adminCash boost for Freda
By Tawanda Musarurwa
FREDA Rebecca has drawn down the first US$4 million under the US$10 million Industrial Development Corporation
Streamlined Natfoods operations pay off
Business ReporterNATIONAL Foods Limited says the decision to streamline some of its operations last year has resulted in significant cost reduction and increased plant utilisation.The Zimbabwe Stock Exchange-listed agro-processing concern…
Potraz launches rural project
By Ruramayi GatsiTHE Postal and Telecom-munications Regulatory Authority of Zimbabwe will spend US$10 million on the installation of passive telecommunication infrastructure in rural areas.Passive telecommunication infrastructure refers to shared support…
Matter of fact
ON the front page of our Wednesday’s issue we carried an article, which indicated that Old Mutual’s properties had experienced an exodus of tenants due to high rentals, which is…
China’s lunar holiday retail sales surge
SHANGHAI.CHINA’S retail sales for the Lunar New Year holiday surged 19 percent year-on-year in one of the biggest rises in a decade, signalling a surge in domestic consumption according to…
Rio payout tops estimates
MELBOURNE. RIO Tinto surprised investors by more than doubling its full-year dividend and promising to return US$5 billion to shareholders over the next two years to soak up bumper cashflows…
Battle of the bourses hots up
NEW YORK.THE battle for supremacy among stock exchange operators heated up in a salvo of announcements on Wednesday: A merger between London and Toronto, and advanced talks by NYSE Euronext…
Pay dispute spills into Labour Court
Business Reporter BANKS have filed for an interim relief from the Labour Court seeking exemption from paying the 30 percent salary increment awarded to workers by an independent arbitrator last…
GWM Steed 4×4: A truck that handles dirt roads well
THREE weeks ago, I had a discussion with a friend who was looking for a bakkie to use for her rapidly expanding chicken business as well as running other errands.…
Shocking pageantry finalists facts
TOMORROW is D-Day for Zimbabwe’s rebranded prime beauty pageantry, as 35 finalists take to the ramp to win a ticket to become the country’s tourism ambassador, of course with beauty…