adminTrust Bank depositors paid
Business Reporter THE Deposit Protection Corporation (DPC) has started paying out depositors of the now defunct Trust Bank, which is under provisional liquidation. A few weeks ago, the DPC announced…
Midlands sees 100pc increase of hotel rooms
Lovemore Zigara Business Correspondent THE Midlands province has recorded more than 100 percent increase in hotel rooms in the last two years, according to the Hospitality Association of Zimbabwe (HAZ).
LOSSES IMMINENT Closed Royal Bank’s liabilities outweigh assets
Golden Sibanda Harare Bureau CREDITORS of closed Royal Bank could suffer substantial losses to their investments after it emerged that liabilities of the bank at $12,5 million far outweigh the…
BNC seeks $26m for smelter project
Senior Business Reporter BINDURA Nickel Corporation (BNC) says it is confident of securing $26,5 million required to restart the smelter project this year as a long term strategy towards improving…
Job evaluation can lead to labour disputes
Davis Sibanda Labour Matters IMPROPER management of job evaluation implementation has been a source of many expensive legal disputes between employers and workers. Not everyone who has participated in job…
Gwanda bans food caravans
Marvelous Moyo Gwanda Correspondent Gwanda Town Council has ordered food caravan operators to cease operating with immediate effect and threatened to tow away mobile kitchens belonging to those who defy…