adminInflation to remain low, but . . .
Tawanda Musarurwa Business ReporterECONOMISTS have concurred with Treasury’s projections for the annual rate of inflation to the end of 2013, but remain concerned about the factors keeping the inflation rate low. In a recent 2013 Pre-Budget Strategy Paper, Finance Minister Tendai Biti projected the country’s headline inflation to
FMI indigenised: Govt
Tawanda Musarurwa Business ReporterGovernment has dismissed as “frivolous” and an abuse of the court system the application by former BP- Shell employees to reverse the acquisition of the oil company by FMI Zimbabwe, following a row over a staff share ownership scheme. Contrary to the workers’ claims — that FMI Zimbabwe failed
‘Firms flout business ethics’
Business ReporterAlmost 30 percent of employees have witnessed an unethical business activity within their organisations or firms, a study carried out by Industrial Psychology Consultants (Ltd) has revealed The study, which sought to highlight Zimbabwean companies’ level of adherence to ethical business
Cosmetic policies will not work
Takunda Mugaga Economic AgendaTHE journey to the 2013 National Budget Statement presentation on November 15 has been characterised by anxiety and huge expectations and the envelope that Finance Minister Tendai Biti will present is expected to either to make or break the aspirations of the generality of the populace.
Estate planning crucial
Freddy Chawasarira Business CorrespondentThe following account that you are about to read is based on a true but sad story that happened a few years ago. As I approached the robot-controlled intersection, I noticed that the traffic lights were not working. There were no car coming from all the sides. I therefore proceeded to
Zim slips on ‘Doing Business’ index
Business ReporterZIMBABWE needs to improve its business climate to lure investment after dropping points in most key indicators, to slip two places down the World Bank’s 2013 Global Doing Business rankings to 172. The country lost ground on the global index after failing to garner credit on resolving insolvency,
No two properties are identical
Vengai Madzima Property GuideAS we approach the end of a year that has witnessed nominal property transactions resulting from the lack of finance on the market, it is still important to pursue investment models that will make one richer as the inevitable end of this crisis fast approaches. The hyperinflationary period
Zimra automation now urgent
Rumbidzayi Zinyuke Business ReporterGOVERNMENT needs to urgently fund automation of the Zimbabwe Revenue Authority’s systems to improve its revenue inflows in the wake of ballooning financial obligations against a thin resource base. Zimra faces the daunting task of ensuring maximum performance of all revenue
Zim women underpaid: Survey
Rumbidzayi Zinyuke Business ReporterZIMBABWEAN women in formal employment are facing discrimination at work as they are getting paid considerably lower salaries than their male counterparts with the same qualifications, studies have shown. According to a recent salary survey conducted by CV People Africa in partnership with
All that glitters is gold for New Dawn
Business ReporterGOLD producer New Dawn Mining Corporation has reported record gold production of 37 623 ounces for the year to September 30, 2012. This was a 41 percent improvement from the 26 689 ounces produced in the previous year. As a result, the Toronto Stock Exchange-listed company’s revenues also