AfDB backs RBZ cash strategies

Business Reporters The African Development Bank (AfDB) supports measures announced recently by the Reserve Bank of Zimbabwe (RBZ) to ease the current cash shortages and to curb capital flight, the…

NetOne eyes profitability from network expansion

Conrad Mwanawashe Business Reporter The restructuring and network expansion programmes currently ongoing at State owned mobile services provider, NetOne are expected to drive the company to profitability and enhance capacity to…

Sexual predator’s trial moved to May 31

Beitbridge Bureau The trial of a -26-year-old Beitbridge man accused of bedding several underage pupils from local secondary schools has been postponed to May 31. Rayson Rushwaya is alleged to…

All not well in the bakery sector

Tinashe Makichi Business Reporter All is not well in the bakery sector as deep-seated “wars” over the most essential input – flour – are straining relations between millers, bakers and suppliers.…

Local investor level on ZSE declines 47pc

Business Reporter THE level of local investor participation on the Zimbabwe Stock Exchange has continued to shrink with their contribution to total volumes traded on the domestic bourse declining to…

Gold industry needs $600m to boost production

Walter Muchinguri recently in VICTORIA FALLS The country’s gold industry requires $600 million in the next five years to optimise production to more than 50 tonnes. Gold Producers Committee chairman…

Gallery embarks on artists portfolio review

At the Gallery This June, the National Gallery of Zimbabwe will facilitate a portfolio review exercise for 20 practicing visual artists. The review is meant to augment best practise by…

Woman appeals against $22k default judgment

Herald Reporter A Harare businesswoman has lodged an application for the High Court to rescind a default judgment ordering her to pay $22 000 to Sebenzisa Media and Communications saying…

Investing in value addition key for job creation

Martin Kadzere Senior Business Reporter ONE of the pillars anchoring Zimbabwe’s medium economic blueprint, the Zimbabwe Agenda for Sustainable Socio-Economic Transformation is value addition and beneficiation whose broad significance to the…

Mourinho heads to Old Trafford

LONDON. — Jose Mourinho will be appointed the new Manchester United boss this week. News that the Special One could be set for Old Trafford broke just hours after United’s…

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