adminSadc 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
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
Govt mulls fund for bank debts
Golden Sibanda and Victoria RuzvidzoGOVERNMENT is working on laws to create a fund for the takeover of the banks’ non-performing loans, one of its recent concerns in the beleaguered banking sector. It also emerged yesterday that the Reserve Bank of Zimbabwe would this week deal “decisively” with banks on their
Magacha takes ‘Ridza Bvosvo’ to UK
Entertainment Reporter
Youthful gospel artiste Sabastian Magacha left Harare for the United Kingdom last week where he is on a week-long tour. His producer Joseph Madzivire accompanied Magacha, who is known for his chart topper “Ridza Bhosvo”. Speaking at the airport, Sabastian said he was happy to go on his
Theatre in the Park hosts comedy fiesta
Clever Matarutse Entertainment ReporterTheatre in the Park presents a five-day comedy fiesta featuring some of Zimbabwe’s best comedians. The fiesta’s main objective is to bring the fast growing industry closer to the people, with this being the first of many to come. Stand-up comedy has been on the rise with the leading exponents
More praise, worship for gospel fans
Edgar Moyana Christian EntertainmentThe local gospel music scene has attracted a lot of media attention in recent months following visits by international and award-winning artistes.
Quite a number of renowned artistes have come to share their inspirational music and experience with local artistes and fans. Some of the