admin‘Budget should prioritise recapitalising Byo firms’
Oliver Kazunga Business Reporter THE 2014 national budget statement should be hinged on funding infrastructure development projects and recapitalising strategic companies in Bulawayo, industrialists said yesterday. Finance and Economic Development…
ZTA rules out awards
Business Reporter THE Zimbabwe Tourism Authority (ZTA) will again this year suspend the National Annual Tourism Awards. National Annual Tourism Awards (Nata) was introduced a few years ago by the…
Zim to optimise value of proceeds from diamonds
Harare Bureau ZIMBABWE is now firmly set to optimise the value of proceeds from the exploitation of its vast diamond resources through beneficiation after the country built the requisite expertise…
Vic Falls hotels 80pc booked
Patrick Chitumba Business Reporter HOTELS and some lodges in the resort town of Victoria Falls are at 80 percent full for the festive season, hoteliers said. With a few weeks…
Call to allow Zimra to tax informal sector
Sithandazile Moyo Business Reporter THE Government should introduce policies that will see the Zimbabwe Revenue Authority (Zimra) harnessing tax from the informal sector to improve revenue inflows in the country,…
Six advisors shortlisted for Batoka gorge hydropower project construction
Business Reporter THE Zambezi River Authority (ZRA) has shortlisted six international transaction advisors for the construction of a 1,600 megawatt hydropower plant to the tune of $6 billion at the…
‘Benchmark self with Cuba’s tourism’
Harare Bureau ZIMBABWE’S tourism and hospitality industry should benchmark itself with Cuba’s tourism industry experience due to similar sanctions-induced economic challenges, Tourism and Hospitality Industry Minister, Walter Mzembi, said…
CABS disburses $125,7m in mortgage finance
Harare Bureau THE country’s largest building society, CABS, has since 2010 disbursed $125,7 million in mortgage finance for 440 units, mostly low cost. Speaking at the Real Estate Institute of…
Hunyani ex-bosses implicated in fiddled accounts
PAPER products manufacturer Hunyani Holdings said yesterday it has appointed new managers at its divisions after former bosses were implicated in an accounts fiddling scandal. The Zimbabwe Stock Exchange-listed company…
Govt to lower mining royalties
Oliver Kazunga Business Reporter THE Government intends to lower royalties from mineral sales mainly for gold miners in a bid to shore up deliveries and resuscitate Fidelity Printers and Refiners.…