adminGovt cuts most mining fees
Business Reporter Zimbabwe has significantly cut most mining fees while scrapping the $5 million registration fees for diamonds, according to a Government notice published last week. According to the new…
Zimplats dam construction on course
ZIMPLATS is set to complete the construction of a dam at a cost of more than $20 million to be used to boost water supply for its new concentrator, an…
Chinese-Zim joint venture on track
A LEADING Chinese-Zimbabwean joint venture is on track to complete a massive facility upgrade with $5 million invested by the Chinese share-holder, a senior company official revealed. After the upgrade,…
Is it time to divest from Turnall?
Linda Tsarwe After the so called “lost decade” banks found it difficult to rebuild public confidence in a dollarised economy. It was difficult for the public to trust the banking…
NSSA sweats over $4,2m investment
Business Reporter The National Social Security Authority is struggling to realise a return on the $4,2 million pumped into Ekusileni Medical Centre as general manager Mr James Matiza acknowledged the…
Sedco courts investors for SME bank
Business Reporter SEDCO is courting investment partners to raise capital required for setting up an SME bank, Small and Medium enterprises, Co-operative Development Minister Sithembiso Nyoni said. In an interview…
Sluggishness hits insurance sector
Business Reporter Short-term insurers have recorded a marked drop in annual growth in the volume of business written due to low liquidity levels and depressed industry capacity utilisation. According to…
Nigeria avails US$1bn to plug crude oil theft
ABUJA. – NIGERIA has earmarked $1 billion for the implementation of a comprehensive programme to check crude oil theft, vandalism of oil and gas infrastructure as well as the apprehension…
Burj Al Arab: World’s only 7-star hotel
Ever wondered why the public sector CEOs needed such hefty salaries? It is clear that they have cultivated some very expensive taste. For most of us plebs, it is hard…
NSSA’s investment division boasts competent staff
It should come as no surprise, given the diversity and scale of its investments, that NSSA boasts of highly qualified and well experienced professionals within its investment division. It has…