adminZim 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
‘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 inDHL increases access points
Business ReporterLeading 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
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 shouldCBZ suspends headquarters project
CBZ HOLDINGS, the country’s largest banking group, has suspended plans to build a new headquarters at a cost of US$300 million.The 15-storey office complex was earmarked for Newlands Shopping Centre
FBC to keep Turnall
Golden Sibanda Senior Business ReporterFBC HOLDINGS has no immediate plans to dispose of its 58 percent stake in Turnall Holdings after the group secured funds to meet regulatory minimum capital requirements for its banking units. The company had sought to
TelOne wins US$16m case
Daniel Nemukuyu Senior ReporterThe Supreme Court has upheld a decision by an arbitrator ordering Gold Driven Investments to pay US$16,4 million to TelOne in settlement of a debt accrued in some tobacco selling deals between the parties eight years ago. TelOne had
Rule of law, heady days ahead!
The Arena HildegardePRESIDENT Mugabe recently extended an olive branch on peaceful elections — before, during and after the polls. However, despite his call for peace, it seems as though Zanu-PF has already been thrown into an inferno. The prosecution, judges