adminRemo, Interfin row rages on
Business ReporterTHE High Court has granted an order to have shares in dispute between Remo and Interfin Securities kept by the Deputy Sheriff until the share wrangle between them is finalised. Remo and Interfin were suspended by the Securities Exchange
Biti lend your ear to tourism industry
Isdore Guvamombe Tourism Matrix
When a nation is hosting a mega international event like the 2013 United Nations World Tourism Organisation general assembly, national pride is at stake. In general finance people are normally strict and insensitive to event that splash
Unregulated imports cripple industry
There is urgent need to reverse the tide of imports which the country is facing before they cripple local industries, a senior government official has said. At approximately US$5 billion, the country’s import bill has increased tallied against exports of US $3, 6 billion. A huge difference between exports and imports reflects lack of confidence in local manufactured goods, aTobacco sales increase
Shiana Mhizha Business ReporterTobacco sales have registered an increase of 24 percent this year compared to the same period last year. Since the opening of the marketing season in February, tobacco prices have been competitive with many farmers confirming that they would be able
‘Build foreign currency reserves’
Business ReporterTHE Employers Confederation of Zimbabwe has called on the Government to build up foreign currency stock by facilitating an increase in exports. Although foreign currency reserves typically play a significant role in leveraging a local currency, which is not
New Zinwa water year begins
The water year begins in April of each year when the summer ends and all runoff would have been collected into reservoirs for use until the next summer which starts around November. For all intents and purposes the water authority uses statistics as of the end of April for their planning purposes. ZINWA has the responsibility to allocate, distribute and manage theToyota Prado, a versatile all-rounder
Fact Jeke Motoring
When we talk of leading mid-size four-wheel drive vehicles I am sure a lot of people will agree with me that the Toyota Prado is right up there with the best. This vehicle has a large following that seems to grow each time a new model is
Buy Zimbabwe conference in full swing
We are now into the third day of the Buy Zimbabwe Conference and Experiential Expo and today our focus is on mining, energy and financial clusters. If cluster presentations held on Wednesday are anything to go by, then this conference is guaranteed to produce remarkable resolutions. I sensed a hunger in the panellists and discussants to implement theVehicles for handicapped
Customs Duty is wholly suspended on certain specified motor vehicles imported by physically handicapped persons for their own use. In terms of the suspension regulations, a physically handicapped person can import one passenger or one light commercial motor vehicle without payment of the applicable Customs duties. The passenger motor vehicles qualifying under