Identifying properties for development

Vengai Madzima Property Guide
THE primary objective for property development is to realise a significant profit by adding value or beautifying a particular property. The process of identifying a property that is ripe for development is fundamental. A seasoned developer knows

Gramma to introduce MP3s

Kudakwashe Gwabanayi entertainment Reporter
One of the biggest recording companies in Zimbabwe, Gramma Records, is considering selling music on MP3s and memory cards in a bid to curb piracy. The decision to use memory sticks, comes hard on the heels of the introduction of “Budget CDs

Prime Minister, fiancée blow US$50k in New York

Sydney Kawadza Assistant News Editor
PRIME Minister Morgan Tsvangirai reportedly pampered his fiancée Ms Elizabeth Mazvita Gama (nee Macheka) by booking her into a US$5 000-a-night suite at New York’s exclusive Waldorf Astoria Hotel for a week.

Ten other family members, including sons and daughters-in-law and officials from his office, spent seven nights at the Double Tree Hotel which charges US$390 per head per night.

Prime Minister Tsvangirai was reportedly granted a US$2 000 discount at the Waldorf Astoria.
Overally, the MDC-T leader was paying at least US$6 900 a day for his private trip in New York, translating to US$48 300 for accommodation only for the week-long stay, a figure that shoots up if the cost of return tickets to various destinations is factored in.
These figures exclude other people in the delegation like security personnel.
The PM has his own security aides on top of Government security details. He grabbed headlines last year when he allegedly married Ms Locadia Karimatsenga Tembo, whom he ‘‘divorced’’ within 12 days.

AfDB urged to use MTP

Business Reporter
THE Afrocan Development Bank has been urged to use the Medium Term Plan as a tool to help the country address its critical problem. This was one of the key recommendations proposed at a consultative meeting on the African Development

Prepare for a changing world

The population of the world continues to grow together with the average standard of living, increased demand for food, water, energy and waste disposal is placing increasing pressure on the environment. The world’s population doubled from 3,2 billion in 1962 to 6,4 billion in 2005 and is forecast to grow to 9,2 billion by 2050. While the world’s workforce is growing

When six billion dollars changes hands in just 7 days

Zachary Aldwin Milkshake in the Boardroom
LAST month I was in Las Vegas at the annual National Association of Broadcasters conference. It’s one of the largest film and sound production trade shows in the world. Products, speakers and personalities from all over the world congregate in

Hippo Valley submits indigenisation plan

Sugar manufacturer Hippo Valley Estates, a subsidiary of agricultural and agro-processing concern Toongat Hullet, has submitted its indigenisation plan to the National indigenisation and Economic Empowerment Board. The company had been under pressure from the Government to comply with the country’s indigenisation laws. The law stipulates that foreign-owned

Plan International scoops best employer award for 2011

Business Reporter
PLAN International Zimbabwe and BancABC have been named as some of the best employers for the year 2011. Both organisations emerged winners in their respective categories, with Plan International being voted the Industrial Psychology Consultants (Pvt) Ltd best employer in the non-governmental organisation category, while BancABC also led in the private

Zim embark on robust ICT initiatives: Chamisa

ZIMBABWE has embarked on an ambitious Information Communication Technology programme aimed at transforming the nation into the knowledgeable societies in Africa, a Cabinet minister has said. Information Communication Technology Minister Nelson Chamisa said the review of the country’s ICT policy would ensure that the nation had been transformed to maintain its

April inflation rises to 4,3 percent

Business Reporter
ZIMBABWE’S headline inflation has increased by 0,05 percent to close April at 4,03 percent, official figures show. The Zimbabwe National Statistical Agency reported that the annual rate of inflation reflected an upward trend last month after a decline in the

×
×