adminUS$32m boost for Hwange
Martin Kadzere Senior Business Reporter
HWANGE Colliery Company has concluded mining equipment supply facilities worth US$32 million as the company seeks to boost output.Substantial deposits for the new equipment and machinery have been made and delivery is expected by the end of June, chairman Mr Farai Mutangamira said.
Businesses urged to think global
Business Reporter
Local business organisations have been challenged to develop a global mindset and vision in their ventures as advances in information communication technologies have created a global market.
CCZ petitions Parliament
The Consumer Council of Zimbabwe on Wednesday petitioned Parliament to pass a consumer protection law which it said was long overdue.
The CCZ has been lobbying Government since 2010 to enact the Consumer Protection Act.
Chinese firm to build six chrome smelters
Chinese firm, Afrochine Smelting said on Wednesday it will commission two chrome smelters in June. Afrochine plans to build six smelters with capacity to produce 50 000 metric tonnes of ferrochrome per year.
Ecobank returns to profitability
Ecobank Zimbabwe bounced back to profitability for the year ended December 31 2012, posting a net profit of US$306 000 from a US$5,9 million loss the previous year.
Chairman Mr David Whartman attributed the recovery to an effective implementation of the bank’s strategic plan which entailed increasing the bank’s distribution network,
Chicken Slice wins Sadc award
Business Reporter
FAST food chain Chicken Slice, a division of Packers International, was last week awarded a service award at the Sadc Annual Quality Awards ceremony held in Luanda, Angola.
Packers International proprietor and chief executive Mr Tawanda Mutyebere received the award on behalf of Chicken Slice.
Honda Jazz practical,efficient
THE rise in fuel prices is becoming a cause for concern among vehicle owners, drivers and prospective vehicle owners who are now more conscious of the need to buy cars with better fuel consumption.