adminTIMB 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 toSelf-regulation key to ethical cultures
Business Ethics Bradwell MhonderwaIndustry 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.
‘Embrace e-post, e-courier services’
Rumbidzayi Zinyuke Business ReporterTHERE 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
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 retrenchedLocal 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 jointAfrica’s consumer industry to grow: Survey
Martin Kadzere Senior Business ReporterAFRICA’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
Hwange seals US$22m deal
Martin Kadzere Senior Business ReporterHWANGE 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
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
MTP reviewed
Golden Sibanda Senior Business Reporter
THE World Bank projects investment in the mining sector to reach US$15 billion by 2018 on the back of strong policy support with the investment seen creating about 30 000 new jobs. The Bretton Woods institution has thus called on Government to anchor its medium-term economic growth
Mic Inity thrills crowd at Spar promotion
Tawanda Ngena Arts CorrespondentIf Buju Banton was not behind bars most of those who braved the scorching summer temperatures to witness the grand draw of the Spar “Woza Summer” promotion at the new-look Fife Avenue Shopping Centre could be forgiven for thinking the reggae music legend was in Harare. The “Buju