TECHNOLOGY

Econet develops Stock Exchange payment solution

Econet Wireless is setting up a payment system for shares on the Zimbabwe Stock Exchange using its EcoCash service.The system is designed to make it possible for small investors to buy and sell shar...

By Business reporter | Published: 10 June 2013

POLITICS

Kasukuwere says foreign banks free to leave

Indigenisation and Empowerment minister Saviour Kasukuwere yesterday said foreign-owned banks were free to leave if they are not prepared to support the agricultural sector and emerging businesses i...

By Staff reporter | Published: 10 June 2013

BUSINESS NEWS

Zesa sues NRZ over $384 144 electricity bill

ZIMBABWE Electricity Transmission and Distribution Company is suing the National Railways of Zimbabwe over an electricity bill to the tune of $384 144.NRZ in Kwekwe consumed power between January 20...

By Staff Reporter | Published: 10 June 2013

POLITICS

Zanu-PF MP 'grabs' Renco Mine

Zanu-PF Chivi South legislator Irvine Dzingirai has declared himself the new owner of troubled Renco Mine. Dzingirai confirmed his take-over of the mine last Friday, claiming he was doing so as part...

By Staff reporter | Published: 10 June 2013

ENTREPRENEURS

Africa is Cool launches an investment solutions mobile app

African Is Cool, an investment solutions company, has developed a smartphone investor-relations mobile application that lets investors access information about listed companies in Zimbabwe and Zamb...

By Staff reporter | Published: 10 June 2013

BUSINESS NEWS

Zesa massive load-shedding not well-defined

Industry and domestic electricity consumers have attacked Zesa Holdings for failing to properly manage power distribution following the introduction of a massive load-shedding programme earlier this...

By Staff Reporter | Published: 10 June 2013

BUSINESS NEWS

KFC eyes Zimbabwe market again

YUM! Restaurants International continues to expand the footprint of its KFC brand on the African continent, with plans to add stores in Tanzania, Uganda and Zimbabwe this year, the company said on ...

By Staff Reporter | Published: 10 June 2013

BUSINESS NEWS

KFC eager to expand into Zimbabwe

AN international fast foods giant, Yum Brands, plans to reopen its branches in Zimbabwe as part of a programme to roll out KFC restaurants in Zimbabwe, Tanzania and Uganda this year, the company sa...

By Business reporter | Published: 10 June 2013

POLITICS

Fawcett Security gets ultimatum to comply with indigenisation

One of the country's leading security firms, Fawcett Security (Pvt) Limited, risks having its operations suspended over the company's failure to submit an acceptable indigenisation compliance plan, ...

By Business reporter | Published: 10 June 2013

OPINION

ZSE Market Report: A good start for Zimbabwe markets as well

The ZSE Industrials gained 3.3% to close the week at 156.4 on the back of gains in Barclays (+19.2%), OK Zimbabwe (+9.9%), and Innscor Africa (+6.3%).  The top traders by value were Delta ($2.7...

By Business reporter | Published: 10 June 2013

BUSINESS NEWS

100 SMEs evicted in Bulawayo

AT least 100 Small to Medium Enterprise (SMEs) entrepreneurs were yesterday evicted from a privately-owned building, which they were renting in Bulawayo, over a long-standing dispute between the ten...

By Business Reporter | Published: 10 June 2013

POLITICS

'MDC-T misleading investors,' says Kasukuwere

EMPOWERMENT Minister Saviour Kasukuwere has accused the MDC-T of engaging in cheap politics over the country's indigenisation programme and ruled out changes to the policy which has divided the coa...

By Staff reporter | Published: 10 June 2013

BUSINESS NEWS

Govt should acknowledge the capability of women in reviving economy

Business women say government should acknowledge the capability of women in reviving the country's economy.The business women made the call at the Harare International Airport this Friday where the ...

By Staff Reporter | Published: 10 June 2013

OPINION

Zimbabwe the investment place to be - Biti

London - Zimbabwe's Minister of Finance Tendai Biti has told investors in London, United Kingdom that Zimbabwe is putting it's house in order and is now a safe and lucrative place place to come and ...

By Thamsanqa Zhou | Published: 10 June 2013

BUSINESS NEWS

Welshman Ncube, Biti to grace the ZimInvest London 2013 fair

THE Minister of Industry and Commerce Welshman Ncube and his Finance counterpart Tendai Biti will on Friday address business executives in London where they will pitch Zimbabwe as a safe investment ...

By Staff reporter | Published: 10 June 2013

BUSINESS NEWS

Zimbabwe investment approvals falls

ZIMBABWE'S investment approvals fell to US$930 million last year, from US$6,6 billion a year earlier, which analysts say is "illustrative of an abysmal" investment climate. The Zimbabwe InvestmentAu...

By Business Reporter | Published: 10 June 2013

BUSINESS NEWS

Beitbridge chaos hits Zimbabwe business

THE business community has expressed concern over the situation at Beitbridge border post, saying the long queues at the busiest inland port in Southern Africa had seriously affected the flow of bu...

By Business reporter | Published: 10 June 2013

BUSINESS NEWS

Zimbabwe banks asked to cap lending rates

Banks in Zimbabwe have been asked to curb lending rates as the government pressures the financial services industry to aid economic recovery.A draft agreement between 23 banks and the Reserve Bank ...

By Bloomberg | Published: 10 June 2013

BUSINESS NEWS

Work related deaths continue to rise

The National Social Security Authority ( NSSA) says accidents at the workplace continue to rise, with the year 2012 recording 103 deaths in a period which also saw 5000 cases of serious injuries. Ac...

By Staff Reporter | Published: 10 June 2013

BUSINESS NEWS

Airlines continue to scramble for Zim route

Regional and international airlines continue to scramble for the Zimbabwean route ahead of the forthcoming United Nations World Tourism Organisation (UNWTO) General Assembly.An international airlin...

By Staff Reporter | Published: 10 June 2013
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