Mutizwa: A leader par excellence

Cyprian Muketiwa Ndawana
It is now an open secret that Mr Joseph Mutizwa will retire effective May 31, 2012 from the helm of Delta Corporation. As one among the multitude that was privileged to learn from working under his

NRZ targets to move 6 million tonnes

THE National Railways of Zimbabwe is targeting to move six million tonnes of traffic this year up from 3,8 million tonnes in 2011. Last year the parastatal had targeted to move 5,3 million tonnes of traffic but failed due to depressed industrial capacity, ageing equipment and railway infrastructure. NRZ

Non-executive directors underpaid, says survey

Business Reporter
ZIMBABWE’S non-executive directors take home on average US$5 000 per annum in terms of their remuneration, which is relatively low in view of regional and international comparisons. Non-executive

Real estate firm rebrands

Tawanda Musarurwa Business Reporter
ZIMBABWEAN real estate consulting firm RM Africa Property Consultants has rebranded its property sales and rentals division to Rawson Property. Basically, the local firm’s land and property

Airzim debt keeps investors at bay

Martin Kadzere Senior Business Reporter
THE biggest hurdle that Air Zimbabwe might have faced in securing a strategic equity partner could have been its US$140 million debt. There were several reports on partnership talks between Air

Fidelity Life EPS shoots up 100 percent

Golden Sibanda Senior Business Reporter
FIDELITY Life Assurance of Zimbabwe’s earnings per share increased by 104 percent in the full year to December 2011 as profits doubled on growth in premium income from employee benefits. The

Govt postpones meeting on Zimplats

Business Reporter
THE meeting scheduled for Tuesday between senior Government officials to discuss Zimplats’ non-compliance with the country’s indigenisation and empowerment requirements has been deferred to

M&R pulls out of Zimbabwe

Martin Kadzere Senior Business Reporter
MURRAY & Roberts is set to divest from Zimbabwe after resolving to sell its 46 percent equity in the construction and engineering firm. The South African-owned company is already talking to a local

Kudos to Zimsec for restoring credibility to local exams

Editorial Comment
Zimbabwe’s O and A Level results are getting better, but still have a long way to go before pupils, parents, schools and the nation as a whole can feel happy with them, with just 19,5 percent of O

Can elections create jobs?

Albert Nhamoyebonde
With elections being held on all continents, many political parties have gone overboard in promising the voters that they have the answer to the unemployment crisis. But the question being asked is

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