Business

© ZIMBABWE, grappling with a deteriorating economy expected to plunge into recession this year, has agreed with the International Monetary Fund (IMF) on macroeconomic policies and structural reforms to underpin a Staff Monitored Programme (SMP) to extricate the economy from crisis.  [GoogleAd] Dumisani Ndlela (DN) spoke to the new IMF country representative in Zimbabwe, Patrick…

© THE strategic fleet planning strategy is a crucial process within the airline industry. It relates to decisions that airlines take on their fleet type/size. In the aviation Industry, these decisions are extremely important, being undoubtedly among the most important ones that senior executives of commercial airlines have to make.  [GoogleAd] Buying a wide-body aircraft like the…

© OF late, there has been a lot of positive reportage on the Air Zimbabwe (AirZim) recapitalisation process.  I, however, do not share the same positivity about the AirZim re-fleeting strategy because doing so would be celebrating mediocrity.  [GoogleAd] Unfortunately, these are the lows that we have now become so accustomed to in Zimbabwe. According…

© SEVERAL factors have combined to dampen Zimbabwe’s economic growth prospects, according to a State of the Economy Report presented by Africa Economic Development Strategies (AEDS) in association with the Daily News last Tuesday. [GoogleAd] The economic think-tank argues that Zimbabwe’s growth rate, which significantly outpaced average Sub-Saharan region’s growth rate of 2.7 percent in…

A LOCAL economic think-tank sees the annual rate of inflation dropping to around 15 to 20 percent by year end. The think-tank — Africa Economic Development Strategies (AEDS) — made the projection at the inaugural State of the Economy Report presented by its director Gift Mugano in Harare on Tuesday. [GoogleAd] The report is jointly…

THE Financial Gazette, Zimbabwe’s leading business and financial news publication,  celebrated 50 years last week Friday, kicking off a week of celebrations, a public event and a special edition. The milestone, celebrated on World Press Freedom Day on May 3, makes the Financial Gazette Zimbabwe’s second oldest newspaper. Starting as a weekly paper back in…

ASSOCIATED Foods of Zimbabwe (Associated Foods) has entered the canned beans market after investing about US$1, 5 million in a modern production plant to produce Mama’s Baked Beans. [GoogleAd] The company, which specialises in the processing, packaging and distribution of a variety of leading food products including natural fruit jams and marmalades and peanut butter,…

COCA-COLA has appointed Phillipine Mtikitiki as general manager for the East and Central Africa Franchise effective June 1, 2019. The global beverages maker said Mtikitiki will be responsible for developing and managing the business strategy. [GoogleAd] The fast-moving consumer goods (FMCG) professional brings a wealth of experience in operations, marketing, planning and commercial strategy to…