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- businessweekly
- May 25, 2018
- 561 views
RioZim to sell majority stake in Sengwa plant . . . Five prospective investors lined up . . . Three investors interviewed
Golden Sibanda Riozim Limited intends to sell majority shareholding to an investor who wins its tender to construct an ambitious long-standing $1,2 billion thermal power station in Sengwa, Gokwe North,…
- businessweekly
- May 25, 2018
- 471 views
Three shortlisted for $294m Kariba spillway rehabilitation
Business Writer The Zambezi River Authority (ZRA) has shortlisted three prequalified companies for a $294-million rehabilitation of Kariba Dam spillway to secure safe and controlled release of water from the…
- businessweekly
- May 25, 2018
- 506 views
No power shortage fears . . . as investors circle Zimbabwe
Africa Moyo As the country becomes a magnet for billionaire global investors riding on President Emmerson Mnangagwa’s ‘Zimbabwe is open for business mantra’, fresh concerns have emerged over the availability…
- businessweekly
- May 25, 2018
- 761 views
Mines warn over costly platinum tax . . . Tax targeted at exporters of raw platinum . . . Miners cite effect on viability, competitiveness
Golden Sibanda Mining firms in Zimbabwe have expressed reservations over Government’s new platinum beneficiation tax structure, warning the charges were extremely high, undermined competitiveness and viability of this strategic sector.
- businessweekly
- May 25, 2018
- 1042 views
Seven years of lithium sold up-front . . . Chinese to buy 70 percent of output for 7 years . . . Major Zimbabwe lithium carbonate plant planned
Golden Sibanda Australian battery minerals firm Prospect Resources, now investing in Zimbabwean lithium mining, has sold 70 percent of its initial production before the mineral has even been extracted from…
- businessweekly
- May 25, 2018
- 759 views
High tax on car imports . . . Grey imports gobble $4,5 billion . . . Government to increase surtax by year end . . . Move meant to grow market for new vehicles
Martin Kadzere The cost of importing used vehicles is likely to increase as government is considering raising import levies on all pre-owned cars, Industry, Commerce and Enterprise Development Minister Mike…
- businessweekly
- May 25, 2018
- 631 views
Fally Ipupa to perform in Zim
Taurai Mangudhla The youthful in their late 20s and younger, and avid rhumba music lovers would know him better than the older folk in their 50s.
- businessweekly
- May 25, 2018
- 579 views
Zim golf courses deteriorate . . . Courses being converted to farms, beer halls and event venues
Chipo Sabeta A number of golf courses and facilities in the country are now in an appalling condition due to negligence and poor maintenance by responsible authorities.
- businessweekly
- May 25, 2018
- 667 views
Chess Grandmaster jets into Zim . . . Nigel Short to share strategy secrets with business executives
Chipo Sabeta Chess Grandmaster Nigel Short jets into Harare next Tuesday as part of a seven-nation tour across Africa where he will share strategic insights and lessons from chess with…
- businessweekly
- May 25, 2018
- 551 views
‘Equity first’ for funding SMEs
Dr Sanderson Abel Financing enterprises is not an easy thing more so for small businesses who at times are not formal. For any funder to be able to release resources…