adminPremier opens shop for farmers
Business ReporterPREMIER Tobacco Auction Auction Floor, a newcomer in the tobacco industry, has diversified its business portfolio to include a convenience shop.
TSL eyes outgrower scheme
Business ReporterTOBACCO Sales Limited says plans are at an advanced stage to establish a tobacco grower scheme as the group targets growth in profitability next year.
Climate Story: Rio+20 will be no honeymoon
Jeffery Gogo
THE controversial concept of a green economy within the context of sustainable development will be at the centre of negotiations at the United Nations Conference on Sustainable Development or Rio+20, which starts in Rio de Janeiro, Brazil, on Wednesday .
Entrepreneurship with Fanuel Kangondo: Interfin, Genesis saga sends wrong signals
Recent events leading to the closure of two financial institutions over the past week make sad reading indeed as they bring back memories of years gone by.It is unAfrican to celebrate the demise of another human being and as details emerge from the troubles that led to the placement of Interfin Bank under curatorship and Genesis Investment Bank surrendering its licence, it leaves one wondering where we are heading to.
Arda goes for self-reliance
Tendai MugabeHerald Reporter
THE Agricultural and Rural Development Authority has embarked on a massive transformation of its estates countrywide into self-reliant business entities.
Arda adopted a business model to finance its operations after failing to obtain funding from Treasury in the last 72 months.
Blacklist errant bankers
Albert Nhamoyebonde
Business Correspondent
As an ordinary depositor, I find it difficult to understand why those charged with looking after other people’s money are failing to do so.
Surely, if something is entrusted to you, it does not mean that you own it. It has been given to you for safekeeping not to use recklessly if all at all you want to use it and provided that the owner will get it back at the end.
Italy to sell off state assets, trim civil service
ROME. — Italy last week adopted a series of growth boosting measures, plans to sell off state assets and trim the number of government workers as the country comes back into the line of fire in the eurozone debt crisis.Indian minister for presidency
NEW DELHI. — Indian Finance Minister Pranab Mukherjee, under fire for his handling of the faltering economy, is to step down after being named last week as the ruling coalition’s candidate for president.Sanctions against Iran to affect S. Africa: Official
CAPE TOWN. — The US-imposed sanctions against Iran over its nuclear programme are going to impact the South African economy by disrupting its fuel supplies, a senior official said last week.Samsung, Apple rule the roost
NEW YORK. — Samsung and Apple have captured more than half the global market for smartphones and over 90 percent of its profits, a research firm said last week.ABI Research said global smartphone shipments grew 41 percent year-over-year to 144,6 million in the first quarter of 2012.