Indigenisation amendment: Just what doctor ordered

Martin Kadzere Interview The Government has formalised the amendments to the Indigenisation Act. The requirement that 51 percent of all businesses worth more than $500 000 should be owned by…

Lights on for investors

Zimbabwe’s well-oiled campaign to attract investment has to be backed by infrastructure and in particular by being able to guarantee the new investors in mining and industry that we can…

Insurance sector assets up 137pc

Enacy Mapakame HARARE – Assets for Zimbabwe’s short-term insurance industry have grown 137 percent to $396 million as at the end of last year compared to $167 million seven years…

Firm crocodile skin prices drive Padenga profits

HARARE – Crocodile farming firm, Padenga Holdings saw its net profit surge 53 percent to $12, 8 million for the year ended December 2017 compared to the previous year on…

Zim foreign trade hits $8, 4bn

BH24 Reporter HARARE – Zimbabwe’s total trade last year topped $8, 4 billion, up 16 percent from $7, 2 billion in the previous year. The availed figures are however yet to…

Rand in sweet spot as SA keeps investment grade status

The rand was in a sweet spot on Monday morning, after SA successfully defended its investment grade status. Not only did Moody’s Investors Service preserve the country’s investment grade status,…

IMF’s Lagarde proposes ‘rainy day fund’ for euro zone

BERLIN – International Monetary Fund (IMF) Managing Director Christine Lagarde on Monday proposed creating a “rainy day fund” for the euro zone to help cushion members of the currency union…

Six challenges that impede entrepreneurs with disabilities in South Africa

By Eugine Tafadzwa Maziriri South Africa needs to do more to support people living with disabilities who want to run their own businesses. At present it is hard for them…

Old Mutual posts 139pc jump in APT on ZSE rally

Tawanda Musarurwa HARARE – Zimbabwe’s biggest financial services group, Old Mutual Zimbabwe posted a ‘significant’ 139 percent increase in after tax profit to $219 million for the year to December 31, 2017…

World cricket event to generate over $12m

Chipo Sabeta In the recent past Zimbabwe did not have much luck with hosting weighty global sports events, but the country is currently reaping the benefits of hosting the ICC…

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