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Annual Breaking Down Borders Africa Youth Summit takes center stage

© THE Breaking Down Borders Africa Youth two-day Summit, a Pan-African annual conference for youth leaders from across the continent began today. [GoogleAd] The Summit, which organisers describe as a call to action for young people to work towards an Africa they desire to be a part of is being held under the theme ‘Reclaim Africa’…

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Fidelity Life launches unique funeral cash back plan

© Fidelity Life has launched a new funeral product that guarantees a 50 percent cash back on every five consecutive claim-free years. The Fidelity Life Funeral Cash Back plan offers a lump sum cash benefit to beneficiaries upon bereavement. [GoogleAd] The only condition is that one has not made any claim against the policy for five…

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NRZ, Zisco deals imminent

© FINANCE minister Mthuli Ncube says government is close to securing new investors for two troubled State firms, the National Railways of Zimbabwe (NRZ) and the Zimbabwe Iron and Steel Company (Zisco). [GoogleAd] Government last year signed a US$400 million deal with the Diaspora Infrastructure Development Group (DIDG) to recapitalise NRZ, but the deal seem to…

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Zim’s top 200 brands unveiled

© ZIMBABWE’s top 200 brands were unveiled at a Superbrand breakfast meeting in Harare hosted by the country’s Marketers Association. The Superbrand is an international concept that was adopted in Zimbabwe in 2009 and aims to identify brands that are performing above and beyond others within their market. [GoogleAd] The Marketers Association of Zimbabwe (MAZ) adjudication…

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Millers, retailers kick-start consultations

© GRAIN Millers’ Association of Zimbabwe (Gmaz) and the Confederation of Zimbabwe Retailers (CZR) are set to consult with retailers over self-regulatory mechanisms so as to rein in wanton price increases within the milling sector. [GoogleAd] Speaking to journalists yesterday, chairperson of the ethics committee of the joint initiative Alvin Mparutsa said the consultations are…

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Wage bill continues to ravage Zim fiscus

©  TREASURY says employment costs have continued to dominate Zimbabwe’s public expenditure despite promises of strict adherence to austerity measures and reducing public services wage bill. Following a civil service pay rise in April, government recently announced that it will award public servants another pay increase in June as prices of basic commodities continue to skyrocket,…

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Consumers challenge Potraz

© ZIMBABWE’S hard-pressed consumers have challenged the country’s telecommunications regulator to intensify its awareness campaigns and shed more light on developments in the sector. [GoogleAd] This comes as consumers got a chance to meet the regulator and be educated on various postal and telecommunications issues as the regulator was in Mashonaland Central last week carrying…

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AMG relocates SA headquarters to Dubai

BUSINESSMAN Frank Buyanga has moved his African Medallion Group (AMG) from South Africa (SA) to Dubai for the market’s centrality and other strategic reasons, including the fact that it is one of the world’s major metals trading hub in the world.   [GoogleAd]    This also comes as the two year-old company has spread its tentacles…

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‘Parastatal reforms not enough’

THE Zimbabwe Coalition on Debt and Development (Zimcodd) says government needs to increase the tempo of its parastatals reform exercise which is moving at a snail’s pace. President Emmerson Mnangagwa’s government last year indicated its desire to sell some or all shares in 43 of its companies, most of them loss-making and have relied on…

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Agrifoods, Victoria Foods engage creditors

© CFI Holdings’ mainstay subsidiaries Agrifoods and Victoria Foods, which are under judicial management, recently convened meetings with shareholders and creditors to ratify relevant schemes of arrangements, the judicial manager of the companies has said. [GoogleAd] The companies were placed under judicial management in 2016 to allow for debt restructuring, re-organisation and recapitalisation. In press statements…

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