adminFirm to launch credit bureau
By Darlington Musarurwa
LOCAL firm Spectip Investments will this week launch a credit bureau, Spectic Credit Bureau, marking the first step towards providing a platform where players in the financial services sector and retailers check credit ratings of borrowers.
Outcry over Natpharm US$2,5m latex tender
By Augustine Moyo
THERE is an outcry in the market over a US$2,5 million tender by the National Pharmaceutical Company of Zimbabwe (Natpharm) for the supply of 500 000 boxes of latex gloves, which closed a fortnight ago.
High Court dismisses Zitac application
By Business Reporters
THE High Court of Zimbabwe last week dismissed a chamber application by Zimbabwe Industry Tobacco Auction Centre (Zitac) to rescind a provisional liquidation order which was granted by the same court last month.
Chombo not interested in buying Lobels
Business Reporter
Minister of Local Government, Rural and Urban Development Dr Ignatius Chombo has denied expressing an interest to buy bread making concern Lobels for US$5 million as reported by this paper last month.
History and Evolution of the Enterprise in Zimbabwe and Southern Africa
This is Part 1 of a paper that was presented by former Zimbawe Ambassador to China Chris Mutsvangwa to the academic and foreign relations institutions in China under the auspices of the Southern Africa Research and Documentation Centre headed by Ms Phyllis Johnson.
SMEs seek US$15 million
By Prince Mushawevato
THE Ministry of Small and Medium Enterprises Co-operative Development requires US$15 million to boost operations in the sector.
Agribank bounces back
By Africa Moyo
THE Agriculture Development Bank of Zimbabwe (Agribank) is set to reclaim its position as the preferred financier of agro-industries and farmers following a major boost to its balance sheet after obtaining a six-year loan facility worth US$30 million from the Industrial Development Corporation (IDC) of South Africa.
Whose Parliament is it anyway?
AFRICAN FOCUS By Tafataona Mahoso
The search for a new Speaker for the House of Assembly in Zimbabwe must also be an opportunity for people to ask what the purpose of a Parliament is. For instance, why is it that the massive anti-sanctions campaign going on today is not led by the institution of Parliament? After all, in most countries Parliament is the epicentre of the nation’s dynamic manifestations of sovereign independence.
Case for making Zimbabwe an airline hub
By Taurai Chinyamakobvu
THERE are two large airports servicing the Greater Tokyo area in Japan. One is called Haneda Airport, also known as Tokyo Kokusai Kuko in Japanese, while the other is called Narita International Airport. Until last year, Haneda only handled domestic flights from across Japan.
European markets continue to fall
WORLD IN FOCUS By Joe Levey
Major North American equity market indices fell along with those of most global markets for the week as the aftermath of the devastating earthquake and tsunami in Japan developed, notwithstanding a rally late in the period.