Growing into a big success

Why do some small businesses choose to remain that way? In the business narrative, there is often an underlying message that a firm must grow — meaning that it should…

Seed firms scramble to stop ‘cancer’ in Canada’s cash crop

Rod Nickel Winnipeg, Manitoba. —A Monsanto Co research technician uses tweezers to transfer pollen from one canola plant to another, a small step toward creating a new breed of the…

Tough conditions for rebate benefiting firms . . . Need to account for received rebate . . . Industry says move akin to rent seeking

Kudzanai Sharara Manufacturers benefiting from rebate facilities will have to provide full proof of benefits accrued from utilisation of the production incentives or risk having them immediately withdrawn with stiff…

Fuel shortages bleed economy

Africa Moyo Fuel shortages obtaining in the country have adversely impacted on business, with low production and sales being noted in most sectors as delivery and passenger vehicles run dry.

Local content policy nears finality

Golden Sibanda Government is reportedly finalising the proposed local content policy that will prescribe thresholds for local material in all products; amid indications the policy document would soon be submitted…

World Bank optimistic of Zim’s growth potential

Business Writer Zimbabwe’s real GDP growth will expand 3,7 percent in 2019, according to World Bank projection, putting it above Government’s own estimates of 3,1 percent.

Zesa secures $176m for plant re-powering

Golden Sibanda Zimbabwe’s quest for energy self-sufficiency has received a major boost after State power utility, Zimbabwe Power Company (ZPC), secured $176 million to finance the rehabilitation of Harare power…

United Refineries focuses on export market reconnection . . . Localising the value chains also on cards . . . CEO calls for national social contract to solve challenges

Kudzanai Sharara Leading personal care and agro-commodities processor, United Refineries Limited (URL), will this year focus more on re-connecting with export markets, which have been dormant for the last decade,…

Delta explains regional expansion drive

Enacy Mapakame Zimbabwe’s largest beverages manufacturer Delta Corporation, said yesterday it will bid for assets in the region that its parent company AB InBev may divest from.

Data, internet to spur Econet’s 2019 revenue

Enacy Mapakame Analysts have projected data and internet to drive telecoms giant Econet’s business post unbundling as full-year revenue for the financial year 2019 is expected to hit $678 million…

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