PPC secures US$200m for plant

Martin Kadzere Senior Business Reporter
PPC Zimbabwe, the country’s largest cement producer, says it has secured US$200 million to build a second plant in Mount Darwin. Chief executive Mr Zak Limbada said drilling was in full swing and would

NIEEB meets fund managers

Business Reporter
THE National Indigenisation and Economic Empowerment Board yesterday met representatives of various fund managers to discuss how they can participate in economic empowerment transactions. Youth

Allied Bank embarks on housing project

Business Reporter
At least 1 500 low-income earners are set to benefit from residential stands that will be launched by the Allied Bank in conjunction with the Zimbabwe Amalgamated Housing Assocation in Norton on

Mzembi seeks more funds for UNWTO

Tourism and Hospitality Industry Minister Walter Mzembi wants the principals to compel Finance Minister Tendai Biti to avail funds for preparations to co-host the United Nations World Tourism General Assembly

Luxon Zembe: Born to lead

Rumbidzayi Zinyuke Business Reporter
Zimbabweans have shown the world that they are capable of multi-tasking and are not afraid to take on more responsibility. The past 13 years have shown that the country has been dominated by

Colcom posts US$1m profit

Business Reporter
MEAT processor Colcom Holdings Limited recorded a profit-after-tax of US$1,1 million for the six months to December 31 2012 as the company focuses on ramping up its operations in the current year. In the

MBCA to unveil new products

Business Reporter
MBCA Bank recorded an after-tax profit of US$4,96 million during the year ending December 31, 2012 as the bank indicated that it will continue being proactive in coming up with new products for its retail

End bank charges madness now

Takunda Mugaga Economic Agenda
I am shocked that within our midst there are still some self-deluding and unrepentant banking executives that are still to introduce measures that encourage savings. Ordinarily, where money is

Initiating a conversation

Zachary Aldwin Milkshake in the Boardroom
Initiating conversation with new people can be awkward at times.  “And so . . . ”   “Uh” . . . That premonition that your prepared thoughts don’t often come out like they do in the movies when

Putting property in a trust

Vengai Madzima Property Guide
In property circles a trust arises where one party transfers property to another party for the benefit of a third party. In addition, a trust is created by transferring the property to be held by another party

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