adminHippo Valley profits tumble
Golden Sibanda Senior Business ReporterHIPPO Valley Estates profit after tax fell by 19,2 percent to US$11,1 million in the interim to September 30 2012 weighed down by margin pressures due to wage increases. Its after tax profit dipped despite the raw sugar producer registering a 30 percent jump in revenue to US$90,7 million. In a
Time to award the tourism industry
Tourism Matrix Isdore GuvamombeThat time of the year has come when Zimbabwe’s illustrious sons and daughters in the tourism and hospitality industry and companies that made the biggest contribution to the sector are honoured. The Zimbabwe Tourism Authority, the vanguard of the industry presents the prestigious
I’ll engage in respectful dialogue: US envoy
Takunda Maodza Senior Reporter
INCOMING United States Ambassador to Zimbabwe Mr David Bruce Wharton said yesterday his country must be a good partner to Zimbabwe, but would only change its confrontational policy based on its views on constitutional reform and elections. Relations between Zimbabwe and the US are
2014 model cars: A peep into the future
Fact Jeke MotoringIN just over a year from now the only things that I am certain of are that there will be at least a dozen exciting new, 2014 model cars hitting the street that will make people green with envy. In this week I decided to enlighten and raise your expectation on what’s coming in the future.
Solar systems provide safe, reliable service
Viability of Solar SystemsA correctly designed and installed solar system for both power and water heating will provide many years of green, safe and reliable service and can be applied to any electrical use. This can be used for off-grid; complete replacement of existing power systems; back-up for load shedding and power
CSOT producing results
Kudzai Kureva Business ReporterA LOT of interest was generated by the introduction of Share ownership trusts in October last year as the nation pondered on whether or not this development strategy would really achieve the desired outcomes. A year after the launch of the first CSOT in Mhondoro-Ngezi and subsequent
‘Africa must review natural resources extraction deals’
Kizito Sikuka in Windhoek, NamibiaFrom Cape to Cairo or Yaoundé to Mogadishu, the scramble for Africa’s resources has often caused problems instead of creating prosperity. Most of the profits from resource exploitation leave the continent entirely in the hands of foreign-owned companies which pay low rates of tax. Very few
Inaugural clothing Indaba begins today
Business ReporterThe Zimbabwe Clothing Manufacturers Association is hosting the two-day inaugural Clothing Indaba, which begins in Harare today featuring a trade fair and fashion show. The event is mainly designed to promote the local industry and also help to demonstrate its capacities and abilities.
My Own Boss grand finale
Robert Garai Muganda Buy ZimbabweTomorrow evening My Own Boss will crown a new champion to join the league of extraordinary entrepreneurial champions and mentors that continue to make Zimbabwe proud by supporting the economy. These include Securico managing director Mrs Devine Ndhlukula, Kingdom Bank
Zim beauty queen elected ATA president
Business ReporterFORMER Miss Tourism Zimbabwe, Rumbidzai Mudzengerere has been elected president of the Africa Travel Association Young Professionals Programme Global. The announcement was made recently by ATA in New York. The election comes weeks after the ATA Young Professionals Africa