adminNetOne launches ‘Happy Hour’
Business ReporterAS the battle for market share among mobile phone networks intensifies, NetOne has announced that it will this weekend launch a new prepaid promotion dubbed the “Happy Hour”. This promotion will award a subscriber who recharges with US$1 worth of airtime, an hour of free NetOne to
Sadc forges ahead with common agenda
Joseph NgwawiSouthern Africa has taken a significant step forward in its quest for deeper regional integration following the approval of a long-awaited blueprint that outlines the region’s vision for infrastructure development. The Summit of Southern African Development Community Heads of State and
Zim to host ethical leadership summit
Tawanda Musarurwa Business Reporter
ZIMBABWE is set to host the Ethical Leadership for Corporate Africa Summit between October 22 and 24 in Victoria Falls. The event is being organised by the Business Ethics Centre in conjunction with United States firm Compliance Strategists LLC. BEC managing director Mr Bradwell Mhonderwa said
Agribank to disburse more IDCSA funds
Business ReporterTHE Agricultural Bank of Zimbabwe is set to disburse the second tranche of a US$30 million line of credit from the Industrial Development Corporation South Africa (IDCSA) by October this year. Agribank strategy, marketing and business development director Mr Joseph Mverecha said negotiations with
Tobacco nets half billion dollars: TIMB
A total of 144 million kg of tobacco worth over US$500 million were sold in the 2011-2012 marketing season, the Tobacco Industry and Marketing Board has said. Statistics released by TIMB at the close of clean-up sales show the country earned US$525 million, representing a 46 percent increaseSky’s the limit for ZABG
Martin Kadzere Corporate NewsAN exciting era is beckoning on the horizon for ZABG after multimillion dollar fresh capital injection by new controlling shareholder Trebor and Khays. Only two months ago, there were fears that the bank could miss the Reserve Bank of Zimbabwe minimum capital threshold of US$12,5
New price model for cotton
Agriculture ReporterSTAKEHOLDERS in the cotton industry have agreed on a pre-planting pricing model for cotton. A recent cotton indaba attended by ginners, farmers, Government officials, bankers, input suppliers and non-governmental organisations sorted out a longstanding dispute over prices. Agriculture
Call to speed up insurance law review
From Walter Muchinguri in NyangaTHE 2012 Insurance Institute of Zimbabwe summer school ended here yesterday with calls for Government to speed up the review of the Insurance Act. Delegates noted with concern that progress on the review had been slow, despite representations made since 1995. Delegates agreed that there
Gold continues to surge on Fed hopes
Prodigy Chinanga Money in MotionThe US economy has been sluggish and there’s growing belief that there is going to be a quantitative easing programme in September and decision-making is on this week. That anticipation on quantitative easing has been driving the markets at the moment. The market has