MINING & RETAIL

Wrangle scuttles ZimAlloys turnaround

Plans to resuscitate ferrochrome producer ZimAlloys have been scuttled as the ongoing legal wrangle between the company's judicial manager and Indian investor Balasore rages on, it has been establishe...

By Staff reporter | Published: 20 June 2019

TRANSPORT & TOURISM

NRZ eyes regional markets for turnaround

GOVERNMENT plans to improve the interconnectivity of the National Railways of Zimbabwe with other countries in the region to improve the parastatal's market share and revenue, a Cabinet Minister said ...

By Staff reporter | Published: 14 June 2019

BUSINESS NEWS

Mnangagwa takes turnaround agenda to ZITF

GOVERNMENT has taken its reform agenda to the Zimbabwe International Trade Fair (ZITF), as part of efforts to lure investors and resuscitate the country's struggling economy.In a statement yesterday, ...

By Staff reporter | Published: 24 April 2019

ZIMBABWE

Chengetedzai eyes turnaround trading

Chengetedzai Depository Company is mulling introducing turnaround trading to attract the interest of a different profile of investors.Chengetedzai chief executive officer Campbell Musiwa said the cent...

By Staff reporter | Published: 03 July 2018

BUSINESS NEWS

'Vote Mnangagwa for economic turnaround'

ZIMBABWEANS must vote for President Mnangagwa in the forthcoming harmonised elections as he is the only one with capacity to turnaround the economy through cleaning the mess created by his predecessor...

By Staff reporter | Published: 17 May 2018

MINING & RETAIL

Forex shortages derail SMM turnaround plan

SHABANIE Mashava Mines' (SMM) turnaround efforts have been hampered by foreign currency shortages as the company seeks to acquire de-watering equipment at its mines in Mashava and Zvishavane.The asbes...

By Staff reporter | Published: 11 May 2018

BUSINESS NEWS

State-owned enterprises keep turnaround deadline

State Owned Enterprises and Parastatals have complied with Government's March 31, 2018 deadline to submit their re-organisation and turnaround plans. Government, through various line ministries, last ...

By Staff reporter | Published: 06 April 2018

BUSINESS NEWS

Mnangagwa's govt in wages turnaround

GOVERNMENT has made a u-turn on workers' wages, revealing that it now supports productivity-based pay.In a speech read on her behalf at an Employers' Confederation of Zimbabwe (Emcoz) human resources ...

By Staff reporter | Published: 29 March 2018

BUSINESS NEWS

PSMAS turnaround on course

Zimbabwe's oldest healthcare funder, Premier Service Medical Aid Service (Psmas) says its turnaround strategy is now bearing fruit.The group’s managing director,  Tendai Kapunha said the health...

By Staff reporter | Published: 07 March 2018

POLITICS

British Premier sees turnaround for Zimbabwe

British Prime Minister Theresa May has been impressed by statements made by President Emmerson Mnangagwa so far on economic and political reforms, which have sent important signals around the world ab...

By Staff reporter | Published: 03 February 2018

POLITICS

'Total economic turnaround unachievable in Zim'

PRESIDENTIAL spokesperson Mr George Charamba has said total economic turnaround is not achievable in 100 days due to the state of the economy but President Emmerson Mnangagwa was doing everything with...

By Staff reporter | Published: 15 January 2018

BUSINESS NEWS

Zim susiness optimistic about economic turnaround

BUSINESS leaders drawn from various key sectors of the economy are optimistic about economic turnaround this year but caution that real progress hinged on the conduct of the forthcoming elections.Hope...

By Staff reporter | Published: 07 January 2018

INDUSTRIALS & ENERGY

Gulliver in turnaround drive

GULLIVER Consolidated Limited is now firmly poised to bring in new equity investors or float a rights issue to raise funding required to clear liabilities to creditors following confirmation of Mr Reg...

By Staff reporter | Published: 18 December 2013

TRANSPORT & TOURISM

Deloitte crafts NRZ turnaround

THE National Railways of Zimbabwe (NRZ) has engaged an international auditing firm to craft a turnaround strategy for the loss-making parastatal.NRZ public relations manager Fanuel Masikati said the s...

By Business Reporter | Published: 11 December 2013

FINANCIAL SERVICES

Imara projects loss turnaround

Investment advisory firm Imara Holdings Limited (Imara) has projected a turnaround of its losses to record a profit in the half year to October 2013.The Botswana Stock Exchange-listed group - set to ...

By Staff reporter | Published: 18 November 2013

ZIMBABWE

'Govt capacity to turnaround economy limited'

Zimbabwe has limited capacity to stop economic bleeding and mitigate liquidity constraints due to its inability to ease the markets quantitatively by controlling money supply, according to the Zimbabw...

By Staff reporter | Published: 07 November 2013

EUROPE

'Tesco turnaround could take 3 years'

London - A former chairman of Tesco, the world's No.3 retailer, said that restoring the store group's fortunes could take up to three years and appealed to investors to give Chief Executive Phil Clark...

By Reuters | Published: 30 June 2013
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