adminThere’s hope for gender parity in Parliament
ZWRCN Women EmpowermentThe Parliament of Zimbabwe was recently granted the International Standards Organisation certification for service delivery. It is the first and only legislative assembly in the world to attain such recognition. While such a development is something to be applauded, our concern is what does it
Embrace e-commerce, tourism industry urged
The tourism industry in Zimbabwe should embrace e- commerce to enable tourists across the globe to make pre-payments before visiting the country, a senior Government official has said. E-commerce is the implementation and application of Information Communication Technology solutions inIndia invites Zim buyers to textiles fair
Business ReporterTHE Indian Development and Investment Corporation Ltd (RICCO) in conjunction with the Federation of India Chamber of Commerce and Federation of Indian Chambers of Commerce and Industry (FICCI) have invited Zimbabwean businesses to attend the “VASTRA 2012”. “VASTRA 2012” is a trade
Afre seeks to raise US$8,6m
Africa First Renaissance Corporation (Afre) is seeking to raise US$8,6 million from its shareholders through a rights offer to finance its insurance business. The company’s board indicated in a circular issued last week that it would put on offer of up to 162,8 million shares on a subscription rate ofHigh Court approves Falgold deal
Tawanda Musarurwa Business ReporterTHE High Court has approved New Dawn’s takeover of equity owned by minority shareholders in the Falcon Gold Mine. The approval was granted on Wednesday last week. Canadian-based New Dawn owns or controls approximately 85 percent of Falgold mine but earlier this year proposed a Scheme
Going back to the basics
Fanuel Kangondo EntrepreneurshipLEGEND has it that for any development to take place in any particular area, there has to be some advocates spearheading the thrust who are committed to the cause without any reservations. This holds true when one looks at the pioneering businessmen in the early days that had a
NSSA pays out US$55m
Business ReporterTHE National Social Security Authority paid out US$55,3 million in benefits last year, more than double the figure it paid for the previous year.
The payout included retirement benefits, invalidity benefits, survivor’s benefits and workers’ compensation insurance fund claims. NSSA said the
Zimbabwe, Russia to sign Bippa
Business ReporterZIMBABWE and Russia are today expected to sign a proposed Bilateral Investment Promotion and Protection Agreement in a move expected to enhance investment and trade relations between the countries, a Cabinet minister said last week. Economic Planning and Investment Promotion
Zambezi power projects under threat
Jeffrey Gogo Climate StoryA NEW study has established that the Zambezi River Basin along with its existing and future large hydropower dams are ill-prepared for climate change. The report indicates that hydropower projects around the Zambezi are poorly evaluated for the risks from natural hydrological variability,
RBZ rejects Treasury bills bids
Business ReporterTHE Reserve Bank of Zimbabwe has rejected all bids for the US$15 million of 91 Treasury bills auctioned last week, central bank sources said.
RBZ made US$7,7 million, just above half of what Treasury intended to sell, with bids ranging between 5,5 percent and 15 percent per annum.