adminRBZ cautious on Treasury bills
Tawanda Musarurwa Business Reporter
ZIMBABWE’S fiscal authorities are reluctant to issue paper for fear this could add to present fiscal pressures. An International Monetary Fund’s executive board report brought out the issue following the Article IV consultations it held with the country’s monetary authorities earlier this year.
Ethics foundation for good governance
Bradwell Mhonderwa Business Ethics
SINCE the formation of the inclusive Government, so much has been said and written about the need to institute good corporate governance in businesses. This was justifiably so, as business leaders want the country to turn a new leaf, bury the ills of the past decade and consummate
Search for Zim Black Opal face begins
Brenda Phiri Arts CorrespondentIT was all glitz and glamour when Black Opal Face of Zimbabwe launched its products and a promotion to search for a person who will represent the company in Harare last week. The search for the Black Opal Face of Zimbabwe will begin this month where the winner will endorse cosmetics and skin
Family day delight
Problem Masau Arts Correspondent
The Police Commissioner-General’s Funfair held on Saturday is growing each year judging by the number of people who turned up for this year’s edition. The event lived to its billing as a family day fete, as parents came with their children for a day of fun, where they were treated to different
Masawara suffers US$4,2m loss
Golden Sibanda Business Reporter
LONDON Stock Exchange-listed Masawara plc lost US$4,2 million in the interim period to June 30 2012 on the back of losses in subsidiary and associate companies. Telerix Communications, Zuva Petroleum, Mauritius Energy Limited and Joina City suffered losses in the period under review.
Power tender cancelled
Martin Kadzere Senior Business Reporter
THE State Procurement Board has cancelled the tender for Kariba South’s US$700 million expansion programme, Energy and Power Development Minister Elton Mangoma said yesterday. A Chinese firm, Sino-Hydro, was the sole bidder for the project but failed to win the tender after