Zim opposes tobacco ban

The Tobacco Industry and Marketing Board says Zimbabwe should be actively involved in the dialogue around banning tobacco to protect its economic interests. TIMB board chairman Mrs Monica Chinamasa said local farmers should

DHL increases access points

Business Reporter
Leading international express services provider DHL Express has said it has expanded its network of service points in sub-Saharan Africa from an initial 300 to over 1 000 in a few months.  In a statement, the firm said the move

The best return on investment ever

Zach Aldwin Milkshake in the Boardroom
Ladies 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

Spain 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 conservative

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-stakeholder

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

Zim real estate poised for growth

Vengai Madzima Property Guide
AS 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

‘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

Cairns 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

Zesa 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 in

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