adminBanks on track . . . as phase one recapitalisation deadline nears
Golden Sibanda Senior Business Reporter
BANKS have submitted viable recapitalisation plans in line with the first phase of minimum capital thresholds compliance deadline at the end of this month, Reserve Bank of Zimbabwe Governor Dr
BNC needs US$20m fresh capital
Business ReporterBINDURA Nickel Corporation says it will require fresh capital injection of US$20 million in its second year after resuming operations. The firm has been under care and maintenance since 2008, after
Good cotton harvest forecast
Business ReporterZIMBABWE is set to register a good cotton harvest next year as figures from the Cotton Ginners’ Association show that more than 8 000 tonnes of seed have been sold. This is despite the general
Basics of forex trading
Prodigy Chinanga Money in Motion
IN the past few months we have had major swings in the financial markets, mostly driven by data as the markets have become a slave to market sentiment. In this instalment I will focus on how toSAA, Air Canada enter into code sharing agreement
Business ReporterSOUTH African Airways and Air Canada have entered into a code sharing agreement that will make it convenient for passengers travelling between South Africa and Canada. In a statement, SAA said it will
Xmas cheer for Germany investors
FRANKFURT. — Investors in Germany are increasingly feeling some Christmas cheer, with sentiment topping a seven-month high this month on hopes that Europe’s top economy will dodge recession, dataGive us policy certainty, ANC told
JOHANNESBURG. — Business Unity South Africa on Monday said the African National Congress’ 53rd National Elective Conference must provide the country with “political leadership and policy certainty.”ZimAlloys in bid to woo investors
Ferrochrome producer Zimbabwe Alloys is looking for investors after it failed to secure a loan to refurbish its furnaces and retire debts, an official said on Monday. ZimAlloys this year applied for a US$60 millionHwange yet to fill MD’s post
Hwange Colliery Company is still searching for a managing director to replace Mr Fred Moyo who retired in September this year. HCCL announced on Monday through recruitment agency Lorimark Africa that itWhy you should stick to dress codes
Ben Chiganze Bass Fisherman’s Approach
LAST weekend one of our friends, Duncan, joined us for bass fishing at Harahwa Dam near Chitungwiza. We met at the dam around 10am. It was Duncan’s first time to fish bass, so he was