admin‘Cash drought’ dogs firms
Martin Kadzere Corporate NewsDuring the decade from 1999 to 2009, Zimbabwe’s economy suffered a massive decline due to pervasive economic challenges. The country witnessed galloping inflation, which at the last official count in July 2008 reached 231 million percent. This inflation rate destroyed all the economic
Who has got the Midas touch?
Business ReporterMOTOR parts experts from across Zimbabwe will take part in the Zim-Midas Parts Challenge regional tests this week, which will culminate in national finals, scheduled for the end of September. Zim-Midas Parts Centres have already launched the search for Zimbabwe’s parts person the year for
Emirates offers discounted hotel package
Business ReporterEMIRATES has introduced a package that will guarantee its passengers from Harare and other destinations exclusive savings at premium hotels in Dubai when booking via the Emirates website before September 10, 2012. According to the airline, the offer is applicable to holidaymakers travelling
CZI manufacturing questionnaires ready
Business Reporter
THE Confederation of Zimbabwe Industries will send out questionnaires for its annual industrial manufacturing survey this month. The questionnaires had initially been expected to be sent out in July before the deployment was brought forward to this month. The questionnaires are critical in that they
Potraz invites bids for new base stations
The Postal and Telecommunications Regulatory Authority of Zimbabwe has opened tenders for the construction of base stations under the US$24 million Universal Services Fund (USF) second phase project. The regulator announced recently that it would construct 43 new base stations to spread
Do you know your competitors?
IN my past submissions I identified some of the fisherman’s competitors as fellow fishermen, crocodiles, fishmongers, ducks and other predator fish. It is interesting to note the level of competition among them is different. Some of the competitors are easier to notice than others. Others
Banks to set up employee share schemes
Business Reporter
BANKS are set to begin complying with the indigenisation requirements by initially implementing employee share ownership schemes, Youth Development, Indigenisation and Empowerment Minister Saviour Kasukuwere has said. The minister said the banks indicated that they were now
Securities law tightened
Golden Sibanda Senior Business Reporter
RECENT amendments to the Securities Act will tighten and improve the regulation of securities and exchange markets, industry stakeholders and experts said this week. Securities Commission of Zimbabwe chief executive Mr Tafadzwa Chinamo said the amendments addressed challenges that
Zim in bid to harmonise tariffs
Tawanda Musarurwa Business Reporter
THE Government will soon be working on the harmonisation of excise duties to match those prevailing in the region, Deputy Industry and Commerce Minister Mike Bimha has said. He said although the move follows appeals to the ministry by local players in the beverages sector, the review would be
‘Come on CAPS United!’
Robson Sharuko Senior Sports Editor
SEAN CONNOR’S parting words with CAPS United directors, as he embarked on his journey back home yesterday, was a battle cry for the Green Machine to turn around their bleak season with one final act of defiance in the 60th edition of the Harare Derby on Sunday. The showdown will be