‘Capital markets must reflect Zim’s potential’

Tichaona Zindoga
ZIMBABWE’S capital markets should reflect and respond to the country’s potential and prospects, Securities Commission of Zimbabwe chief executive Mr Tafadzwa Chinamo has said. The SECZ is a regulator of the capital or securities markets that also

Mwana shareholders approve share sale

Business Reporter
SHAREHOLDERS of mining conglomerate Mwana Africa have approved a share sale in a bid to revive the Trojan Nickel Mine. The share sale is anticipated to raise around US$35 million, part of which will be used to fund the restart of the nickel project. A

Musariri retains regional freight post

Business Reporter
Shipping and Freight Forwarding Agents’ Association of Zimbabwe chief executive Mr Joseph Musariri has been re-elected president of the Federation of Clearing and Forwarding Agents of Southern Africa. His re-election for another two-year term, in

Zimbabwe needs green businesses

Jeffrey Gogo Climate Story
APART from Environmental Impact Assessments, Zimbabwe must, in the spirit of clean development, start investigating the possibility of instituting policies that compel companies to publicly report on their environmental efficiencies. The policies,

Stocks recover, equities trade higher

Business Reporter
THE ZSE equities traded higher on Friday on gains in selected heavyweight counters in a session characterized by improved activity. Buying into blue chip counters pushed the industrials 0,7 percent up or 0,94 to close at 133,83 points. The mining

M&R takeover almost complete

Martin Kadzere Senior Business Reporter
MURRAY & Roberts is close to sealing a deal in which it is selling its stake in M&R Zimbabwe to a consortium of locals and foreigners. The deal is a golden opportunity for the consortium, rumoured to be headed by M&R Zim chairman and politician Mr

Dairibord gets US$4m from PTA Bank

Bright Madera Senior Business Reporter
DAIRIBORD Holdings secured US$4 million from the PTA Bank in the first quarter of the year for capital projects and working capital. Group chief executive Mr Anthony Mandiwanza said the long-term funding attracts 11 percent interest, with a grace

Mashakada’s legacy lives on

Entertainment Reporter
SUNGURA maestro Alick Macheso will this Friday lock horns with the Muddy Face for yet another music romance. The much-hyped show is set for Pamuzinda Highway Xscape open-air joint along the Harare-Bulawayo Road. The show promises

Winky D returns to Hifa

Jonathan Mbiriyamveka Entertainment Reporter
Winky D is to make a grand return to the Harare International Festival of the Arts’ Telecel Main Stage for an afternoon concert scheduled for Saturday May 5, 2012 presented by Coca-Cola. The talented and multi-National Arts Merit Award winner is fast

Vanessa Sibanda finds Mr Right?

Jonathan Mbiriyamveka Entertainment Reporter
Vanessa Sibanda says she is ready to settle down and have children soon. The former beauty queen-turned-singer said like any other woman, it was her dream to get married and have “lots of children”. “Obviously, it is every girl’s dream to settle down

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