adminBNC converts debt to equity
Business Reporter BINDURA Nickel Corporation will convert US$3 million worth of liabilities into equity after shareholders approved the placing of 100 million ordinary shares of the Zimbabwe Stock Exchange-listed firm…
Econet launches drought cover
Business Reporter ECONET Wireless Zimbabwe has developed a weather-indexed drought insurance cover for smallholder farmers allowing farmers to make a financial claim if their crops fail because of either inadequate…
Nokia defends US$25m payoff
HELSINKI. – Nokia chairman Risto Siilasmaa yesterday defended a US$25,4 million payoff to former chief executive Stephen Elop as part of Microsoft’s takeover of its mobile phone unit.
RBZ offloads Astra stake
Tinashe Makichi Business Reporter JAPANESE paint manufacturing giant Kansai Plascon has acquired 49 percent of the Reserve Bank of Zimbabwe’s 63 percent stake in Astra Industries in a deal worth…
Govt pledges to support dairy industry
Business Reporter Government will continue to encourage public- private sector partnerships in the dairy industry to drive training, research, extension support and development of the sector, Agriculture, Mechanisation and Irrigation…
Datlabs launches new Camphacare
DATLABS has launched a new Camphor Cream brand called CamphaCare following Tiger Brands’ withdrawal to have the local pharmaceutical giant produce and market Ingram’s Camphor cream in Zimbabwe.
A leaf from Asian Tigers
This is part 2 of the first article published on this column last week as Zimbabwe seeks to adopt proven, credible and sound Economic policies the Asian Tigers provide an…
President Mugabe’s address @ UNGA
Address by His Excellency the President of the Republic of Zimbabwe, Comrade R.G. Mugabe, During the General Debate of the 68th Session of the United Nations General Assembly: New York, 26th…
Tiles for Africa opens showroom
ZIMBABWE’S leading supplier of local and international tiles, taps, sanitary ware, lights and accessories, Tiles for Africa has added another state-of-the -art showroom to the firm’s national footprint.
Fresh Sudan riots leave 29 dead
KHARTOUM — Fresh rioting erupted in Sudan on yesterday as protests sparked by a government decision to scrap fuel subsidies raged into a fourth day and medics reported an overall…