External donor support bites into CAPS market share

Harare Bureau CAPS Pharmaceuticals has registered a drastic decline in demand for its products due to increased direct external donor support for the public health institutions, an official said.

CCZ commends RBZ on coins

Charity Ruzvidzo Business Reporter THE Consumer Council of Zimbabwe (CCZ) has commended the Reserve Bank of Zimbabwe’s move to import coins in a bid to address the challenges of change…

United Refineries ventures into soya bean contract farming

Oliver Kazunga Senior Business Reporter UNITED Refineries Limited says its $2 million soya bean contract farming project in Umguza and Jotsholo has started. The Bulawayo-based agro-processing concern said it was…

PPC, investors resolve feud

PPC Ltd. and its investors agreed to replace some of the South African cement maker’s board members without holding a meeting to vote on whether to have a total clear-out…

CBZ to help GMB pay for maize deliveries

Harare Bureau CBZ bank has issued Agricultural Marketing Authority bills worth $50 million after successfully raising $53 million in the first issue floated on June 1 this year.

NRZ struggles to lure private sector investors

Tinashe Makichi Harare Bureau National Railways of Zimbabwe is struggling to attract investment from the private sector because it is not bankable which has seen it failing to stem its…

Old Mutual eyes West Africa growth

THE Old Mutual Investment Group outlined plans to grow its presence in West Africa, particularly in Nigeria. The Group, which is touted as the largest private sector investor in Africa,…

SABC chair received 13pc for HR — Unisa official

CAPE Town — SABC chairperson Ellen Tshabalala failed a course in labour relations so badly that she didn’t even qualify to reregister to obtain her diploma, a Unisa official told…

PPC ends feud with investors

JOHANNESBURG PPC Ltd (PPC) and its investors agreed to replace some of the South African cement maker’s board members without holding a meeting to vote on whether to have a…

Gold steadier after overnight fall

SINGAPORE — Gold steadied near $1,200 per  ounce yesterday as a rise in oil prices provided support, but strength in the dollar and optimism about the US economy weighed on…

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