Business

Baker’s Inn to set up second Bulawayo plant

BAKER’S Inn, a division of Victoria Falls Stock Exchange-listed Innscor Africa, is set to put up a second plant at its Belmont factory in Bulawayo. This comes as the company last week officially commissioned a US$27.8 million plant, which is now operating at full capacity, producing 8 000 loaves of bread per hour. Innscor chairman…

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Business

FBC completes Stanchart acquisition

FBC Holdings (FBC) has completed the acquisition of Standard Chartered Bank Zimbabwe operations in a development expected to bolster the institution’s position in the country’s banking sector. Last year, FBC shareholders approved the 100 percent acquisition of shareholding in Standard Chartered Bank which would result in the full control of the bank’s business operations. As…

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Business

Zimbabwe hoteliers surpass pre-pandemic occupancy levels

LOCAL hotels are seeing occupancy rates exceeding pre-pandemic levels, buoyed by recovering international tourism and meetings, incentives, conferences, and exhibitions. The tourism sector was severely affected by the pandemic outbreak as governments across the world imposed travel bans to try to contain the spread of the disease. Official figures show that the tourism sector in…

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Business

Econet Insurance launches mobile phone insurance product

ECONET Insurance, a leader in innovative short-term insurance solutions, has launched a new insurance package that covers mobile phone damage. The package, named Moovah Mobile Phone Insurance, was introduced in response to customer insights, according to Gift Noko, Econet Insurance’s chief insurance officer.“We are constantly seeking ways to meet our customers’ needs. This new package…

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Business

Old Mutual trains women in financial literacy

DIVERSIFIED financial services group, Old Mutual, recently hosted a financial literacy training session for women at the Zimbabwe Agricultural Showgrounds in Harare. The training was held in collaboration with the Audacious Women and Old Mutual said the programme showed the group’s unwavering commitment to championing financial education for previously marginalised groups.“In collaboration with Audacious Women,…

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Government sweats over gender disparity in ICT

AUTHORITIES have expressed concern over lack of women participation in the field of Information Communication Technology (ICT) saying mentoring programmes were necessary in order to address the disparity. Speaking during the commemoration of the girls in ICT day in Mutare on Friday, ICT minister Tatenda Mavetera said the government was coming up with strategic and…

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CEO Africa Roundtable to zoom in on AfCFTA

THE African Continental Free Trade Area (AfCFTA) will be one of the key subjects up for discussion at the 10th edition of the CEO Africa Roundtable to be held in Victoria Falls early next month. The conference, to run from June 12 to 15 under the theme, The future of Africa: Modernise, reshape and grow,…

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