adminTobacco output set to increase
Charity Ruzvidzo Business Reporter THE government has projected an increase in tobacco output to 222 million kilogrammes in the 2014/15 season from 216 million kilogrammes the previous season. In the 2015 national…
Zim ready to join Africa Trade Insurance Agency
Harare Bureau ZIMBABWE is set to join the Africa Trade Insurance Agency (ATI) with $5 million already set aside for membership fee as it seeks to open up access to…
Appeal to Labour Court suspends the order appealed against: Is that constitutional?
Labour Matters Davies Ndumiso Sibanda Many employers and workers have been frustrated by the provisions of the Labour Act that state that an appeal to the Labour Court does not…
Parastatals get $110m…Audit to guide use of funds
Harare Bureau THE government is set to undertake a “thorough” audit of some state enterprises to identify their operational challenges before implementing public enterprises reforms. Finance and Economic Development Minister Patrick…
Edgars explains hospital plan
Tinashe Nhari Business Reporter CLOTHING retailer Edgars Stores has launched a new product the Edgars Hospital Cash Plan in partnership with Eagle Insurance. The Hospital Cash plan is part of a wide…
Powerspeed Electrical reports revenue growth
Harare Bureau POWERSPEED Electrical Ltd reported that revenue for the full year to September rose 18 percent driven by retail sales after increasing products on offer by as much as…
Nust ICT students create medical App
The National University of Science and Technology’s thrust to nurture female students in technical subjects previously dominated by their male counterparts is bearing fruit as five of the students are…
Standard Bank signs multi-billion rand loan
Johannesburg – Standard Bank yesterday signed a R8.6bn, 36-month term loan facility in London. The transaction was launched at $300m on November 3 and the bank decided to increase the transaction…
Bank risks fraud charges
George Maponga in Masvingo An elite Masvingo school, Kyle Preparatory School, has given troubled AfriAsia Bank a 48-hour ultimatum to transfer nearly $4,000 and about R60,000 into their account with…
Local farmers suffer as China offloads cotton
Elita Chikwati Harare Bureau Cotton hectarage is set to go down this farming season after local cotton companies cut financial support to farmers owing to a poor pricing system that has…