ASL to shore up Dawn stake

Bright Madera Senior Business Reporter
HOTEL group African Sun Limited is seeking substantial parcels of Dawn Properties shares to shore up its stake in the property company, sources have said. This comes after ASL yesterday said it had acquired

WMMI needs US$7m fresh capital

Golden Sibanda Senior Business Reporter
VEHICLE assembler Willowvale Mazda Motor Industries says it requires up to US$7 million to finance working capital and capital expenditure programmes. WMMI said fresh capital injection was needed to

Encourage, build one another

Ben Chiganze Bassfisherman’s Approach
THE usual pomp and fanfare that characterises bass fishing awards ceremony was marred when the captain Barnabas and his subordinate Takaz exchanged blows on the banks of Darwendale Dam last

Gold demand to surge

Prodigy Chinanga Money in Motion
THERE is at least one thing the bulls and bears agree on, that is a rally in gold supported by market imbalances. Gold prices will be driven by geopolitical issues apart from governments printing money

Microsoft unveils ‘Surface’ tablet

LOS ANGELES. — Microsoft on Monday unveiled its first tablet computer, the Surface, as the technology titan steps in with its own hardware to take on Apple’s market-ruling iPads. Chief

Utande unveils new broadband service

Business Reporter
One of the country’s leading Internet service providers, Utande, has introduced an innovative broadband service designed for households and small businesses. The latest offering from the data

Inflation declines marginally

Tawanda Musarurwa  Business Reporter
ZIMBABWE’S annual rate of inflation declined slightly from 4,03 percent in April to 4,02 percent last month, the Zimbabwe National Statistical Agency has reported. “The year-on-year inflation rate for

Freda Rebecca gets ISO 14001, OHAS 18001 certification

Tawanda Musarurwa Business Reporter
GOLD producer Freda Rebecca has received ISO 14001 and OHAS 18001 certification, which are internationally recognised standards for sustainable environmental management and occupational

Green up!

What is World Environment Day?
The World Environment Day is celebrated across all continents on June 5 every year. The day is celebrated around the world in many ways, including street rallies, competitions in schools, tree

Zimplow consolidates

Bright Madera Corporate News
LAST year, the Reserve Bank of Zimbabwe resolved to dispose of its shares in non-core businesses to concentrate on its core functions as a monetary authority. The central bank then invited bidders by

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