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- businessweekly
- June 11, 2018
- 312 views
South Africa’s Vodacom to increase black ownership
JOHANNESBURG – South Africa’s Vodacom Group said on Monday it will increase the stake held by black shareholders by up to 6.25 percent in a 17.5 billion rand ($1.34 billion) black empowerment…
- businessweekly
- June 11, 2018
- 671 views
Zim introduces new orange maize varieties
Sifelani Tsiko HARARE – Zimbabwe is introducing four more orange maize hybrid varieties as part of efforts to step up the adoption high-yielding, highly nutritious and drought tolerant varieties rich…
- businessweekly
- June 8, 2018
- 786 views
Edgars profit slides
HARARE – Listed clothing retailer Edgars Stores Limited’s after-tax-profit for the year to April 2018 stood at $1,3 million, down 2,5 percent from prior comparable period. Management however said the…
- businessweekly
- June 8, 2018
- 1348 views
Gono’s seven farm empire unmasked
Golden Sibanda Former Reserve Bank of Zimbabwe (RBZ) governor and businessman, Gideon Gono, is named in sensational claims of multiple farm ownership which he accumulated under state leases due to…
- businessweekly
- June 8, 2018
- 812 views
Zimbabwe needs the right FDI
Kudzanai Sharara Understanding the kind of Foreign Direct Investment (FDI) that comes into the country is very critical as some of it might be negative and end up destroying local…
- businessweekly
- June 8, 2018
- 386 views
‘Zimbabwe set for take off … But translate rhetoric into action’
Martin Kadzere and Kudzanai Sharara Zimbabwe holds massive potential to become one of the fastest growing economies in Africa, but the bright prospects hinge on its ability to translate rhetoric…
- businessweekly
- June 8, 2018
- 454 views
‘Zimbabwe horticulture can grow on partnerships’
Munashe Matambo Zimbabwe’s horticulture sector has potential to grow into big business if local players partner with experienced companies from the Netherlands, ZimTrade acting CEO Allan Mujuru has said. He…
- businessweekly
- June 8, 2018
- 377 views
Edgars may lay off 90 workers
Andile Tshuma Bulawayo. — Panic has gripped workers at Edgars Stores Limited over plans to lay off about 90 employees in Bulawayo as part of a restructuring exercise, but company…
- businessweekly
- June 8, 2018
- 442 views
Strong performance forecast for OK Zim
Enacy Mapakame Retail giant OK Zimbabwe’s revenue for the financial year 2019 to jump 11 percent to $651 million, according to industry analysts, driven by an anticipated robust performance in…
- businessweekly
- June 8, 2018
- 358 views
Bulls raging on the ZSE: Is it 2013 all over?
Activity on the Zimbabwe Stock Exchange was much improved in the month of May with more than $60,2 million worth of shares having been traded. This was the second highest…