adminEstablish fund for indigenous businesses, Govt urged
Business ReporterGOVERNMENT has been urged to establish a National Economic Reconstruction Fund for indigenous persons as part of a deliberate effort to thrust their entry into mainstream business. In a statement, former AAG Midlands region chairperson Mr
TM rebranding to take 3 years, says Pick ‘n Pay
Business ReporterSOUTH Africa’s Pick ‘n Pay, which is rebranding some of TM Supermarkets after acquiring majority stake in the firm, says the exercise would take at least three years to complete. The Cape Town-headquartered supermarket chain firm is rebranding TM
Blanket Mine ready relinquish stake
Business ReporterCANADIAN-BASED gold producer Caledonia Mining says it expects to begin implementing its indigenisation compliance transactions in the current quarter. The transactions are contained in a Memorandum of Understanding that the company went
Zimpost set to revamp services
Business ReporterTransport, Communication and Infrastructure Development Minister Nicholas Goche has said Government has put together policies that are favourable for the growth and continued provision of postal services in the country. Minister Goche said this in
Zimbabwe financial market ready for securitisation
Thomas Muserepwa
Considering increased calls by various sectors of the Zimbabwe financial and business community for Zimbabwe to securitise its mineral resources in a bid to raise funds and ease the liquidity pressure in the country, it is imperative for a closer look
Europe seeks bigger IMF war chest
London. — European officials travel to Washington this week seeking a bigger global war chest to combat the debt crisis as Spain’s government battles to quell renewed market turmoil over its finances. Three weeks after European leaders unveiled emergency euro-area funding exceeding the symbolic US$1 trillion mark, concerns about Spain’s position have ratchetedChina’s yuan weakens after reform move
SHANGHAI. — China’s yuan weakened against the dollar yesterday, the first trading day after a landmark move by Beijing aimed at liberalising tight controls over the currency that have angered trade partners. The People’s Bank of China said Saturday the unit would be allowed to fluctuate by 1 percent above and below a daily midpoint — double the previous 0,5Pooling, investing contributions
Social security schemes are able to pay pensions of varying amounts, which may exceed what beneficiaries pay into the scheme, through the pooling of contributions and using them to make investments. People often confuse social security and social assistance. Social security schemes are normally contributions based, whereas social assistance is provided by
Self-taught artist dreams big
Lovemore Meya Entertainment Reporter
VIBRANT, skillful and self-taught is the best way to describe one of Zimbabwe’s finest visual artists, Calvin Chimutuwah.
Chimutuwah, who has plied the trade for the past 12 years, has never stopped to showcase what he is made of despite the
Jah Prayzah goes into acting
Richmore Tera Arts CorrespondentTALENTED contemporary musician Jah Prayzah, real name Mukudzei Mukombe, continues to show his versatility in the arts and this time, he is trying his luck in acting. Jah Prayzah is part of the cast in a recently released drama called “Bag Rabvaruka”.