adminMining Indaba to boost FDI
Business Reporter
THE 2012 edition of the Mining Indaba will be held in Harare from September 12 and 14 and will focus on efforts to boost foreign direct investment in mining. According to the Chamber of Mines, the mining industry requires US$5 billion to recapitalise over the next five years. With most firms in the
Ecobank returns to profitability
Business ReporterECOBANK Zimbabwe recorded a 55 percent increase in net interest income to US$2,1 million during the six months to June 30, 2012. This was an improvement in the performance for the bank. The bank’s net revenues grew by 164 percent off a low base to US$5 million, outpacing increases in
Industry sings the blues as firms’ capacity utilisation stagnates
Martin Kadzere Senior Business ReporterLOCAL supermarkets remain largely stocked with imported products despite an increase in average industrial capacity utilisation, a reflection of extreme disparities between firms’ levels of production. While average capacity utilisation has risen to about 60 percent, imported goods still
ZIA tracking system on course
The Zimbabwe Investment Authority on Tuesday said it had completed the first phase of installing an investment tracking system. The project stalled in February this year over financial problems. ZIA sought to establish an information technology-based investor tracking system to monitor progressSadc women push for equality in climate talks
Johannesburg. — Gender activists have issued a strong call for an Addendum on Gender and Climate Change to Heads of States of Southern African Development Community. The Intergovernmental Panel on Climate Change working group predicts that Africa’s warming trend will be 1,5Understanding VAT registration
This article seeks to clarify what seems to be a misunderstanding between or among trading parties and give the correct position in terms of the Value Added Tax Act. Does a trader need to be registered for VAT in order to conduct any business with any other person? It is not a preconditionRenovating property for resale
Vengai Madzima Property GuideTHE question whether to buy a property in need of renovations or to build a new one is the dilemma faced by many investors who have serious interests in investing in real estate for the purposes of selling at a later stage. The aim essentially is to realise a substantial return on the
Minister bemoans influx of imported goods
Business ReporterMinister of Small and Medium Enterprises and Co-operative Development Sithembiso Nyoni says Government is concerned about the increase in the volume of imported goods in shops. She said this during a meeting held by the Harare Chamber of Small-to-Medium Enterprises recently. The
Step out of your comfort zone
Zachary Aldwin Milkshake in the boardroomLAST week we spoke about remembering your history and beginning to look towards the future. Part of the future includes that scary but exciting possibility that something new and undiscovered awaits you around the next bend. That possibility can keep you from going around the bend while