Insurance industry responds

Walter Muchinguri in Bulawayo
THE Insurance Institute of Zimbabwe’s annual conference opened in Bulawayo yesterday with former Old Mutual Zimbabwe group chief executive Mr Luke Ngwerume challenging leaders in the industry to respond to debate on the policy values that were eroded after the conversion to

Hwange seals US$22m deal

Martin Kadzere Senior Business Reporter
HWANGE Colliery Company has sealed a US$22 million supply credit deal with a Chinese mining equipment company Norinco, chairman Mr Farai Mutamangira has said. This follows an invitation of bids by the coal mining giant in April this year for supply of a wide range of equipment after the

Africa’s consumer industry to grow: Survey

Martin Kadzere Senior Business Reporter
AFRICA’S consumer facing industries are expected to grow by more than US$400 billion in the next eight years, representing the continent’s largest business opportunity, according to a report by McKinesey’s Africa Consumer Insight Centre. But many companies, particularly those new to the

Local firms to tour China

Representatives of 20 local companies from the Manicaland chapter of the Zimbabwe National Chamber of Commerce, will this week tour the industrial area of Guangzhou Province in China, to explore business opportunities. The tour would involve high profile business meetings to discuss joint

ICTs contributing towards retrenchments

Adoption of new technologies in industries is contributing towards retrenchment levels in the country, the Confederation of Zimbabwe Industries has said. In its 2012 annual Manufacturing Sector Survey report, the CZI said 21 percent of industries engaged indicated that they had retrenched

‘Embrace e-post, e-courier services’

Rumbidzayi Zinyuke Business Reporter
THERE is need for postal and courier service providers to embrace modern technologies to boost business as volumes have declined due to alternative means of communication being offered to customers, authorities have said. Speaking at the World Post Day commemorations held in

Self-regulation key to ethical cultures

Business Ethics Bradwell Mhonderwa
I
ndustry self-regulation is one of the key methods that can be used to grow ethical cultures in different sectors of the economy, and in organisations.Each industry or economic sector operates with its own set of rules and regulations to control the conduct of firms falling under it. 

TIMB licenses 3 tobacco auction floors

The Tobacco Industry and Marketing Board has licensed three companies to auction the crop during the coming marketing season. Last season, four companies were buying and selling the golden leaf. TIMB chief executive Dr Andrew Matibiri said that six companies had applied for licences to

2013 National Budget: Biti’s mission impossible

As Finance Minister Tendai Biti readies to face an expectant nation when he delivers the 2013 National Budget on Thursday, all signs are pointing to economic stagnation and nothing short of a miracle will salvage the economy. The Confederation of Zimbabwe Industries has already sounded

Sacked miners get more time to reclaim jobs

JOHANNESBURG. — Thousands of Anglo American Platinum workers sacked last month for staging an illegal strike in South Africa have been given more time to decide if they want to reclaim their jobs, unions said yesterday. Amplats has repeatedly shifted the deadline for the 12 000 workers that

×
×