Vakayi Capital makes first investment in Zim

Business Reporter Vakayi Capital, a venture capital firm, has availed about $400 000 to Homelux Property Development which will go towards the development of residential stands in Tynwald Harare. 

Rising demand drives up avocado prices in US, Mexico

Business Reporter According to Asiafruit Magazine of May 2017, soaring global demand has pushed avocado prices to their highest level in almost 20 years. This follows a reduction in output from…

Board evaluation for effectiveness

By ZimCode Secretariat Chapter 3 of the ZimCode addresses Board of directors. This chapter highlights that the Company’s business is managed under the direction of the Board of Directors. The Board’s role…

Hwange Colliery partners European firm

Business Reporter COAL miner Hwange Colliery Company Limited has selected a European company to conduct exploration and drilling at its new concession in western and Lubimbi fields in Hwange. Managing director…

Zimplats spends $36m on redevelopment

Business Reporter THE country’s largest platinum producer, Zimplats Holdings Limited has spent $36 million on the redevelopment of its Bimha Mine which was closed in August 2014, as it seeks…

$300 million bond notes! Reserve Bank extends export incentive scheme

Prosper Ndlovu, Business Editor THE Reserve Bank of Zimbabwe (RBZ) has extended the bond notes export incentive scheme by $300 million under a standby liquidity support from the AfreximBank.

Caps’ woes mount

Sikhumbuzo Moyo, Senior Sports Reporter Chicken Inn 3-1 Caps United

Minister denies ZBC only covers Zanu-PF programmes

Nyemudzai Kakore, Harare Bureau Information, Media and Broadcasting Services Minister Dr Christopher Mushohwe yesterday refuted allegations that the Zimbabwe Broadcasting Corporation only covered Zanu-PF programmes, saying other political parties were…

EDITORIAL COMMENT: Long term investor agreement will be good for Zisco

Nine years after its collapse, Ziscosteel, undoubtedly one of the pillars that anchor our economy, could rise again.    

Kenya leader ‘deeply shocked’ at election official’s killing

Nairobi – Kenya’s president said on Tuesday he is “deeply shocked” by the torture and killing of an election official who was crucial to next week’s presidential vote, while concerns…

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