adminNetOne targets $200m revenue Subscriber base shoots to 3.3 million
Leonard Ncube in Victoria Falls— STATE-OWNED mobile phone operator, NetOne, is gunning for $200 million revenue generation this year. The firm has roped in an investor as it moves to launch…
Byo’s 5 o’clock syndrome
WE know the column as “Are Investments Sexy?” and now newly branded Financial Freedom (The Real Deal). The weekly column seeks to stir strong emotional debate for a better financial well…
Zimra extends tax amnesty period
Oliver Kazunga Senior Business Reporter THE Zimbabwe Revenue Authority (Zimra) has extended the tax amnesty period by three months to June this year following a request by businesses and their representatives. The…
Telecel moves to comply with law
Harare Bureau TELECEL Zimbabwe could well be on the way to normalise its compliance issues with the Postal and Telecommunications Regulatory Authority of Zimbabwe, which is currently looking at representations…
PPC sales up in first quarter
PRETORIA Portland Cement, Zimbabwe says it has recorded a four percent growth in sales in the first quarter of 2015 compared to the prior year, but warned that the current…
National Payment System deals decline
THE value of transactions processed through the National Payment Systems (NPS) slumped 28 percent to $938,9 million in the week ending April 2, 2015 from $1,3 billion recorded in the…
Delta revenue drops 6 percent on reduced demand
Harare Bureau DELTA Corp, the country’s largest listed company says revenue for the full year to March 2015 declined 6 percent due to the decline in sales volumes for lagers…
With heads bowed in shame
Thabo Mbeki— SOUTH Africa is in the grips of a fast-spreading wave of xenophobic attacks on foreigners by poor locals who claim they have taken their jobs and blame them…
UN asks Kenya to rethink closure of Somali refugee camp
THE United Nations refugee agency urged Kenya on Tuesday to reconsider an order to close the teeming Dadaab refugee camp, saying it would not be part of any transfer of…
Don’t underestimate Nato, German minister
TALLINN — Germany’s defence minister said on Tuesday that nobody should underestimate Nato’s rapid response capacity, which has been ratcheted up in response to worries about Russia’s military ambitions after…