adminPower supplies improve
Business Correspondent THE country has recorded a significant improvement in the generation of electricity this year although it remains inadequate to meet national demand, Permanent Secretary in the Ministry of…
MMCZ still seeking partners
The Minerals Marketing Corporation of Zimbabwe (MMCZ) is still scouting for partners to set up diamond cutting and polishing firms in the country. The MMCZ announced early this year that…
Pensions commission embarks on stakeholder consultations
Business Reporter THE Insurance and Pensions Commission (IPEC) will soon embark on stakeholder consultations to come up with a policy framework that defines benefits of pension funds run by local…
Tobacco farmers miss target
Business Reporter Tobacco farmers failed to meet this year’s target of 170million kg largely because of bad weather in the early stages of the growing season, agronomist and tobacco expert…
Debt cancellation by councils forces decrease in price of basic commodities
Harare Bureau The cost of living has fallen by 0,60 percent between June and July this year, a development attributed to a decrease in prices of some basic commodities in…
Heavyweight stocks dominate ZSE
Harare Bureau HEAVYWEIGHT stocks dominated trading on the Zimbabwe Stock Exchange on Friday last week with three of them accounting for more than 75 percent shares traded. A total of…
Cambria completes Celsys exit
Business Reporter CAMBRIA Africa Plc has completed its exit from Zimbabwe Stock Exchange listed Celsys Limited in what also resulted in still birth to its plans to make a secondary…
India’s car sale slide
NEW DELHI (Delhi province) — India’s car sales slid by over seven percent in July, marking a record ninth straight month of decline, industry data showed yesterday, as an economic…
Most of Africa ‘not positive’ about growing genetically modified crops
WHILE South Africa has long grown genetically modified crops, resistance from across most of the continent is set to slow global plans to turn Africa into the world’s breadbasket. Just…
Pro-Morsi camps prepare for crackdown
Pro-Morsi protesters, who have been demanding the reinstatement of Egypt’s deposed leader for over one month, continued marching in the capital despite warnings that security forces would disperse them imminently.