adminKasukuwere urges youths to build nation
Business ReporterYOUTH Development, Indigenisation and Economic Empowerment Minister Saviour Kasukuwere has urged the youth to focus on nation building. He was speaking at a fund-raising dinner dance at the weekend in Harare organised by Amazing Grace Young People’s Union to raise funds to buy a
AAG launches awareness campaign
Peter Matambanadzo Senior Business ReporterTHE Affirmative Action Group has intensified its indigenisation and empowerment drive by launching a nationwide awareness campaign. The initiative, which seeks to embrace Government’s indigenisation programme, is targeting youth and informal traders. The first chapter was launched at the
LAM to resume Harare flights
Business ReporterLAM Mozambique Airlines will introduce its maiden flight on the Harare-Beira and Harare-Maputo routes on October 30 as regional airlines continue to capitalise on the vacuum left by Air Zimbabwe. LAM’s marketing analysis manager in the commercial division Mr Mariano Guefate said the flights
Forex speculation slowly on downside
Prodigy Chinanga Money in MotionTHE US$4 trillion a day foreign exchange market seems to be losing confidence in central banks’ abilities to boost a struggling global economy.
Foreign exchange speculation is slowly being affected on the downside by spending cuts and tax increases in the US, concern over European debt
Lessons from Nollywood
Ben Chiganze A Bassfisherman’s ApproachNIGERIAN films commonly referred to as “African movies” took Zimbabwe and many other African countries by storm a few years ago and continue to be popular on the continent. There is no doubt that the African movies are the most popular channels on DStv channels and Wiztec. The
Infrastructure Bond for prepaid meters
Walter Muchinguri Assistant Business EditorTHE Infrastructure Development Bank of Zimbabwe will tomorrow issue its maiden three-year Infrastructure Development Bond to raise US$30 million to fund the retrofitting of prepaid meters in homes and small institutions countrywide. The meters will be installed by the Zimbabwe Electricity
MTP progress report ready
Golden Sibanda Senior Business ReporterTHE Ministry of Economic Planning and Investment Promotion will early next month present to stakeholders the progress report on the implementation of the Medium Term Plan, a senior Government official has said. Secretary for Economic Planning and Investment Promotion Dr
Gold output rises
Business ReporterGOLD production jumped 61 percent to 11 140kg in the nine months to September 30 this year, the Chamber of Mines of Zimbabwe said in statement yesterday. Output for 2012 is projected to reach 15 000kg as mines ramp up production despite cash constraints. Zimbabwe earned US$1,4 billion
‘Hollywood must come to Nollywood’
Petite in stature yet a powerhouse in her field, actress Rita Dominic tells NET about her experience as a first time producer, the many challenges she has had to face since becoming an actress, and how she feels about the growth of Nollywood. You’ve been off the scene for a while now. Where. . . as Murewa cultural fete kicks off
Winstone Antonio Entertainment ReporterThe annual Murehwa Uzumba Cultural Festival (Mucuf) kicks off today at the Murewa Culture Centre in what promises to be a fun-filled five-day arts fete. This year’s addition is running under the theme “Culture and Nature”. A festival bira ceremony will mark the official opening tomorrow, which will