CSOT producing results

Kudzai Kureva Business Reporter
A 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, Namibia
From 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 Reporter
The 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 Zimbabwe
Tomorrow 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 Reporter
FORMER 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

Time to award the tourism industry

Tourism Matrix Isdore Guvamombe
That 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

Hippo Valley profits tumble

Golden Sibanda Senior Business Reporter
HIPPO 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

Global platinum supplies plunge

The global platinum market is expected to suffer a 400 000 ounce deficit by the end of the year due to a substantial reduction in global production, an industry consultancy firm has said. Last year the platinum market recorded a 735 000 surplus which was anticipated to persist into next year as

Together we can turn the tide

Cathrine Murombedzi HIV Walk
Sometime last week I was wearing a T-shirt carrying an HIV message by Elisabeth Glaser Foundation that read: “Reduce HIV infection to your child, register pregnancy at 14 weeks or earlier”. Usually one does not realise the transcending effect such a message carries. I got a lift from a taxi

Of infill stands, corruption

Loverage Nhamoyebonde Features Correspondent
Town planners of former times had done a noble job by leaving open spaces when they allocated residential stands throughout Harare’s suburbs.
Several open spaces where left unoccupied for use as play grounds, open markets and or recreational facilities. Churches, community halls and

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