSSA did not pay out b...

By Staff reporter | Published: 06 September 2017

OPINION

Zimbabwe is the hottest stock market of 2017

The Zimbabwe Industrial Index, which is the main index on the exchange that contains every company except for a handful of mining stocks, is up almost 64% on the year in USD terms. The next best stock...

By investmentfrontier.com | Published: 05 September 2017

OPINION

Why do investors love equity income?

The pull of dividend income has become a very powerful one and there is no sign of any decline in its popularity. In this short guide, we explore why companies that pay dividends are in such demand, w...

By CNN | Published: 05 September 2017

BUSINESS NEWS

Zimra set to surpass 2017 annual target

The Zimbabwe Revenue Authority (ZIMRA) is confident of surpassing the 2017 annual target as the robust revenue enhancement measures being implemented are bearing fruit, with net collections for the mo...

By Staff reporter | Published: 05 September 2017

BUSINESS NEWS

Healthcare stakeholders ponder healthcare ecosystem

The Healthcare Ecosystem and Quality of Life is the theme of this year's Association of Healthcare Funders of Zimbabwe (AHFoZ) Annual Stakeholders' Conference, which takes place at the Kingdom Hotel i...

By Mike Hamilton | Published: 05 September 2017

OPINION

Can Zimbabwe's economy rise again?

ZIMBABWE'S economic performance has been subject to many questions. The questions many have is when will bank queues end? And will the 2018 elections bring economic solutions? Has the government manag...

By Kudzai Goremusandu | Published: 05 September 2017

BUSINESS NEWS

Geiger to decide on 40% share for Zimbabwe firms

GEIGER International, the Austrian firm contracted to dualise the Harare-Beitbridge Highway will make a formal invitation for bids from local companies, detailing the scope and specifications of works...

By Staff reporter | Published: 05 September 2017

BUSINESS NEWS

Value of Zimbabwe bond notes tumbles

Introduced in November last year as part of measures meant to address the liquidity crisis, bond notes have fallen sharply in their value, stirring a wave of massive price increases, especially of bas...

By Staff reporter | Published: 05 September 2017

BUSINESS NEWS

National Trade Policy review still in progress

INDUSTRY and Commerce Minister Dr Mike Bimha says the review of the National Trade Policy is still in progress and finalisation of the process is likely to be before the end of the year.The Government...

By Staff reporter | Published: 05 September 2017

BUSINESS NEWS

Chamber of Industries seek moratorium on debts

THE Matabeleland Chamber of Industries (MCI) has proposed a 12-month moratorium on statutory debts by existing companies to provide a good starting point for industrial growth under the Special Econom...

By Staff reporter | Published: 05 September 2017

BUSINESS NEWS

Beitbridge-Harare dualisation equipment stuck in Zambia

Some of the equipment to be used in the dualisation of the Beitbridge-Harare Highway is stuck in Zambia as the contractor is waiting for Government to gazette a Statutory Instrument that will enable i...

By Staff reporter | Published: 05 September 2017

BUSINESS NEWS

Women dominate leadership excellence awards

WOMEN dominated the Zimbabwe Institute of   Management 2017 Leadership Excellence awards that were presented in Harare on Friday.The awards are given out annually as a way of recognising, de...

By Staff reporter | Published: 05 September 2017

BUSINESS NEWS

Govt urges land commission to be transparent

The Government has called on the Zimbabwe Land Commission (ZLC) to be honest and transparent in discharging its duties especially in land dispute resolution.The ZLC was created to ensure accountabilit...

By Staff reporter | Published: 05 September 2017

BUSINESS NEWS

Mutare gets $70m industrial plants

Investor confidence is now returning to Mutare where two plants worth $70 million have been set up in the Nyamakate Industrial Area in recent months.Giant Mutare-based wholesale firm, Mega Market, is ...

By Staff reporter | Published: 05 September 2017

BUSINESS NEWS

TM Group diversifies investment portfolio

GWERU headquartered TM Group has diversified with its investment portfolio targeting low and medium-income earners in and outside the country.The group, which has a $50 million land bank locally and a...

By Staff reporter | Published: 05 September 2017

POLITICS

Biti outlines MDC Alliance's economic agenda

The MDC Alliance will present to the people a detailed economic blue print in the near future, PDP leader Tendai Biti has said.Speaking at the Bulawayo Launch of a Pre-Election pact involving seven po...

By Staff reporter | Published: 04 September 2017

BUSINESS NEWS

Industry speaks on capacity utilisation

The government and industry have been called upon to increase their synergies on value addition as a strategy to enhance capacity utilisation which currently stands at 47 percent.The Confederation of ...

By Staff reporter | Published: 04 September 2017

BUSINESS NEWS

NSSA submits informal sector pension scheme

THE National Social Security Authority says it has tabled the proposed social security scheme for the informal sector with an inter-ministerial task-force.In an interview with The Herald Business on p...

By Staff reporter | Published: 04 September 2017

BUSINESS NEWS

ZNCC to partner Indian economic hub

The Zimbabwe National Chamber of Commerce (ZNCC) will by end of this month partner an Indian economic hub on joint venture deals expected to create investment opportunities.The city of Gujarati in Ind...

By Staff reporter | Published: 04 September 2017

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