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- businessweekly
- November 17, 2017
- 1150 views
What a waste!…Dema set to be decommissioned…Sakunda proposes sale to zesa but Minister blocks deal
Tinashe Makichi Sakunda Holdings, a cash-rich private company, has reportedly proposed to decommission the Dema diesel electric power plant barely two years after the project kicked-off, Business
- businessweekly
- November 17, 2017
- 829 views
RioZim shortlist two for $1,5bn power station
Golden Sibanda Riozim may be close to a breakthrough that has eluded it over a long time, as it emerged that it had shortlisted two prospective foreign investors interested in…
- businessweekly
- November 17, 2017
- 505 views
Vela dismisses ‘NSSA crisis’
THE last three weeks or so, have been testing for National Social Security Authority (NSSA) board chairman Robin Vela and general manager, Elizabeth Chitiga. The duo has been
- businessweekly
- November 17, 2017
- 515 views
Social media plays a major role: Steward boss
Business Writer The Business Weekly had a candid interview with Dr Lance Mambodiani, the CEO of Steward Bank. The interview addressed some of the challenges faced by the bank as…
- businessweekly
- November 17, 2017
- 776 views
CBZ to raise funds for Gwanda solar project
Tawanda Musarurwa Zimbabwe’s largest financial group, CBZ Holdings has been appointed principal financial partner for the raising of $140 million to fund the Gwanda solar project. Ministry of Energy
- businessweekly
- November 17, 2017
- 1027 views
Old Mutual shares: The new forex to move funds
Kudzanai Sharara A block of Old Mutual Plc (OML) shares worth over $9 million changed hands on the local bourse on Monday this week. This is the biggest deal in…
- businessweekly
- November 17, 2017
- 625 views
Delta going back to its roots
Mamvura’s Market Minute The jury is out on whether Delta, which makes more than half its profit out of sorghum beer, will make a success of Natbrew in Zambia. As…
- businessweekly
- November 17, 2017
- 489 views
Zim set for 28 tonne gold haul
Africa Moyo Zimbabwe is this year is heading towards breaking its 18-year record of the highest ever gold output of 27,1 tonnes, spurred by a sterling performance by small-scale and…
- businessweekly
- November 17, 2017
- 929 views
SMM to re-open Mashava Mines
Martin Kadzere SMM Holdings will soon re-open Mashava Mines, one of its asbestos mines in southern Zimbabwe, Mines and Mining Development deputy minister Fred Moyo has said.
- businessweekly
- November 17, 2017
- 647 views
Increased dividend payouts, bad sign for the economy
Kudzanai Sharara Taking Stock In an economy that is generally described as under-performing, the increased dividend payouts by local companies is a reason to celebrate. But higher dividend payments could