adminOil edges higher ahead of US report
Singapore – Oil prices edged higher in Asia yesterday as dealers sat on the sidelines ahead of an upcoming US stockpiles report, while a record-breaking North American cold snap provided…
Rand slightly firmer
Johannesburg – The rand was slightly firmer against the dollar yesterday, after better than expected foreign exchange reserves data. The rand was at R10,6250 to the dollar at 07:03 GMT,…
Funding crisis stalls Hwange power project expansion
Harare Bureau PLANS to expand Hwange (Thermal) Power Station have stalled after the Chinese contractor who won the right to undertake the project, China Machinery Engineering Company, failed to secure…
Consultancy firm to hold post-budget meetings
Acting Business Editor A LOCAL business consulting firm, Integrated Advisory Group, will this month host two post-budget meetings in Bulawayo and Gweru to discuss the implications of the 2014 fiscal…
Air Zim records brisk business
Business Reporter NATIONAL airline, Air Zimbabwe enjoyed a fruitful festive season as flights to Victoria Falls, Bulawayo and Johannesburg were increased to deal with an improved number of passengers.
Interfresh delisted
Oliver Kazunga Acting Business Editor THE Zimbabwe Stock Exchange (ZSE) has delisted Interfresh Limited after the horticultural concern presented a voluntary termination from the bourse’s official list.
Sino Zim Cotton Holdings targets 17pc increase in production
SINO Zimbabwe Cotton Holdings is targeting a 17 percent increase in output of cotton seed to 35 000 metric tonnes after commissioning a US$17 million ginning and spinning plant in…
FMHL targets growth rate above inflation
Harare Bureau FIRST Mutual Holdings Limited is this year targeting a growth rate above inflation (estimated at about 1,5 percent) and overall market growth for its businesses as it seeks…
Farmers express mixed feelings over land tax
Harare Bureau FARMERS have expressed mixed feelings over the reintroduction of land tax of US$1 per hectare per month on A1 and A2 farms, with others saying it was long…
EU urged to set goals for renewable energy
LONDON – Ministers from Germany, France and six other countries have called for the European Union to set a 2030 goal for renewable energy use, in opposition to their British…