Government adds six more new parastatals to Mutapa Investment Fund
Business Writer Government has expanded the reach of its Mutapa Investment Fund by adding assets from six key entities to the sovereign wealth fund’s portfolio, according to a Government Gazette…
Council calls for reconfiguration of the national tourism industry
Oliver Kazunga The Tourism Business Council of Zimbabwe (TBCZ) has called on authorities to reconfigure the country’s tourism sector to capture all the revenues generated through the industry. In an…
Old Mutual says ‘lessons learnt’ in social media furore over pension payout
moneyweb.co.za By Liesl Peyper Insurer Old Mutual claims it was always going to pay out the pension of a particular client whose daughter took to social media to complain about…
Internet paralysed after damages to sea cables
A network breakdown rippled across the sub-continent of West Africa last week. This was the result of damages to the MainOne and ACE sea cable – arteries for telecommunications data. …
Zim, Rwanda seek to bolster economic ties
Business Correspondent The Rwanda-Zimbabwe Business Forum, which opens today in Kigali, provides an ideal platform to boost bilateral economic relations between the two countries, as Harare seeks to expand its…
Restructuring focuses Simbisa on key areas
Business Reporter Research and stockbroking firm IH Securities says Simbisa Brand’s strategic restructuring has allowed the group to focus resources on growing and maximising shareholder returns from core markets. In…
Kenyan economy keeps recording significant wins
The Kenyan economy is set to experience some relief as fuel prices drop for the first time since August. This turn of events also marks the largest month-on-month drop in…
Govt set to get share of oil, gas depositsv
Enacy Mapakame THE Government is set to benefit from proceeds of oil and gas deposits discovered by Australian Stock Exchange (ASX) listed Invictus Energy at its Mukuyu fields in northern…
Pensions compensation for inflation value loss hits snag
Business Reporter Pensioners who anticipated compensation for pre-2009 inflation-eroded retirement savings will need to wait a while longer after the Insurance and Pensions Commission rejected submitted compensation schemes from pension…
SA’s energy challenge: A R390bn grid upgrade
South Africa is facing a monumental challenge as it seeks to end years of rolling electricity outages that have hobbled the economy: It needs to build and fund a R390…











