adminNTS records 40pc rise in net profit
National Tyre Services says it shrugged off stiff competition to record a 40 percent increase in net profit for the half-year ending September 30, 2012. After-tax profit surged to US$478 695 from US$336 721Mining industry leads economic recovery
Martin Kadzere Senior Business Reporter
ZIMBABWE’S mining sector has been the country’s most active sector, leading economic recovery since 2009 with an average annual growth of 30 percent. Supporting this growth was the strong
Editorial Comment: Census results: Let’s plan for prosperity
Zimbabwe population growth is now moderate with birth rates clearly dropping to around replacement levels, something that should have been expected when we made the decision in the 1980s to send
ZABG changes to Allied Bank
Fanuel Kangondo Business Editor
ZABG Bank enters a new era as the Reserve Bank of Zimbabwe has approved its name change to Allied Bank. The name change is in line with the ongoing rebranding of the recently recapitalised bank, which
PG disposes of non-core assets
Golden Sibanda Senior Business ReporterPG Industries Limited shareholders have approved the disposal of Manica Boards and Doors to Old Mutual Zimbabwe and the sale of the group’s other non-core assets. PG’s stake was diluted from 60
Mimosa writes off RBZ debt
Martin Kadzere Senior Business ReporterMIMOSA Mining Company, Zimbabwe’s second largest platinum miner, has written off the US$57 million it is owed by the Reserve Bank of Zimbabwe, a Cabinet minister has said. Youth Development,
The ethics of corporate gifts
Bradwell Mhonderwa Business Ethics
The festive season is once again upon us and corporate year-end parties and banquets are now the order of the day as companies put a cap on the business activities of 2012 in preparation for 2013.ZIB honours long serving employees
Business ReporterZimbabwe Insurance Brokers Limited recently awarded its long-serving employees in a move aimed at appreciating and motivating staff. Speaking during the awards ceremony, ZIB board chairperson Mr
Gogo scoops environmental awards
Gilbert Munetsi Business CorrespondentHerald Business columnist Jeffrey Gogo last Friday scooped the 2012 E-Africa Overall Environmental Reporter of the Year and the Most Consistent Reporter awards. He walked away with prize money, two