Delta on ins and outs of local sourcing

Business Writer Zimbabwe’s brewery giant Delta Corporation reported significant growth in volume and revenue for the fourth quarter to March 2018. This helped the group recover from four

Taxman gives insight into economy

Compiling detailed and very accurate statistics of the size and form of Zimbabwe’s economy can be very difficult given the growth of small businesses and the level pegging or

CBZ to raise correspondent banking relationships

Business Writer Zimbabwe Stock Exchange listed financial institution CBZ Holdings is set to increase its correspondent banking relationships following fruitful discussions held with several Chinese institutions. At present, CBZ Bank…

Zim losing product counterfeit war

Victor Bhoroma  The unchecked growth of counterfeit (fake) products dumped on the Zimbabwean market has reached alarming levels. Although the country’s official import bill shows that imports into the country…

Army cleared of shady Chiadzwa deals

The Ministry of Defence, Security and War Veterans has cleared the army’s name dissociating it from alleged shadowy diamond dealings that took place prior to a 2015

Continue on aggressive re-branding exercise

Taurai Togarepi Since assuming office President Mnangagwa adopted the Zimbabwe is open for Business Mantra. True to his word, he has been consistent in all forums and backed this by…

Cryptocurrencies can transform financial activity

A judicious look at crypto-assets should lead us to neither crypto-condemnation nor crypto-euphoria, said IMF managing director Christine Lagarde, adding that crypto-assets could

Cryptocurrency, blockchain technology could help Facebook recover from massive data scandal

New York. — Mark Zuckerberg, chief executive officer and founder of Facebook Inc, speaks during a House Energy and Commerce Committee hearing in Washington, DC, US, on Wednesday, April 11,…

Creditors snap up 89pc starafrica shareholding… As RBZ’s Zamco gets controlling stake

Business Writer Starafrica Corporation creditors have acquired 89 percent stake in the company after converting the sugar processing firm’s $46,8 million debt into equity. 

Caledonia rights issue will dilute local majority shareholding

Business Writers Caledonia Mining Corporation, one of the first companies to comply with Zimbabwe’s indigenisation laws is now looking at increasing its shareholding in Blanket Gold Mine to

×