adminZesa eyes vendor financing
Power utility Zesa Holdings has said it is negotiating with several potential investors to recapitalise its telecommunications unit, PowerTel Communications, through vendor financing. Vendor finance is a form of lending inCairns resolutions passed
Cairns HOLDINGS creditors, shareholders and subsidiaries have agreed to five resolutions to help revive the company, an official said yesterday.The troubled food processor applied for voluntary judicial management last year after
‘It makes sense to have a funeral policy’
RUVIMBO Funeral Assurance (Private) Limited founder and chief executive officer Mr Edward Gomba (EG) was recently elected the president of the Zimbabwe Association of Funeral Assurers (Zafa). He speaks to Herald Business’ Pauline
Zim real estate poised for growth
Vengai Madzima Property GuideAS the nation gears for general elections there is hope that the plebiscite will result in a Zimbabwe that is free of economic sanctions and trade restrictions which has crippled free inflows and outflows of money in our economy. This has
LG to unveil new phone
JOHANNESBURG. — LG Electronics’ Optimus L3II smartphone will be available in the continent in the next few weeks.The gadget made its world debut in Brazil this week and officials said this will be
SA launches Green Car project
PRETORIA. — South African Minister of Water and Environmental Affairs Edna Molewa on Tuesday launched the Green Car project as part of the country’s effort to build a green economy. “Today we launch a ground-breaking multi-stakeholderSpain cuts budget deficit
STOCKHOLM. — Prime Minister Mariano Rajoy announced yesterday that Spain slashed its public deficit to 6,7 percent of economic output in 2012, a drastic cut in the midst of a recession yet still short of its European Union target. Rajoy’s conservativeThe best return on investment ever
Zach Aldwin Milkshake in the BoardroomLadies and gentlemen, abandon all your other endeavours! Forget diamonds, I have found it!
I have found the best possible return you can get on an investment, one that will give
Edgars, it’s time to shape up
Takunda Mugaga Economic AgendaOUR retail sector, especially the clothing business, is quickly turning into a cut-throat affair due to the mushrooming of new players.
A month hardly passes without the establishment of new boutiques, which mainly
Understanding capital gains withholding tax
What is capital gains withholding tax?Capital gains withholding tax is a tax withheld from any capital gain arising from the disposal of a