Barclays Bank upgrades IT platform

BARCLAYS Bank of Zimbabwe has finished the first phase of a Wide Area Network (WAN) fibre-optic connectivity project that is set to replace the current VSAT technology. The new fibre-optic connectivity

ABC profit jumps 51pc

Golden Sibanda Senior Business Reporter
ABC Holdings attributable profit for the interim period to June 30, 2012 jumped by 51 percent to 56 million Botswana pula, driven by strong income from wholesale and retail banking operations.

Potraz gets tough with mobile firms

THE Postal and Telecommunications Regulatory Authority of Zimbabwe has made it compulsory for the mobile network providers to share infrastructure as a prerequisite of the renewal of their operating licences next year.

History has its place in any business

Zachary Aldwin Milkshake in the Boardroom
IN the midst of the trauma and chaos of the Russian invasion of Poland during World War II a young woman was sent to the Siberian Gulag (forced labour camps) because her husband worked for the Polish military.

MBCA Bank nets US$2 million profit

Business Reporter
MBCA Bank after tax profits jumped by 344 percent to US$2 million in the interim to June 30, 2012 largely driven by significant growth in net interest income. Operating income came in at US$10 million in

New voice for tourism employees

Patrick Chitumba Business Correspondent
THE newly formed Employers’ Association of the Tourism and Safari Operators (EATSO) is working on new job titles, a new grading system as well as conditions of service for employees in the two sectors.

New Dawn to buy out minorities in Falgold

Tawanda Musarurwa Business Reporter
NEW Dawn Mining Corporation has begun the process of buying out minority shareholders in the Falgold Gold Mine, as it seeks to rationalise its group and capital structure. Minority shareholders

Inflation rate drops

Business Reporter
ANNUAL inflation shed 0,03 percent on the June rate to 3,94 percent in July, as tight liquidity conditions and the US dollar restricted price movements.

Why are we so blessed?

Tichaona Zindoga
Three things have happened in the last couple of weeks that may prompt any Zimbabwean to think, “Why are we so blessed?” The latest of these concerns the indefatigable Archbishop of York, John

Sick leave contentious

At The Workplace Wenceslaus Murape
The issue of sick leave for workers has remained contentious as both employers and employees have at times been found wanting in properly sticking to the correct rules and regulations. Section 14

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