SA investor eyes Gweru asphalt plant
Munyaradzi Musiiwa GWERU – South African based company Morning Trading has expressed interests in setting up an asphalt plant in Gweru as a joint venture project with Gweru City Council.
Powerspeed profit up 285pc
Michael Tome HARARE – Zimbabwe Stock Exchange-listed Powerspeed Electrical profit for the year up to September shot up by 285 percent to $4, 2 million from $1, 1 million recorded…
Zimplats channels over $43m to indigenous businesses
Walter Nyamukondiwa MASHONALAND WEST – Platinum giant Zimplats has channelled more than $43m to indigenous business entities – mostly businesses based in Mashonaland West – as part of its local…
Govt moves to resolve Tongaat Huletts, farmers dispute
George Maponga MASVINGO – Vice President Kembo Mohadi is working flat out to resolve the sticking Division of Proceeds (DOP) dispute pitting Lowveld sugar producer Tongaat Huletts Zimbabwe and hundreds…
Promise of right to housing remains elusive in democratic South Africa
Soraya Beukes South Africa’s Constitution protects everyone’s right to access adequate housing. This principle was spelled out in law when the Court issued a landmark ruling in 2000 that stipulated…
Oil prices advance 1pc on expectations of OPEC-led output cuts
SINGAPORE – Oil prices rose by more than 1 percent on Tuesday, extending bigger gains from the previous day amid expected OPEC-led supply cuts and a mandated reduction in Canadian…
Rand gains ahead of GDP data
JOHANNESBURG – South Africa’s rand rose early on Tuesday ahead of economic growth data release for the third quarter ended September, amid renewed demand for risk assets as the United…
Accountant General chucked out of Parly Committee
HARARE – The Parliamentary Portfolio Committee on Public Accounts on Monday chucked out Accountant General Daniel Muchemwa after he failed to answer questions pertaining to the country’s debt.
CABS introduces prepaid MasterCard
Enacy Mapakame The Central Africa Building Society (CABS) has introduced a prepaid MasterCard as part of efforts to bring international transactional convenience to the market.
Why under valuing families is a problem for South Africa’s economy
Linda M. Richter A country’s wealth goes hand in hand with its Gross Domestic Product (GDP), which is the market value of goods and services over a defined period of…











