No excuse for not paying dividends, State firms told

GOVERNMENT-owned telecommunication companies have no excuse for not declaring dividends given abundant opportunities in the sector, a cabinet minister has said. The government is the sole shareholder in several telecommunication companies…

High Court orders Econet to join NEC

Golden Sibanda Harare Bureau ECONET Wireless has lost a High Court case in which it was contesting demands by a communications industry employment council to register and pay subscriptions to the…

Mawere slams new Zimre shareholding

Harare Bureau Self-exiled businessman Mutumwa Mawere has criticised the taking over of the majority stake in Zimre Holdings by a consortium led by Simon Rudlands, saying it reverses the gains…

President appoints permanent secretaries

Fungai Lupande Herald Reporter— President Mugabe has appointed four permanent secretaries and seven principal directors in various ministries. Chief Secretary to the President and Cabinet Dr Misheck Sibanda said in a statement…

Incomes and Pricing Commission transforms

Oliver Kazunga Senior Business Reporter CABINET has approved the principles for the amendment of the National Incomes Pricing Commission Act to transform the National Incomes and Pricing Commission (NIPC) to a…

Zambia changes mining royalties

LUSAKA – Zambia’s cabinet approved changes to the controversial mining royalties on Monday after the finance and mines ministers proposed amendments, the president’s spokesperson said. “This follows extensive consultations with the…

Second relocation for Tokwe-Mukosi flood victims

From George Maponga in Masvingo Masvingo Provincial Affairs Minister Senator Shuvai Mahofa has said Government will next week start the second relocation of nearly 3 000 Tokwe-Mukosi flood victims from…

Zima honours outstanding managers

Business Reporter The Zimbabwe Institute of Management will today host the 2014 southern region manager of the year awards aimed at promoting best management and leadership practices at senior and…

Zimbabwe targets ICT manufacturing hub status

From Leonard Ncube in Victoria Falls THE 13TH edition of the Innovation Africa Digital Summit (IAD) officially opened here yesterday with calls for transforming Zimbabwe into an Information Communication Technology…

Zim’s March Inflation thaws

Harare Bureau ZIMBABWE’S inflation marginally thawed but remained in the negative in the month of March as the annual inflation rate gained 0.19 percentage points to -1,20 percent. Figures from the…

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