BUSINESS NEWS

Joshua Mqabuko Nkomo airport to be fully operational

The Joshua Mqabuko International Airport in Bulawayo will be fully operationalised this week, the Civil Aviation Authority of Zimbabwe (CAAZ) has said In a statement CAAZ said the facility is built on...

By Staff reporter | Published: 30 October 2013

BUSINESS NEWS

Govt to address RBZ debt

Government will address debts accumulated after the Reserve Bank of Zimbabwe accessed foreign currency balances in 2007 to fund national activities in the 2014 national budget presentation by Finance ...

By Staff reporter | Published: 30 October 2013

BUSINESS NEWS

Zim food outlets in chicken scandal

ZIMBABWEAN food outlets are selling Brazilian chicken imports preserved with embalming chemicals normally used to preserve human corpses, Parliament was told yesterday.Zimbabwe National Chamber of Com...

By Staff reporter | Published: 30 October 2013

BUSINESS NEWS

'There is need to cleanse RBZ'

THERE is need to cleanse the Reserve Bank of Zimbabwe as part of measures to restore confidence in the central bank to foster economic growth and development in the country, legislators heard yesterda...

By Staff reporter | Published: 30 October 2013

BUSINESS NEWS

ZNCC urges Govt to prioritise viable companies

GOVERNMENT should start by funding viable companies in its quest to resuscitate industry as pouring all resources into distressed companies may not achieve the intended short to medium term results, l...

By Staff reporter | Published: 30 October 2013

BUSINESS NEWS

Construction of Zim's Walvis Bay dry port resumes

Construction at the Zimbabwean dry port at Walvis Bay in Namibia has resumed after work was stopped for some time due to financial constraints.The government of Namibia in September 2009 granted Zimba...

By Staff reporter | Published: 30 October 2013

POLITICS

Iranian Govt keen on helping Zimbabwe

The Iranian Government is ready to help Zimbabwe in the mining sector, diffusion of technology and in the provision of medical equipment provided the country (Zimbabwe) has viable business strategies...

By Staff reporter | Published: 29 October 2013

BUSINESS NEWS

Zim urged to engage China on $36bn investment fund

Zimbabwe should engage China which has about $36 billion for investment in Special Economic Zones as a way of attracting foreign investment in order to resuscitate critical sectors of the economy such...

By Staff reporter | Published: 29 October 2013

OPINION

Top 10 tips for choosing a hedge fund

Media stories about high profile jet-setting hedge fund managers in the UK, US and Russia have given this investment instrument a bad rap. In truth, if managed correctly, a hedge fund is an effective ...

By Sanlam Investment Management | Published: 29 October 2013

EDUCATION

Zim requires $20m for energy research

Zimbabwe requires at least $20 million a year to fund research and development for clean and alternative energy sources, an energy expert said yesterday.Zimbabwe Energy Regulatory Authority chief exec...

By New Ziana. | Published: 29 October 2013

OPINION

Zimdollar versus the multicurrency system

The ongoing debate within Zimbabwe's financial markets about the possible return of the now-defunct Zimdollar serves to further destabilise the country's still fragile economy in general, and the fin...

By Colls Ndlovu | Published: 28 October 2013

BUSINESS NEWS

'Zim needs to create Special Economic Zones'

Zimbabwe should create special economic zones for the country to attract meaningful foreign direct investment, an expert has said.Investors continue to adopt a wait and see attitude on Zimbabwe resul...

By New Ziana | Published: 28 October 2013

POLITICS

Tough task for Chinamasa

Finance minister Patrick Chinamasa faces a daunting task next month when he presents his maiden national budget for 2014 due to inherent economic challenges in the country.Market watchers contend Chin...

By Staff reporter | Published: 28 October 2013

POLITICS

Mawere, govt headed for showdown over mines

South Africa-based Zimbabwe businessman Mutumwa Mawere is headed for a slowdown with the government following his recent application at the Constitutional Court (Concourt) to repossess his businesses...

By Staff reporter | Published: 28 October 2013

BUSINESS NEWS

ZIA starts following up on projects

THE Zimbabwe Investment Authority has started following up on investment projects it approved during the past few years to ensure implementation.Speaking during a tour of Marondera based agro-company...

By Staff reporter | Published: 28 October 2013

BUSINESS NEWS

ICSAZ launches Excellence in Corporate Governance Awards

The Institute of Chartered Secretaries and Administrators in Zimbabwe (ICSAZ) has launched Excellence in Corporate Governance Awards to recognise corporate governance practitioners and organisations ...

By Chris Chinamhora | Published: 28 October 2013

BUSINESS NEWS

Chinamasa agree to remove duty on raw materials

THE Ministry of Industry and Commerce, together with the Ministry of Finance, have agreed to reduce or totally remove duty on imported raw materials and equipment for local manufacturers and suppliers...

By Staff reporter | Published: 25 October 2013

POLITICS

Zim to craft strategy to revive industry

GOVERNMENT is yet to come up with a way forward to stop company closures and revive industry following a decade of hyper-inflation and economic stagnation, a government official said.Industry and Comm...

By Staff reporter | Published: 25 October 2013

BUSINESS NEWS

Consultations on urban tollgates start

THE Government has started engaging local authorities and other stakeholders on the establishment of urban toll gates with the view of getting their input on the implementation of the project.In an in...

By Staff reporter | Published: 25 October 2013

OPINION

Rewarding a lifetime of achievement

This week's newsletter takes us back to some of the previous topics we have tackled: decision-making; the art of minimalism and using it for business; practical tools for teams; and how to access fina...

By Regenesys | Published: 24 October 2013

BUSINESS NEWS

Car imports through Beitbridge declines by 7%

Zimbabwe Revenue Authority has recorded a 7 percent decrease in car imports through Beitbridge border post between September and October this year in comparison to the same period last year as car dea...

By Staff reporter | Published: 24 October 2013

BUSINESS NEWS

AfDB approves Zimfund phase two

The African Development Bank has approved disbursement of at least $40 million for implementing various rehabilitation projects in the power and water sectors under the second phase of the Zimfund pro...

By New Ziana | Published: 24 October 2013

BUSINESS NEWS

Govt to help industry secure lines of credit

Government will explore all available avenues to secure affordable lines of credit to revive the manufacturing sector, Vice President Joice Mujuru said yesterday.Addressing delegates who attended the ...

By Staff reporter | Published: 24 October 2013

POLITICS

Mutumwa Mawere intensifies fight for his companies

SOUTH AFRICA-BASED Zimbabwean business tycoon Mutumwa Mawere has filed an application at the Constitutional Court (ConCourt) seeking to repossess several of his businesses, including Shabanie-Mashava ...

By Staff reporter | Published: 24 October 2013

POLITICS

Mliswa wants govt to revise the indigenisation programme

ZANU-PF Hurungwe West Member of Parliament Temba Mliswa has implored government to revise the indigenisation and empowerment programme so that more people, instead of only a few connected individuals,...

By Staff reporter | Published: 24 October 2013

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