COMMENT: The enigma that is Sakunda Holdings: A matter of public interest

Sakunda Holdings a company involved in wide ranging activities in the energy, logistics, and commodities sector remains an enigmatic entity. This is ironic considering its level of

Stalap to push for CFI rights issue

Happiness Zengeni and Kudzanai Sharara Zimre Holdings Limited (ZHL) through its investment vehicle Stalap Investments will forge ahead and propose a rights issue while at the same time it called…

Zimra closes in on small miners

Martin Kadzere The Zimbabwe Revenue Authority (Zimra) is closing in on thousands of small-scale gold and artisanal miners across the country, according to sources, ending a tax honeymoon

Barclays constitutes ESOT, confirms windfall to workers

Conrad Mwanawashe Barclays Plc and the Barclays Bank of Zimbabwe board of directors are constituting a board of trustees to superintend the 322 998 026 ordinary shares to be housed…

Airlines suspend sales from Zimbabwe over $20m debt…Debt accrues on foreign currency shortages…RBZ raises payments to IATA

Darlington Musarurwa Eight international airlines have suspended selling their services from Zimbabwe after debts owed to them by local travel agents rose to over $20 million, fanned by biting foreign

Power price increase inevitable: Minister…Lower increase margin possible

Tinashe Makichi Zimbabwe Energy and Power Development Minister Samuel Undenge says a power price increase in the country is unavoidable as the current subsidised tariff is unsustainable.

Exploiting economic synergies to promote growth

Albert Norumedzo A well-oiled economic system is one whose different parts, like the systems of a locomotive engine, work together as a whole to produce forward motion. An economic system…

MPS seeks to stabilise, produce and create value

Dr John P Mangudya RBZ Governor The Monetary Policy Statement (MPS) emphasises the need to change the narrative from one focussing on cash shortages to one which puts foreign exchange…

Zimra garnishes over $150m on bank accounts

Livingstone Marufu The ZIMBABWE Revenue Authority has garnished over $150 million on the bank accounts of companies and individuals since January this year over tax evasion and failure to settle

Dairibord half year results show reduced losses

Kudzanai Sharara Dairibord Holdings reported its results for the half year ended June 30, 2017 showing reduced losses from what was recorded prior year comparative.

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