adminDynamos preps suffer another setback
Augustine Hwata Harare Bureau IT’S still not looking good in the Dynamos camp at the present moment and few people would envy to be either the head coach or the…
Cost of living decreases marginally
Business Reporter THE consumer basket for a family of six marginally decreased by 0,29 percent from the January 2014 figure of $561,56 to $559,93 in February, the Consumer Council of…
New potato seed unveiled
Business Reporter A NEW potato seed, which is expected to help increase potato production, has been unveiled. True potato seed (TPS), also known as BSS265, is a new variety of…
Zim operations lift Mwana’s share price
Harare Bureau Mwana Africa says it has achieved major milestones in terms of operations and the financial performance of its Zimbabwe subsidiaries and this is reflecting in the group’s share…
Nicoz Diamond invests $1,2m in Moza
Harare Bureau NICOZ Diamond has invested $1,2 million as startup capital in Mozambique and anticipates to realise good fortunes by the end of the year. Managing director Grace Muradzikwa said…
CABS doubles mortgage tenure to 20 years
Harare Bureau THE country’s largest building society by assets and market share CABS, has increased its mortgage tenure from 10 to 20 years, with effect from March 1.
China Africa Sunlight applies for mining lease
Senior Business Reporter CHINA Africa Sunlight Energy has applied to government for the conversion of its special grant into a mining lease to allow the company to begin operations.
$22m bid for RBZ stake in Homelink
Harare Bureau A CONSORTIUM of local and foreign investors have made a bid of $22 million for Homelink Private Ltd, with the company’s management and OK Zimbabwe also said to…
Tobacco prices remain depressed
Harare Bureau TOBACCO growers have earned a collective $19 million from the sale of 6,8 million kilogrammes of flue-cured tobacco as prices remain depressed. This is a decline from the…
Invest proceeds from mineral exports: World Bank
Harare Bureau ZIMBABWE needs to invest proceeds from mineral exports to diversify its industrial base for sustainable economic growth. The country can avoid potential eventual risks associated with prolonged dependence…