BUSINESS NEWS

Zimbabwe improves on raw milk production

Raw milk production in Zimbabwe increased slightly in the first two months of the year compared to the same period last year as most farmers intensified operations while new ones joined the industry...

By Staff reporter | Published: 10 June 2013

BUSINESS NEWS

Hwange working on improving area for businesses

The Hwange Local Board says it is working on establishing a civic centre to reduce the cost of using rented offices and speeding up development in the mining town.Hwange Local Board Chief Executive ...

By Staff reporter | Published: 10 June 2013

BUSINESS NEWS

Murowa Diamonds criticises govt mining policies

MUROWA Diamonds, a unit of global mining giant RioTinto, has blasted government mining policies saying they were not supportive of the mining sector, warning that the current regime of ground rental...

By Staff Reporter | Published: 10 June 2013

BUSINESS NEWS

Banks cutting interest rates, says Gono

Central Bank Governor Gideon Gono said some lenders are cutting interest rates and bank charges to comply with an agreement signed in January."It is heartening to note that some banks have already s...

By Bloomberg | Published: 10 June 2013

BUSINESS NEWS

Banking sector complies with indigenisation and empowerment regulations

THE banking sector is complying with the country's indigenisation and empowerment regulations, despite spirited efforts from some quarters to discredit the programme.Youth Development, Indigenisatio...

By Staff Reporter | Published: 10 June 2013

BUSINESS NEWS

Barclays Africa executive set to meet Saviour Kasukuwere

A SENIOR Barclays Africa executive is set to jet into the country next week to meet with Indigenisation minister Saviour Kasukuwere to chart the course on how the financial conglomerate's local oper...

By Staff reporter | Published: 10 June 2013

BUSINESS NEWS

Air Zimbabwe to start offering daily flights

CASH-STRAPPED national carrier, Air Zimbabwe will in the next two weeks start offering daily flights to Johannesburg, Harare and Bulawayo when the servicing of one of its two A320 airbuses and an MA...

By Business Reporter | Published: 10 June 2013

BUSINESS NEWS

959 work injuries and 30 deaths in first two months of year

Work-related deaths continue to increase at alarming rate There were 959 serious injuries and 30 deaths at work in the first two months of this year, Acting Labour and Social Services Minister Ther...

By Mike Hamilton / MHPR | Published: 10 June 2013

BUSINESS NEWS

Mujuru orders Chisumbanje Ethanol plant be open by Monday

ACTING President Joice Mujuru yesterday ordered that the Chisumbanje Ethanol plant be open for operations by Monday next week.She said its closure had affected workers, farmers and villagers in the ...

By Staff Reporter | Published: 10 June 2013

POLITICS

Miners urge govt to review mining political administrative boundaries

THE Zimbabwe Miners' Federation has urged Government to review the existing mining political administrative boundaries to ensure that districts where mining activities are taking place benefit direc...

By Staff Reporter | Published: 10 June 2013

BUSINESS NEWS

Samsung cautious on Zimbabwe

Despite targeting a $10 billion growth in Africa by 2015, Samsung Africa Electronics says it will not optimally invest in Zimbabwe due to restrictive legislation which repels investment. James Kim, ...

By Staff reporter | Published: 10 June 2013

POLITICS

VP Mujuru urges treasury to release funds in order to revival industry

Vice President Joice Mujuru says treasury should speed up the release of money for the revival of industry as this will help in employment creation.Mujuru made the remarks at the handover of water p...

By Business Reporter | Published: 10 June 2013

BUSINESS NEWS

NRZ workers go on strike, protest over salaries

National Railways of Zimbabwe (NRZ) train operators yesterday went on strike in protest over management's failure to pay their salaries. The 450 workers claimed they have not been paid over the...

By Staff reporter | Published: 10 June 2013

ENTREPRENEURS

Dhlomo penetrating media world across SADC region

Female Zimbabwean politicians are still disadvantaged, female journalists fewer than males, but female publishers? Almost totally unheard of!Minenhle Dhlomo seeks to change all that and has already...

By Mxolisi Ncube | Published: 10 June 2013

BUSINESS NEWS

Chinese investors keen to partner with NRZ

The National Railways of Zimbabwe says a number of Chinese investors are keen to partner the parastatal to restore its operational viability.NRZ General Manager Retired Air Commodore Mike Karakadzai...

By Staff Reporter | Published: 10 June 2013

TECHNOLOGY

Pay4App allows you to buy airtime and more online with EcoCash

Ever had your Africom data bundle run dry at midnight? That's an example of the problems Pay4App, a local online shopping service, solves. Launched last year the website allows people to buy Africom...

By Sam | Published: 10 June 2013

BUSINESS NEWS

7 blacklisted water bottling firms named

THE Standards Association of Zimbabwe has named seven water bottling firms that it blacklisted over failure to comply with regulatory requirements.The firms are: Datlife, Century Ice, Chillfuff, Ble...

By Staff reporter | Published: 10 June 2013

TECHNOLOGY

Pastel, Utande introduce a joint cloud accounting package

Two of Zimbabwe's leading technology companies have entered into a partnership to bring online cloud-based accounting for small businesses to Zimbabwean entrepreneurs.Pastel Software Zimbabwe, the c...

By Chengetai Chinembiri | Published: 10 June 2013

BUSINESS NEWS

11 out of 30 brands of bottled water registered

ONLY 11 out of 30 different brands of bottled water sold in the country were registered with the Standards Association of Zimbabwe (SAZ) after meeting the minimum standards required for drinking wat...

By Staff Reporter | Published: 10 June 2013

BUSINESS NEWS

Mutare woman wins a VW Polo in the Telecel Win Big Promo

Mercy Murewa from Dangamvura in Mutare today (Tuesday) became the fourth winner of a VW Polo car in the Telecel Win Big Promo, while 20 others were announced as winners of the Samsung Galaxy S2 cel...

By Own correspondent | Published: 10 June 2013

BUSINESS NEWS

Government may revoke 31 coal licences held by local firms

GOVERNMENT may revoke coal mining licences held by 31 local firms for suspected speculative purposes at the expense of genuine investors. Mines and Mining Development Deputy Minister Gift Chimanikir...

By Business Reporter | Published: 10 June 2013

BUSINESS NEWS

Drama as NRZ workers' wives stage demo in tears

THERE was drama yesterday at Parkade Centre in Bulawayo, a building that houses the headquarters of the National Railways of Zimbabwe (NRZ), when wives of the parastatal's workers burst into tears ...

By Staff Reporter | Published: 10 June 2013

BUSINESS NEWS

Zimbabwe opposes tobacco ban

The Tobacco Industry and Marketing Board says Zimbabwe should be actively involved in the dialogue around banning tobacco to protect its economic interests. TIMB board chairman Mrs Monica Chinamasa ...

By Staff reporter | Published: 10 June 2013

BUSINESS NEWS

Securico managing director lands top African award

Leading security services provider Securico managing director Mrs Devine Ndhlukula was voted African Woman of the Year for 2013 at the distinguished African Achievers' Awards gala dinner held in Nai...

By Staff reporter | Published: 10 June 2013

BUSINESS NEWS

Mazoe Orange Crush price slashed

Schweppes Zimbabwe yesterday announced a retail price reduction for the two-litre Mazoe Orange Crush from US$3,50 to $3.00.The price reduction has been attributed to improved operational efficiencie...

By Business reporter | Published: 10 June 2013
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