adminIndustrial shares slip into the red
Martin Kadzere Bulls and Bears
INDUSTRIAL shares on the Zimbabwe Stock Exchange slid into the red on Friday, ending a two-day winning streak mostly on losses in OK Zimbabwe and DZHL.After trades, the mainstream index was down 0,38 percent or 0,70 points or at 185,55 points while the mining index, of the four trading shares dropped 1,4 percent or 0,91 points
‘SAA bailouts unconstitutional’
JOHANNESBURG. – Free Market Foundation, the local think-tank, criticised government’s continued support of troubled South African Airways saying the bailouts were unconstitutional.
SAP pledges support to Nigeria
LAGOS. – Systems Applications Products (SAP), the market leader in enterprise application software, pledged its commitment to the development of the Nigerian economy through strategic partnerships in the private and public sectors.MTN boss winds up African tour
YAOUNDE. – MTN Group president Sifiso Dabengwa has concluded his Executive Roadshow that saw him visit several operations of the MTN Group in Africa to share the organisation’s new vision and mission, as well as its strategy pillars.DZL stays put in Malawi
Business Reporter
DAIRIBORD Zimbabwe Limited says it is not pulling out of the Malawi market despite the investment recording a 41 percent decline in profitability to just under US$500 000 due to devaluation of the kwacha and milk supply challenges.
Upgrade for power stations
THE Zimbabwe Power Company says it has completed conducting a feasibility study on the three small thermal power stations it intends to repower.Repowering entails replacing the old boiler technology with newer technologies that increase the amount of power generated.
Colcom spreads its wings to Zvishavane
Business ReporterLEADING food processor Colcom has stepped up its programme to open shops in various parts of the country with the establishment of a retail outlet in Zvishavane at the weekend.
Zim firm wins Sadc award
Luanda. — A Zimbabwean firm, Servcor (Private) Limited, has won the 2012 award of best private company in the Southern Africa Development Community region under the yearly quality assessment.New coal mining firm conducts impact study
New coal miner China-Africa Sunlight Energy said last week it will complete conducting an Environmental Impact Assessment by mid-year and mining will start soon after.Based in the Gwayi area of Matabeleland North province, China-Africa Sunlight Energy is a joint venture between Old Stone Investments, a consortium of Zimbabwean
Have a personal constitution
Nyaradzo Mavindidze Motivation to Success
On my way home on Saturday March 16, 2013 I looked at my pink finger that signified that I had taken part in the referendum. As I pondered on the significance, I wondered if all the people gathered to vote for the national constitution had their own personal constitutions.