adminDeMbare’s derby pay day
Eddie Chikamhi Sports ReporterCHAMPIIONS Dynamos not only left the Rufaro with the bragging rights when they edged bitter rivals CAPS United in the 69th Premiership Harare derby on Saturday but they also smiled all the way to the bank with the biggest purse earned by any club so far this season after grossing a record-breaking US$135 000.
World Bank hails Zim debt strategy
Martin Kadzere Senior Business Reporter
THE World Bank has commended Zimbabwe’s new strategy to retire its foreign debt, hinting that the Bretton Woods institution may reconsider funding some programmes, the bank’s country manager, Mr Mungai Lenneiye, said.
OK Zim revenue surges
Bright Madera Senior Business ReporterOK Zimbabwe Limited says revenue for the first quarter to June 30 2012 increased 31 percent to US$117 million from US$89 million recorded during the corresponding period last year.
TN Bank share price tumbles
Business ReporterTN Bank’s share price dropped 37,5 percent to trade at US20c since its separate listing on the local bourse mid this month. The former TN Holding unit continues to recorrect post demerger after its initial listing price of US32,08c. The opening price was at par with what Econet Wireless Zimbabwe
Smartphones spur Samsung to record US$4,5bn net profit
SEOUL. — South Korea’s Samsung Electronics last week posted a record net profit of 5,19 trillion won (US$4,53 billion) in the second quarter, powered by strong smartphone sales despite the global downturn.Insurance practitioners get diplomas, certificates
Business ReporterA TOTAL of 72 insurance practitioners received diplomas and certificates during the Insurance Institute of Zimbabwe annual graduation ceremony held at a local hotel on Friday last week. Of the 72 graduates 21 were inaugural recipients of the Associateship diplomas under the Associateship
Motec clinches deal to supply mining equipment
Business Reporter
Automotive group Motec Holdings has clinched a franchise to distribute heavy machinery supplied by Japanese company Komatsu. Speaking at the launch of Motec Heavy Machinery Company at the ongoing Mining, Engineering and Transport exhibition in Bulawayo on Wednesday, the company’s
Key attributes for business success in
Fanuel Kangondo EntrepreneurshipFrom time to time businesspeople whether new or established, find themselves in situations where they ask themselves questions on how they can make their ventures more successful.
Let’s do away with the ‘fire season’
Jeffrey Gogo Climate Story
THE fire season is upon us. They have actually glorified irresponsible human behaviour by creating and classifying it into a season — the fire season — as if it were something really worth celebrating like the planting season.
Mutasa pledges to empower women
Business ReporterINDIGENOUS Businesswomen Organisation president Dr Jane Mutasa has pledged to impart entrepreneurial skills to prospective businesswomen to empower them.