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

Palladium overtakes platinum, for now

Johannesburg. — Advances in electric vehicles powered by batteries will have a “devastating impact” on palladium in the future, but in the meantime the metal is

Follet-Smith wins HIV/Cancer golf tourney

Mugove Chigada Only the brave put their money on a debutant. Golf expert Ian Richards was bold about the Augusta visit last year, declaring that it was impossible to get a…

Proposed road fund to wipe out insurers income

Golden Sibanda Insurance companies say they stand to lose approximately 40 percent of their incomes through loss of third party cover, which they may have to stop running if the…

Raising funds for non-profit cultural organisations

Non-profit cultural organisations operating in the business sector with no objective of gaining profit are funded financially through sponsors. However, raising these funds can be

Creditor turns down Zimglass takeover bid

Martin Kadzere and Lovemore Zigara One of the major creditors to the Gweru-based glassmaker, Zimbabwe Glass Industries (Zimglass), has turned down a proposed $1,8 million offer to take over the…

Delta acquires Natbrew Zambia

Business Writer Delta Corporation is set to acquire a majority stake in National Brewery Zambia (Natbrew) in order to boost its multi-beverage strategy.

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