Zim settles $30m debt with Zambia

ZIMBABWE has settled the outstanding $30 million owed to Zambia as principal debt accrued through the acquisition of power generation equipment under the defunct Central African Power Corporation (Capco) which…

Clothing sector hit by massive job losses

Ngonidzashe Chiutsi Business Correspondent MORE than 19 000 jobs across the country have been lost in clothing companies registered under National Employment Council for Clothing Industry since 2006, an official…

Minister pushes for relaxation of visa requirements

Business Correspondent THE Ministry of Tourism and Hospitality Industry is pushing for the relaxation of the country’s visa regime in a bid to boost tourist arrivals into the country.

Delta financials likely to determine ZSE direction this week

BEVERAGE maker Delta will report its financials on Wednesday and its performance is likely to guide the direction of the equities market this week.

Short time extension or renewal

Paul Karanda Economic Focus THE nation continues to work on possible solutions to the economy with the ZimAsset blue print being the guiding plan. If an organisation is already on…

Special Mothers’ Day steam safari train

THE National Railways of Zimbabwe will today run a Special Mothers’ Day Steam Safari Train from Bulawayo to Figtree as part of its continued quest to promote tourism and family…

More investment needed for Harare International Carnival

Roberta Katunga Senior Business Reporter REAL investment is needed from Government and the corporate community to realise a carnival economy like other countries in the world as carnivals have the…

Zimbabwe targets Angola markets

Roberta Katunga Senior Business Reporter ZIMTRADE will be co-ordinating the participation of Zimbabwean companies at the Luanda International Trade Fair (Filda) in Angola as the country seeks to re-establish its…

China’s auto sales increase

SHANGHAI — China’s auto sales rose 8,8 percent year-on-year to just over 2,0 million vehicles in April, an industry group said Friday, although volumes in the world’s largest car market…

Losing top spot a wake-up call for ANC

JOHANNESBURG  — Slipping from its perch as the continent’s biggest economy could well be the jolt South Africa’s new government needs to seriously tackle the restrictive labour laws, power shortages…

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