Zimbabwean industry big winner

There are winners in the foreign currency shortages, just as there are losers. The winners divide into two groups, the legitimate and the illegitimate. The legitimate winners are

Q3 gold output clocks 17,1 tonne as small-scale miners outpace big corporates

Business Writer Small scale miners outpaced big corporates in the third quarter 2017 gold output by 29 percent to settle at 4 043kgs compared to 3 120kgs produced by established…

Dichotomising the new Cabinet anatomy

Clemence Machadu And so it is; ten ministers have been reassigned, with eight new coming in, while some have been dropped. What does this new Cabinet setup tell us about…

Close to 2 million Old Mutual shares change hands

Business Writer Close to two million Old Mutual Zimbabwe Limited shares have changed hands since the company was listed on the FINSEC alternative trading platform in December 2016.

Independent committee to give Zinara direction

Livingstone Marufu An independent committee that will scrutinise findings of the Zimbabwe National Roads Administration (Zinara) report, is expected to decide Government’s next course of action.

Empower Bank to introduce best lending practices

Tinashe Makichi and Chris Chenga Newly launched Empower Bank intends to seek viable ventures and introduce best lending practices as part of the financial institution’s risk mitigation strategy. Government through

Cresta’s Botswana performance dips

Tinashe Makichi Ta Group’s Cresta Hotels says its Botswana operations have been impacted by declining mining activity and a general decline in economic output in the country. 

Rough tides for retail sector, the best will sail through

Kudzanai Sharara Taking Stock Few industries have felt the effects of the country’s economic strain as acutely as the clothing retail sector. The impact of plummeting consumer spending on the sector…

Time flies, wear a watch

Tafadzwa Zimoyo (TheBoss) Business Closet Time surely does fly! Another year is about to close and it looks like we will soon go back to the planning board in terms…

The hits and the misses of the last reporting season

June reporting season was not anything far from the general analysts’ forecasts. Earnings were weaker across most companies due to volume declines and/or reduction in average

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