TSL in bid to delist subsidiary Chemco

Martin Kadzere Senior Business Reporter
TSL Limited is expected to announce an offer to delist its subsidiary Chemco Holdings from the Zimbabwe Stock Exchange and will soon seek approval to buy out minority shareholders, sources have said. Chemco, a manufacturer and distributor of

RBZ unhappy with nostro accounts interest

Business Reporters
BANKS have repatriated about US$243 million in nostro accounts since March this year but the Reserve Bank of Zimbabwe said it is concerned over high interests rates and strict lending requirements discouraging borrowings. Although banks are sitting on

Harare International Airport facelift to be complete by October

Refurbishment of the Harare International Airport runway and taxiway are progressing well and is expected to be complete by October this year. Government facilitated a US$18 million loan from the Infrastructural Development Bank of Zimbabwe from which the Civil Aviation Authority of Zimbabwe received US$14 million for the project, with the remaining US$4 million going

Improving your fuel economy

Fact Jeke Behind the Wheel
They used to say that you could only rely on two things in life — taxes and death. Not true! There are three things. Taxes, death and the cost of fuel spiralling forever upwards. So consider this article your guide to making the best of a bad

SPAR boss visits Zimbabwe

Business Reporter
SPAR International chief executive Dr Gordon Campbell arrived in Zimbabwe this week from the franchise’s headquarters in Holland on an official visit to meet SPAR retailers and members of the distribution centre in SPAR’s eastern region in the

Cloud computing: What is it?

Hausen Zimbowa
IN its broadest usage, the term cloud computing refers to the delivery of scalable IT resources over the Internet as opposed to hosting and operating those resources locally, such as on a college or university network. Those resources can include

Tourism Matrix: Tuku: A worthy tourism ambassador

Isdore Guvamombe
WHEN night fell on Victoria Falls on Monday May 21 2012, it was as if that was dawn. No one stayed home, including known hypochondriacs, the lame and the infamy. The real music of Zimbabwe called them, it knocked on their doors, their hearts and

Linkages critical to Zim economic recovery

Robert G. Muganda Buy Zimbabwe
Today Buy Zimbabwe hosts a Buy Zimbabwe Linkages meeting at the Quest Motors showroom in Harare’s central business district. The thrust of today’s linkages meeting is threefold. First, it seeks to create an array of business to business

Do away with ‘single-buyer model’, Government urged

Business Reporter
THE Government should do away with the “single buyer model” that currently typifies Zimbabwe’s electricity sector, a power generation expert has said. Engineer Francis Masawi, a former Zesa acting chief executive, made the call during a presentation

Family main abusers of women in Fiji: Expert

SUVA — Mother-in-laws and intimate partners of women in Fiji are the highest offenders when it comes to violence against women, a health expert said here yesterday. Doctor Tupou Wata, in a presentation on violence against women and how the health professionals can act to ensure that women are protected, said 80 percent of physical violence inflicted on women in Fiji

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