BUSINESS NEWS

Post election market update

Yesterday, Monday 05 August 2013, the Industrial Index lost 11% one of the biggest daily losses recorded in the multi-currency system, to close at 205.57 points at a local market capitalisation of USD...

By Imara Zim Research | Published: 06 August 2013

POLITICS

Zanu-PF plans 'unique' wealth-transfer model

President Robert Mugabe, who won a disputed election last month, plans to transform the economy over the next five years through policies of indigenization and economic empowerment, the ruling party s...

By Bloomberg | Published: 06 August 2013

BUSINESS NEWS

'Create enabling economic environment'

A local economist, John Robertson said that Zanu-PF manifesto will not help the country to move forward and should create a favourable economic environment that attracts foreign direct investment. God...

By Business reporter | Published: 06 August 2013

BUSINESS NEWS

Fuel prices remain unchanged

Fuel prices in Harare and surrounding areas have remained unchanged with petrol still selling at an average of US$1,51 per litre while diesel is going for about $1,35 per litre contrary to media repor...

By Business reporter | Published: 06 August 2013

BUSINESS NEWS

Wheat hectarage in drastic decline

Zimbabwe's winter wheat hectarage drastically declined from the anticipated 26 000 hectares to 3 000 hectares for the 2013 season because government was pre-occupied with funding electoral process hen...

By Business reporter | Published: 05 August 2013

BUSINESS NEWS

Bulawayo airport completion set for month-end

WORK on upgrading the Joshua Mqabuko Nkomo International Airport (JMN) is expected to be completed before the end of this month, an official said yesterday. The Civil Aviation Authority of Zimbabwe (C...

By Business reporter | Published: 05 August 2013

BUSINESS NEWS

Marketers launch magazine

The African Marketing Confederation, a pan-African umbrella body established to represent the continent's various marketing bodies, associations and organisations, has launched a quarterly magazine wi...

By Business Reporter | Published: 05 August 2013

BUSINESS NEWS

Mineral prices decline to worsen liquidity situation

The Bankers Association of Zimbabwe has said the falling prices of major mineral commodities on the international market were going to worsen the liquidity challenges prevailing in the country. Speaki...

By Business reporter | Published: 05 August 2013

BUSINESS NEWS

Africa needs to register 50% of its land

At least 50% of land in Sub-Saharan Africa should be registered as a means of enhancing land–related investments and productivity, the World Bank has said. In its report titled Securing Africa's Lan...

By Staff reporter | Published: 01 August 2013

BUSINESS NEWS

Gono says poll results key to economic stability

RBZ governor Gideon Gono says the country is in desperate need of a clear Presidential winner following yesterday's harmonised elections to usher in a stable macro–economic environment.In a statemen...

By Business reporter | Published: 01 August 2013

BUSINESS NEWS

Asian tycoon pumps millions into Zimbabwe

Mining investor Nandlal Goenka has injected millions into the Zimbabwean economy amid indications that he is aiming to spend more in the extractive sector. Through his offshore companies and resources...

By Staff reporter | Published: 01 August 2013

BUSINESS NEWS

Zinara to computerise all tollgates

IN a move that will effectively stop motorists from driving unlicenced vehicles on the country's highways, the Zimbabwe National Road Administration (Zinara) will soon computerise all tollgates.Comput...

By Staff reporter | Published: 01 August 2013

OPINION

Why you should invest in property

A real estate investment trust (REIT), is generally defined as, a company that owns manage and operates income-producing real estate or real estate-based/linked assets such as mortgage loans. The REIT...

By GMRI Real Estate | Published: 01 August 2013

BUSINESS NEWS

11 shortlisted for energy efficiency audit tender

THE Zimbabwe Energy Regulatory Authority will tomorrow begin the selection process for the national energy efficiency audit tender after it shortlisted 11 candidates. The audit will be carried out in ...

By Business Reporter | Published: 01 August 2013

POLITICS

Zimbabwe economy needs a clear winner, says Gono

ZIMBABWE'S fledgling economy requires a decisive winner in Wednesday's general elections, Reserve Bank governor Gideon Gono said."The economy desperately needs a clear winner and a peaceful ending to ...

By Business Reporter | Published: 31 July 2013

POLITICS

Economists say Mugabe win disastrous

With less than 24 hours left for Zimbabweans to vote in a make-or-break election, economists say the country's economy will decelerate further if President Mugabe wins. Christopher Mugaga, an independ...

By Staff reporter | Published: 30 July 2013

BUSINESS NEWS

Maize producer price increased

THE Grain Marketing Board (GMB) has increased the maize producer price to $378,68 per metric tonne up from last season's $295 in a bid to persuade reluctant maize farmers to deliver the crop to the pa...

By Business reporter | Published: 30 July 2013

BUSINESS NEWS

Ethanol production resumes

Production of ethanol has resumed at Chisumbanje plant after Green Fuel Private Limited agreed to form a joint venture with the government.The joint venture is on a 51/49 percent basis and conforms to...

By Staff reporter | Published: 27 July 2013

BUSINESS NEWS

Investors not ditching Zimbabwe

THE political barbs may be flying, but investors are not taking flight ahead of Zimbabwe's crucial presidential and general elections at the end of the month.Since Zimbabwe decided to put its economy ...

By BDlive I Evan Pickworth | Published: 26 July 2013

OPINION

Mastering life's changes

Most of us are averse to change - avoiding it at all costs, hoping it will eventually go away if we avoid it for long enough. But the truth, as we all know, is that change is inevitable. This week's n...

By Regenesys | Published: 25 July 2013

BUSINESS NEWS

Vic Falls records increase in tourist arrivals

THE resort town of Victoria Falls has recorded an upsurge of tourist arrivals ahead of the United Nations World Tourism Organisation (UNWTO) general assembly next month. The town has in the past month...

By Staff reporter | Published: 25 July 2013

BUSINESS NEWS

NRZ relocating

An estate agent has started looking for tenants to occupy Africa House in the city centre with the imminent relocation of the National Railways of Zimbabwe from the premises. For years, the NRZ has be...

By Business Reporter | Published: 25 July 2013

BUSINESS NEWS

Mine-Entra roars to life

THE Mine-Entra 2013 exhibition opens today amid optimism from exhibitors that this year's event will be bigger and better.By yesterday afternoon, most of the exhibitors were busy preparing their stand...

By Business reporter | Published: 24 July 2013

BUSINESS NEWS

Harare Agric Show preps at advanced stage

Preparations for the 103rd Harare Agricultural Show have reached an advanced stage with over 70 percent of exhibition space having been booked, the Zimbabwe Show Society has said. The five-day annual ...

By Staff reporter | Published: 23 July 2013

BUSINESS NEWS

State-owned companies miss deadlines

Mildred Chiri the Comptroller-General said State owned enterprises had failed to comply with Public Finance Management Act indicating that several parastatals have failed to comply with government reg...

By Staff reporter | Published: 23 July 2013

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