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

BUSINESS NEWS

Give fair value for indigenised stakes

Dube, Manikai and Hwacha law firm senior partner Canaann Dube has called upon chartered accountants to come up with valuation mechanisms of business entities to help resolve disputes when complying wi...

By Staff reporter | Published: 23 July 2013

BUSINESS NEWS

Zimbabwe turns Victoria Falls into a conference destination

GOVERNMENT will retain the aluminium and glass structure that will serve as a conference centre for next month's United Nations World Tourism Organisation (UNWTO) General Assembly as it wants to repos...

By Staff reporter | Published: 22 July 2013

POLITICS

Treasury acts to raise poll funds

Finance minister Tendai Biti has said Treasury has suspended the funding of all government activities except salaries as it battles to mobilise funds for elections. Addressing a Press conference in H...

By Staff reporter | Published: 22 July 2013

BUSINESS NEWS

Vingirai wins back his shares & assets at Intermarket

Businessman Mr Nicholas Vingirai has regained assets and shares he lost following the takeover of Intermarket Financial Holdings by ZB Financial Holdings through the Reserve Bank of Zimbabwe.High Co...

By Business Reporter | Published: 22 July 2013

BUSINESS NEWS

Mining companies paid $81.1m into Zimra coffers

Mining companies in Zimbabwe paid $81.1m into the country's coffers in mineral royalty payments during the first half of 2013.Zimbabwe relies heavily on mining and agriculture to boost its struggling ...

By Business reporter | Published: 19 July 2013

BUSINESS NEWS

CZI forecasts slump in capacity utilisation

THE Confederation of Zimbabwe Industries has forecast a further decline in capacity utilisation this year, as manufacturing companies remain under pressure from tight liquidity and competition from lo...

By Business Reporter | Published: 19 July 2013

OPINION

8 Simple, cost-effective ways to promote your SME

Small and medium-sized enterprises (SMEs) contribute roughly 50% of SA's national gross domestic product (GDP) and employ 60% of the labour force. It is little wonder then, that entrepreneurship is f...

By Regenesys | Published: 18 July 2013

BUSINESS NEWS

Biti to present mid-term review on Monday

Finance minister Tendai Biti will on Monday present the Mid-Term Fiscal policy statement after initially postponing the economic review due to campaigning ahead of the next election. Biti said that Tr...

By Staff reporter | Published: 18 July 2013

BUSINESS NEWS

RBZ pushes for more financial inclusion

RBZ has said local banks should embrace mobile banking platforms to remain relevant as the public moves from conventional brick and mortar banking. Speaking at the Small to Medium Enterprises seminar ...

By Staff reporter | Published: 18 July 2013

BUSINESS NEWS

Mzembi lobbies for visa liberalisation

Tourism and Hospitality Industry Minister Walter Mzembi has bemoaned the impact of a stringent visa regime and regimented air system on tourism.To this end, he called for the urgent liberalisation of ...

By Business Reporters | Published: 18 July 2013

BUSINESS NEWS

Zimoco unveils the new Mercedes Benz premium vehicles

Leading luxury vehicle distributor, Zimoco has unveiled the new Mercedes Benz A-Class and E-Class premium vehicles in Zimbabwe.At a function to launch the two compact vehicles in Harare, Zimoco genera...

By Business Reporter | Published: 18 July 2013

OPINION

Telecel leads the pack

Since the beginning of the year Telecel has shaken the market with a number of intriguing promotions that have attracted a lot of attention.While other cellphone service providers have also run their ...

By Tonderai Rutsito TechSpot | Published: 18 July 2013

BUSINESS NEWS

Kingstons on verge of collapse

Kingstons Holdings Limited (Kingstons) - a stationery group 51 percent owned by the government - is reportedly on the verge of collapse with debts amounting to over $5,3 million.Since the introductio...

By Staff reporter | Published: 17 July 2013

BUSINESS NEWS

Dunlop Zimbabwe gives striking workers ultimatum

THE strike by Dunlop Zimbabwe workers continued yesterday with reports that management has given the striking workers an ultimatum to return to work  or risk being fired.According to the workers...

By Business reporter | Published: 17 July 2013

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