HARARE – Crisis weary Zimbabweans are expecting the newly sworn in Cabinet to move with speed and address the current liquidity crisis that has seen many people spending hours in bank queues while the value of bond notes has been significantly eroded. The country’s worsening cash shortages have also resulted in retailers and hardware shops…
HARARE – Finance minister Patrick Chinamasa should consolidate the country’s local content policy in his National Budget presentation today to help steer industrialisation, Buy Zimbabwe has said. The pressure group’s chief economist Kipson Gundani said the local content policy development initiative is necessary and should be completed timeously to revive industry. “We are therefore expecting…
HARARE – At least 1 500 young business people from around the country have received training in the 2017 edition of Youth Entrepreneurs Programme (Yep) which is now in its second phase with 20 participants set to receive seed funding. The programme which is sponsored by CBZ Holdings and managed by Youth Empowered Life Trust…
HARARE – Zimbabwe Agriculture Society (Zas) is in the process of constructing a $20 million state-of-the-art shopping mall at the Exhibition Grounds in Harare. Zas chief executive Anxious Masuka said his organisation came up with an idea to set up the mall to cater for exhibitors and visitors who frequent the exhibition grounds throughout the…
HARARE – Dandemutande Investments, a leading Internet Access Provider, says it has received full approval from the Competition and Tariff Commission for its acquisition of YoAfrica, a leading player in the provision of Internet services to the Small and Medium Enterprise market. “We are delighted with the news. Whilst Dandemutande is the connectivity provider of…
HARARE – The National Social Security Authority (Nssa) says it is ready to administer its voluntary pension scheme for the informal sector. “Our actuaries are currently working on the model and design of the scheme,” Nssa chairperson Robin Vela said, adding that the pensions administrator aims to launch the voluntary informal scheme before the end…
HARARE – Several companies were recently honoured for their sterling work in good corporate governance issues at the 2017 Excellence in Corporate Governance Awards. The prize ceremony was held under the theme: Promoting Good Governance for Sustainable Economic Development. Speaking at the ceremony, Denys Denya, who is the executive vice president of the African Export-Import…
HARARE – Businessman Tawanda Nyambirai has snapped up Arcturus Mine from Metallon Corporation (Metallon). The London-listed firm placed Arcturus Mine under care and maintenance in the 2016 first quarter with mining operations suspended due to consistent losses. As part of the transaction, Metallon ceded all of its rights and obligations concerning Arcturus Mine — a…
HARARE – Fast-growing paint manufacturer, distributor of automotive and decorative paints Nash Paints emerged among the biggest winners of the Megafest Northern Region Business Awards held on Friday night. This came after its director Tinashe Mutarisi demonstrated his leadership dominance by scooping the Outstanding Business Person of the Year award. It came after Nash Paints…
HARARE – State-Owned telecommunications company, TelOne, has partnered with a leading global information and communications technology solutions provider, Huawei, to provide training to engineering students. TelOne managing director Chipo Mtasa said the new partnership culminated as a result of radical changes in business brought about by developments in the information and communication technology (ICT) sector….
