Zim economy overbanked?
Business Correspondent ZIMBABWE’S economy is overbanked and has the highest number of banks that need to be trimmed as they cannot be sustained under the prevailing conditions, a development economist…
Zesa, is this the best you can offer for Zim Asset?
Gabriel Masvora POWER utility, Zimbabwe Electricity Supply Authority, is a very important entity in the economic jigsaw puzzle of this country. In fact, it is the centre on which most…
Hippo Valley records depressed results
Roberta Katunga Senior Business Reporter STOCKBROKERS have recommended a hold on sugar producing concern, Hippo Valley estates’ shares, at a time when the company recorded a 22 percent drop in…
ZimTrade, clothing manufacturers to attend Source Africa
Roberta Katunga Senior Business Reporter A DELEGATION from ZimTrade and the Zimbabwe Clothing Manufacturers’ Association (ZCMA) is set to participate at the annual pan-African textile, clothing and footwear trade event,…
Nyaminyami Festival to showcase Tonga culture
Rumbidzai Mbewe Business Correspondent THE Kariba Tourism and Business Indaba in partnership with the Zimbabwe Tourism Authority will hold Nyaminyami Festival in the resort town meant to showcase among other…
Kenya raises diesel, kerosene prices, lowers petrol
NAIROBI — Kenya’s energy regulator raised the maximum retail price of a litre of diesel and kerosene yesterday, and lowered that of petrol, reflecting their import costs.
Another blow for SA’s credit ratings
CAPE TOWN — Standard & Poor’s (S&P) downgraded South Africa’s credit ratings, handing another blow to an economy struggling with labour, growth and electricity challenges.
Rural electrification tariff to increase
THE Rural Electrification Tariff is set to go up after the Minister of Energy and Power Development called upon the new Rural Electrification Agency board to review the current tariff.
Breakfast meeting for Angola market research findings
Ngonidzashe Chiutsi Business Correspondent ZIMTRADE is next week set to hold a breakfast business meeting in Bulawayo to disseminate findings of the Angola market research which was carried out in…
We want jobs, SA tells Zuma
JOHANNESBURG — South Africans want President Jacob Zuma to focus on job creation in his State of the Nation address, market research company Ipsos said on Friday.






