Langford development goes ahead despite CFI wrangles: Fidelity
Enacy Mapakame Listed insurance group, Fidelity Life Assurance will proceed with its Langford Estate development as scheduled in spite of the ongoing shareholder dispute at the former land
Highlights from the 2018 national budget
The quest for recovery After five consecutive years of economic slowdown the economy is now on the rebound. It is expected to grow by 3.7 percent in 2017 against the…
IDBZ to invest $200m in renewable energy
Martin Kadzere The Infrastructure Development Bank of Zimbabwe intends to invest as much as $200 million in developing “green” projects in the renewable energy with combined generation
Govt gears up industry protection
Government will continue to avail various protective measures to the local industry, albeit noting that it has contravened some of its obligations to regional trading blocs. Finance and
Nicoz to disappear from ZSE
Mamvura’s Market Minute When Nicoz disappears from the Zimbabwe Stock Exchange following the First Mutual Limited action, we will be down to 58 active companies and two suspended.
Power tariff hike to hurt industry
Africa Moyo Increasing the electricity tariff is not ideal at the moment as that would worsen the country’s competitiveness position, the Zimbabwe National Competitiveness Report (ZNCR)
Border Timbers judicial management exit stalls
Taurai Mangudhla An alleged impasse pitting two major creditors of Zimbabwe Stock Exchange-listed timber firm, Border Timbers and its administration manager has stalled the group’s plans to
A visit to Bulawayo presents a sorry picture
Herbert Zharare Bulawayo used to be the country’s industrial hub. Proprietors of many businesses as recent as 2000, used to flock to Bulawayo for heavy equipment, plant and equipment repairs…
Powerspeed Electrical’s profit after tax up 140pc
Enacy Mapakame Powerspeed Electrical Limited’s profit after tax jumped 140 percent to $1,091 million from $0,454 million achieved last year on improvements in volume and revenue.
Steinhoff failure shocks asset managers
Johannesburg. — The failure of Steinhoff has shocked even the most seasoned asset managers. It is the biggest corporate failure on the JSE. Allegations of earnings





