Should Zim firms be paying out dividends?

Tawanda Musarurwa HARARE – It’s been rather rosy for some investors on the local equities market as a number of listed firms have declared dividends for the fiscal year just…

London hosts Zim investment forum

HARARE – London, the United Kingdom capital, will this week host a key high level investment forum on Zimbabwe as the  country forges ahead with its drive to attract capital…

ProDairy invests $1, 6m in project to reduce milk production costs

HARARE – Zimbabwe’s newest milk processor, ProDairy has invested $1, 6 million in an ambitious project in which it  is hoping to drastically cut the cost of milk production through…

Zesa gives defaulters six month ultimatum to pay up

HARARE – Zimbabwe’s power utility, Zesa  Holdings, which is owed up to a billion dollars in unpaid bills, has  given consumers until the end of this month to negotiate bill…

South Africa’s rand steady, stocks set to open higher

JOHANNESBURG – South Africa’s rand steadied against the dollar early on Monday, holding on to gains made in the previous session after disappointing U.S. wage growth pared bets the Federal Reserve…

World stocks bask in U.S. jobs data glow

LONDON – World stocks surged to a two-week high on Monday after strong U.S. jobs data at the end of last week helped take the edge off investors’ concerns about the potential…

 How corporate social responsibility projects can be derailed

By Olorunjuwon Samuel Big companies operating in developing countries often use corporate social responsibility initiatives to position themselves as development agents and friends of the host communities.

Equities market bounces back into the black

HARARE – The Zimbabwe Stock Exchange’s All Share index rebounded 0.18 points to settle at 86.43 as heavyweight BAT Zimbabwe went up by $0, 2500 to close at $20, 0000,…

Why BMC disbanded How Mine Football Club

Chipo Sabeta Bulawayo Mining Company (“BMC”), the holding company of How Mine and the principal sponsor of How Mine Football Club, says it has shifted focus in terms of corporate…

ED pledges policy stability, certainty to business

HARARE – President Emmerson Mnangagwa yesterday pledged to ensure policy stability and consistency as his administration moves to provide an enabling environment for local businesses to prosper and create jobs.

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