Price distortions killing economy

Mamvura’s Market Minute What would an earnings season be without five companies holding briefings on the same day?

How trade balance has manifested in our economy

Future payments, wages are still due for past balance Chris Chenga One of the main ailments of the Zimbabwean economy is that it had become marginally uncompetitive in production. That…

Insurance sector in dilemma over investment options

Kudzanai Sharara Insurance and Pension management companies are optimistic that they will not fall into the same situation that saw pensioners and life insurance policyholders lose their lifetime savings when…

Zim in $3 bln debt clearance, investment guarantee move

Zimbabwe has secured a syndicated loan of around $1.2 billion to clear its arrears with the World Bank in addition to $1.5 billion to guarantee private sector investments in its…

RTG out of the woods, looks to expand assets

Business Writer Hospitality concern, Rainbow Tourism Group (RTG) says continued foreign market growth, expenses rationalisation and balance sheet restructuring have set the group on a better financial footing with growths…

Padenga seeks to diversify from skins

Kudzanai Sharara For years, Padenga’s operations have been modelled around the steady supply of 46 000 or so premium quality Nile crocodile skins to high end luxury brands globally.

Kariba South extension to halve cost of power imports

Golden Sibanda in Kariba Zimbabwe is set to whittle its power import bill by half and save at least $72 million annually following the completion of Kariba South Power Station…

Vela sacked as NSSA chairman

Africa Moyo National Social Security Authority (NSSA) board chairman Robin Vela has been fired by Government under unclear circumstances.

German investor pulls out as ZMDC bungles

Hebert Zharare Lynx, a partner between the Zimbabwe Mining Development Corporation and Graphit Kromphmuhl of Germany to mine graphite, has reportedly shut down after the foreign investor pulled out and…

Passion versus profit

Artists are passionate about the works they produce. They execute their practice on the basis of talent to maintain their livelihoods. The question then becomes, how they can best use…

×
×