Govt debt, low tariffs hit TelOne

Business Writer TelOne suffered massive exchange rate losses after currency depreciation witnessed this June, weighed on its debtors’ book which runs into billions of Zimbabwe dollars. As at May 31,…

Cottco resumes payments after liquidity crisis

Business Writer The Cotton Company of Zimbabwe (Cottco), has resumed payments to farmers after liquidity constraints forced the country’s largest cotton company to stop payments. With the marketing season almost…

Customer service key for business development

Dr Keen Mhlanga A customer is a person or an organisation that makes a purchase from a business. Customers are the lifeblood of any company since they bring in money…

Tanzanian grape farmer eyes Chinese market

DODOMA. — In a 1,5-hectare vineyard 39 kilometres north of the Tanzanian capital of Dodoma, William Swai is checking the grapes under the dazzling sun. By mid-July, the grapes will…

Trade deficit widens as export stalwarts falter

Tapiwanashe Mangwiro Zimbabwe trade deficit for the five months to May has widened to US$970 million on the back of weaker export revenue in the period under review. The deficit…

Surprisingly strong US economic data keeps recession fears at bay

A flurry of data showed surprising strength in several corners of the US economy, painting a picture of resilience and further delaying any likelihood of recession. Purchases of new homes…

Some bankers getting it wrong

The major pricking of the exchange rate bubble this week was largely driven by the banks which seem to have near bare cupboards when it comes to foreign currency, or…

Patriotic entrepreneurship development, knowledge creation

Dr Charles Dahwa Patriotic Entrepreneurship — Part 7 Although entrepreneurship is widely taught in most business schools worldwide, little attention is given to the role of patriotism. In teaching entrepreneurship,…

Understanding fixed term contracts

Arthur Marara It is not uncommon for employers to give employees fixed term contracts. In fact this has been a topical area amongst trade unions and employers’ organisations. In this…

Children’s Home gets boost from Nicoz Diamond

Business Writer The children and staff at Midlands Children’s Home received a much-needed boost this week, courtesy of a donation from Nicoz Diamond Insurance. The local insurance company donated US$5,000…

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