40 bid for Zesa

Golden Sibanda Business Reporter
Over 40 potential investors have submitted bids for a stake in Zesa Holdings amid revelations the power utility requires US$3

West Foods acquires Red Star Wholesalers

Michael Chideme Business Reporter
West Foods Group has announced its takeover of Red Star Wholesalers in a US$2 million deal. The cost of acquisition includes

BNC seeks US$50m for revival

Martin Kadzere Business Reporter
BINDURA Nickel Corporation is seeking borrowing powers to raise up to US$50 million from shareholders to revive operations,

Kudos go to Zesa, but . . .

So, someone is finally thinking straight at Zesa. Instead of inundating us with excessive calls to stop mourning, conserve

FBC records 135 percent profit increase

Business Reporter
FBC Holdings Limited has recorded a 135 percent increase in profit after tax to US$4,94 million for the six months ended

Muhamba scoops Secretary of the Year award

Business Reporters
CIMAS employee Ms Evelyn Muhamba is this year’s Secretary of the Year. She takes over from 2010 winner Harare City

Spirit of African entrepreneurship

What really inspires the spirit of a true entrepreneur? Is it a gift from God, one’s family or the community in which one grew

Royal Bank mulls mortgage finance

Business Reporter
REVIVED banking institution Royal Bank Zimbabwe will roll out a number of new and relevant products targeting viable markets

SABMiller seeks review of Foster’s accounts

MELBOURNE. – Brewer SABMiller believes claims made by Australian target Foster’s, for which it has made a hostile

Weak data point to US jobs doldrums in August

WASHINGTON. – The recent batch of US economic indicators is pointing to further weakness in the ailing labour market.

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