Zimplow closer to Barzem takeover

Nelson Gahadza Diversified agro-concern, Zimplow Holdings, says it is close to securing the 49 percent shares in Barzem currently belonging to Barloworld Equipment UK as the group seeks 100 percent…

Packed schedule for President at COP28

Kudzanai Sharara in Dubai, UAE President Mnangagwa is expected to jet in this morning for the 28th edition of the UN Conference of the Parties (COP28), where he will join…

‘leaders must prioritise human rights, climate justice at COP28’

African leaders attending this year’s Conference of the Parties (COP28) to the UNFCCC must avoid mistakes made during the inaugural Africa Climate Summit, where leaders adopted the Nairobi Declaration on…

Unreliable power supply choking businesses: RioZim

Michael Tome RIOZIM Limited says the unreliable provision of power is likely to pose a significant risk and drawback to its operations in the current quarter and the near future.…

Revisiting the in duplum rule

Note from ZNCC On June 24, 2022, the Reserve Bank Zimbabwe (RBZ) amended the bank’s policy rate from 80 percent per annum to 200 percent per annum for Zimbabwe dollar…

Unravelling the web of deception

Dr Kudzanai Vere Embezzlement, a crime that strikes at the heart of trust and transparency, poses a significant threat to businesses, organisations and individuals alike. However, in the battle against…

Exchange rate: No respite for formal retailers

Business Writer Despite a recommendation to remove 10 percent limit of the exchange rate used by formal retailers, prices of their goods and services have largely remained uncompetitive due to…

Africa to speak with one voice at COP28

Kudzanai Sharara in Dubai, UAE African countries will speak with one voice at the 2023 UN Climate Change Conference (COP 28) which convenes from today till December 12, 2023 in…

Legal obligations of a surety

Arthur Marara A surety is a person or an entity that gives assurances that they will pay or fulfil a duty owed by the principal debtor. A suretyship is an…

Padenga gold production jumps 12pc

Business Writer PADENGA Holdings Limited says improved plant throughput at Eureka Mine and the addition of a new mill at Pickstone Peerless Mine spurred its gold mining operations performance in…

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