African Sun in hotels upgrade

Zimbabwe Stock Exchange-listed hospitality concern, African Sun Limited, has embarked on an intensive refurbishment of most of its hotels countrywide at a cost of US$25 million in a move likely to boost occupancy levels.

Gold prices steady

Gold held steady yesterday, after hitting its highest since November 7 earlier in the session, as doubts about a trade deal between the United States and China dented risk sentiment.

Contributions, premiums always paid before benefits

There is one characteristic which is a permanent feature of the contractual savings industry. Contributions and premiums are always paid before benefits. The implication of this tradition is always that inflation will affect benefits more than premiums and contributions. If this is not regulated properly, it can lead to a systematic loss of the benefits by pensioners and policyholders when compared with the premiums paid in respect of them.

POLAD to discuss corruption at NSSA

Participants in the Political Actors Dialogue (POLAD) will discuss corruption affecting the National Social Security Authority (NSSA), MDC-T vice president Obert Gutu has said.

African multinationals bring home much more than profits

Often when companies take their operations abroad, a practice referred to as internationalisation, the main intention of the owners or managers is to increase corporate earnings.

Eight reasons why I’m worried, and hopeful, about the next generation

Dear children of today and of tomorrow,

Agric productivity could be the answer

“The most important security is that of the stomach,” says Lands, Agriculture, Water, Climate and Rural Resettlement Deputy Minister Vangelis Haritatos.

Zim, Rwanda to strengthen ties

Zimbabwe and Rwanda are working on strengthening their ties within the context of the Joint Permanent Commission of Co-operation.

Shiri urges lowveld farmers to grow cotton

Farmers in the Lowveld should consider cotton growing as the crop has potential to contribute significantly towards national economic turnaround, Lands, Agriculture, Water, Climate and Rural Resettlement Minister Perrance Shiri has said.

RBZ targets $200m

The Reserve Bank of Zimbabwe (RBZ) yesterday opened its 272-day Treasury Bills under which it is  aiming to mobilise $200 million to fund Government operations.

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