Cigarette, tobacco manufacturing industry gets 100pc salary hike
The National Employment Council for the Tobacco Industry has fixed salary structure for the cigarette and tobacco manufacturing industry which will see an increment of more than 100 percent beginning July 31 2019 to December 2019.
Zim to avoid costly debt bailout — Mthuli
Golden Sibanda Zimbabwe is pursuing a less costly multi-million dollar bailout package from the Group of Seven (G7) wealthy nations to avoid contracting choking and expensive commercial debt for the…
IMF backs fuel subsidies elimination
Kudzanai Sharara The International Monetary Fund’s (IMF) resident representative in Zimbabwe Patrick Imam, has backed Government’s decision to remove fuel subsidies saying they are “among the worst types of subsidies…
May trade deficit narrows
Golden Sibanda Zimbabwe’s trade deficit narrowed 33 percent to US$93,6 million in May 2019, from US$139,7 million in April 2019 amid tighter US dollar crunch. Figures from the Reserve Bank…
‘US$12bn mining industry within sight’
Golden Sibanda Zimbabwe is now strategically positioned to realise its vision of growing the mining sector into a US$12 billion industry by 2030, Mines and Mining Development Minister Winston Chitando…
Chikura appointment under Parly spotlight
Business Writer The appointment of Cottco “care taker” manager John Chikura came under spotlight on Tuesday after the Parliamentary Portfolio Committee on Lands, Agriculture, Water, Climate and Rural Resettlement demanded…
ZSE suspends Hippo Valley from trading
Tawanda Musarurwa Sugar processor Hippo Valley Estates Limited’s shares have been suspended from trading on the Zimbabwe Stock Exchange (ZSE) after the firm missed three deadlines to publish its financial…
CZI to gauge load-shedding impact
Ishemunyoro Chingwere The Confederation of Zimbabwe Industries (CZI) has this year added a specific barometer to gauge the impact of the energy deficit that has been dogging the economy in…
Turnall fibre imports slashed
Ishemunyoro Chingwere Turnall Holdings’ asbestos fibre imports have dropped 30 percent following resumption of production at Shabanie Mashaba Mines’ (SMM) dump tailings in Zvishavane and Mashava, according to Turnall Holdings…
Making an online impression
Robert Gonye There’s a saying, “Don’t worry about the small things in life”. Very true, however, when it comes to emails, the opposite is true . . . it’s the…











