adminTelecel launches Teletunes
TELECEL has introduced a new value added service for mobile subscribers that will enable them to replace the normal ringing tone that callers hear when they phone them with a song or musical ringing tone. Subscribers will be able to purchase a single musical ring tone or several, which they can allocate to particular callers. Telecel is the first Zimbabwean network to launch thisZECO Holdings feels the pinch
Business ReporterZECO Holdings made a loss of US$1,9 million for the financial period ended December 2011 due to depreciation and low revenue flows. The Zimbabwe Stock Exchange-listed engineering company was affected by a slow recovery in mining,
Zimplats posts US$52m profit
Business Reporter
ZIMBABWE Platinum Holdings posted a profit of US$52 million for the quarter ended March 31. According to the platinum producer, the rise in operating profit was in line with higher revenue during the period, which rose to US$128 million up 32
High operating costs weigh down Tractive Power
Business Reporter
TRACTIVE Power, a retailer of cars and earthmoving machines, reported half-year profits to February this year fell 55 percent to US$908 134 compared with the same period last year on high operating costs. Revenues were up 16 percent to US$21,9
Give due attention to corporate ethics
Bradwell Mhonderwa Business Ethics
ORGANISATIONAL change is a powerful phenomenon in the growth of any business entity. It is a strategic tool that significantly increases the survival of the firm and its competitiveness on the market place. In an effort to dust off the
Takura Capital acquires Agricom
Business Reporters
PRIVATE equity firm Takura Capital has acquired a 51 percent stake in Agricom Trade Exchange, Mr Fungayi Mungoni of Takura confirmed yesterday. Agricom supplies pre-packed dry foodstuffs mainly to the local market. The investment, in the range of
Parastatals blasted over AGMs
Martin Kadzere Senior Business Reporter
GOVERNMENT has said it is concerned over the failure by a number of parastatals to hold annual general meetings, which has deprived the State, as a shareholder, of the opportunity to exercise its ownership functions. The ownership functions include
Indigenisation boon for workers
Tawanda Musarurwa Business Reporter
THE Government has approved more than 100 Employee Share Ownership Plans from foreign-owned companies that will see workers reaping the benefits of the indigenisation and economic empowerment drive. The schemes are a critical element of
MDC-T should back Govt policy
Kurai MasenyamaOn April 17, 2012 the MDC-T released a statement of resolutions in which it attempted to contextualise and comment on critical issues affecting the country. Among other things the statement had a section making specific reference to the
Redefining contemporary prophecy
Jealousy Mawarire
Zimbabwe is an interesting society, a community capable of raising some lingo out of some dire experiences, giving new meanings to words, idioms and phrases in the midst of affliction. It is a society where anything goes even in the most