Business

'Agro bills sustaining agriculture'

5 September 2014 FINANCIAL institutions' decision to issue agro bills will help to revive the country's ailing agriculture sector, economic analysts have said.

Agric show boosts rural farmers

1 September 2014 FARMERS attending this year's Harare Agricultural Show at the Exhibition Park have expressed satisfaction with the exposure and other material benefits associated with the event.

Cotton farmers cry foul

27 August 2014 David Zingwevu sits on his cotton bales with clasped hands as he explains the challenges faced by cotton farmers in the country.

Cattle restocking a priority: Made

4 August 2014 GOVERNMENT is set to embark on a five-year massive cattle restocking worth $100 million, to replace the dwindling herd.

Tourism minister goes biblical

4 August 2014 TOURISM minister Walter Mzembi last week went biblical quoting over a dozen scriptures during the launch of the National Tourism Policy as he sought divine power to make his "dream" $5 billion tourism target by 2020 a reality.

Mobile money transactions popular

25 July 2014 STREET vendors have found transacting money using mobile phones safe, easy and efficient for their day to day small businesses.

Reviving CSC critical for beef industry

21 July 2014 ZIMBABWE must revive operations of the Cold Storage Company (CSC) as part of efforts to restore the beef industry in the country, agricultural and livestock experts say.

Subsidise broadband prices: Mujuru

21 July 2014 AFRICAN states need to subsidise broadband prices as they remain high relative to income levels, Vice President Joice Mujuru said.

Banana farmers sing the blues

15 July 2014 BEYOND Honde Valley, lofty forests of banana plantations tower, canopying the winding road.

No joy for A1 farmers

15 July 2014 DESPITE the pomp and fanfare that characterised the handing over of 79 A1 farm permits to farmers last week by President Robert Mugabe, it seems the beneficiaries will not immediately enjoy getting loans from financial institutions.

Maize harvest set to double

4 July 2014 ZIMBABWE's maize harvest is expected to double from 700 000 tonnes recorded last year to 1,4 million this year due to improved rainfall patterns, agriculture experts say.

4,2m use EcoCash

27 June 2014 BY CLICKING a few keys on a mobile phone, money can be zapped instantly from one part of Zimbabwe to another in seconds.

No amendments to Zim Indigenisation Act

26 June 2014 ZIMBABWE'S Indigenisation minister Francis Nhema insists that there will be no amendments to the Empowerment Act until deliberations are complete.

'Exercise caution on SMEs exchange'

30 May 2014 ZIMBABWE'S plans to set up an alternative stock exchange for small to medium enterprises (SMEs) should be exercised with caution, analysts say.

Zim risks ITU ban

12 May 2014 ZIMBABWE may be expelled from the International Telecommunications Union (ITU) if it fails to meet the June 2015 international digital migration deadline set by the ITU, a former Cabinet minister said.

AfrAsia shareholding up to 62,5%

28 April 2014 MAURITIUS-BASED AfrAsia Bank Limited (ABL)'s shareholding in AfrAsia Zimbabwe Holdings Limited (AZHL) - formerly Kingdom Financial Holdings Limited - will increase to more than 62,5 percent from 36 percent following a $20 million fresh capital injection.

Mobile phone revolution hits Zim

28 April 2014 A DRIVE through Zimbabwe's bustling capital of Harare reveals a nation in love - with the mobile phone.

Mining royalties up 154pc

22 April 2014 ZIMBABWE'S mining royalties went up 154 percent to $79,1 million in the quarter to March 2014 spurred by diamond sales on the international market.

'Nssa reluctantly invested in Capital Bank'

5 March 2014 THE National Social Security Authority (Nssa) only invested in Renaissance Merchant Bank after government insisted the move was aimed at promoting national interest.

9 500 workers lose jobs

24 February 2014 MORE than 9 000 workers have lost their jobs since the beginning of the year following the closure of 75 companies, a survey by the Zimbabwe Congress of Trade Unions (ZCTU) reveals.

Morally wrong to hike electricity tariffs

17 February 2014 ELECTRICITY consumers have hit out at plans by the Zimbabwe Electricity Distribution Company (ZETDC) to increase power tariffs by five percent.

Byo's industries total collapse

3 February 2014 BULAWAYO - The story of City of Kings, Bulawayo which used to be the country's industrial hub, and now fast turning into a ghost town, reads like fiction when in actual fact it is true.

'ZimAsset mere rhetoric'

20 January 2014 GOVERNMENT'S much-hyped economic blueprint Zim Asset has no clear-cut model on how funds will be raised for successful implementation of its goals other than mere rhetoric, Econometer Global Capital (Econometer) says.

'Review banks' capital requirement'

8 December 2013 THE Reserve Bank of Zimbabwe (RBZ) must consider reviewing the $100 million minimum capital requirement it imposed on banks, analysts say.

Unemployment a ticking time bomb

23 November 2013 WITH Zimbabwe's youth unemployment reaching astronomical levels in the past few years due to economic decline, choruses are getting louder for government to address this issue.

Govt maintains GMO ban as thousands face starvation

23 November 2013 ZIMBABWE has maintained that it will not embrace genetically modified organisms (GMO) technology despite the country facing imminent hunger threats.

Zim firms struggle to pay rentals

18 November 2013 MOST Zimbabwean companies are struggling to pay rentals with the level of arrears generally high, Knight Frank (KF) says.

'WTO should redress inadequacies, imbalances'

18 November 2013 ZIMBABWE should be among developing countries that need to re-affirm the condemnation of corporate-led globalisation and attempts to reinforce and expand its inherent efforts across the globe, analysts say.

'Zim remains prone to drought'

1 November 2013 MBONISI Dube looks up to the skies hoping the heavens will graciously open up so rain can pour down.

Public outcry over urban tollgates

25 October 2013 TRANSPORT and Infrastructural Development minister Obert Mpofu's recent announcement to create urban tollgates has stirred fierce public debate.

Steward Bank ready to protect EcoCashSave depositors

18 October 2013 TELECOMS group Econet Wireless Zimbabwe (Econet)'s banking subsidiary Steward Bank says it is geared towards protecting depositors that will use the revolutionary paperless banking service EcoCashSave.

Zim calls for Sadc integration

11 October 2013 ZIMBABWE says economies of Southern African Development Community (Sadc) member states can only grow through enhanced trade and investment.

'Zim companies must be competitive'

4 October 2013 ZIMBABWEAN companies must venture into unique businesses as a way of surviving regional and international competition, an advisory firm has said.

Meikles completes $8, 5 m refurbishment

27 September 2013 FIVE star hotel Meikles has completed an $8, 5 million refurbishment programme of its North Wing and is ready to tap into the influx of tourists following the successful rebranding of Zimbabwe.

Zimbabwe poultry sector booming: Experts

13 September 2013 A SURGING demand for chicken, meat and eggs is putting the Zimbabwean poultry sector on the path to being a major contributor to the country's gross domestic product, the Zimbabwe Poultry Association of (ZPA) has said.

ZITF kick starts 2014 marketing campaign

13 September 2013 Over 100 exhibitors including lease holders have already taken up more than 40 percent of the total space for the next year's 55th edition of Zimbabwe International Trade Fair (ZITF).

Be more innovative, banks told

6 September 2013 BANKS should be more innovative to cushion themselves from the impact of the banking reforms imposed by the central bank, financial advisory firm Lyton Edwards Stockbrokers (Les) says.

Mzembi plans Afrian Disneyland

31 August 2013 THERE'S no Disneyland in Africa, but if comments from Zimbabwe's Tourism and hospitality minister are any indication, a big-time theme park along those lines may be in the works for an area near the iconic Victoria Falls.

Freda ramps up production

23 August 2013 MWANA Africa's Zimbabwean based Freda Rebecca Gold Mine (Freda) is poised to optimise production following the revamping of part of its plant which collapsed in February.

Liquid introduces latest data transmission technology

23 August 2013 ECONET Wireless Zimbabwe Limited's sister company, Liquid Telecom (Liquid), this week became the first telecommunications company to deploy a cross border cutting edge transmission technology called Dense Wavelength Division Multiplexing (DWDM) in Zimbabwe.

ABC profits up 77pc

16 August 2013 BANKING group ABC Holdings Limited (ABC) recorded BWP 169 million profit before tax in the half year to June 30, 2013, up 77 percent from BWP96 million recorded in prior comparable period.

Mugabe win: Zim business' dilemma

9 August 2013 LIKE everyone else in the country, Zimbabwean business owners and industry captains are in a serious dilemma.

FML seeks lost glory

26 July 2013 AFRICAN First Renaissance Corporation Limited (Afre) has officially changed its corporate identity to First Mutual Holdings Limited (FML) in a bid to spruce up its image.

World Bank aims to revamp Zim economy

9 July 2013 ZIMBABWE is set to benefit from the World Bank's Interim Strategy Note (ISN) aimed at fostering private sector-led growth, creation of an enabling environment and reducing societal vulnerabilities.

Tighten customer service policy - Zim told

28 June 2013 ZIMBABWE has been urged to craft stringent laws compelling corporates to improve customer service delivery in the country.

Hands off mines, experts warn

24 May 2013 MINING experts have warned that Zimbabwe's position as an emerging mining superpower should not be taken for granted, or jeopardised by political short-sightedness.

Airlines give Zim thumbs up

3 May 2013 INTERNATIONAL and regional airlines continue to scramble for Zimbabwe's runways ahead of the United Nations World Tourism Organisation (UNWTO) general assembly, a move seen by market experts as a sign of the country's anticipated economic recovery.

Tobacco sector grows

10 August 2012 THE Tobacco Industry and Marketing Board (TIMB) says it will register more new tobacco growers for the 2013 season as more farmers look to take advantage of firm prices recorded in the just ended marketing season.

Conducive variables required before Zim dollar return

3 August 2012 MACRO-ECONOMIC variables need to be secure before the Zimbabwean dollar (Z$) is brought back into circulation, Economic Planning ministry Permanent Secretary Desire Sibanda says.

Beef sector grows

5 May 2012 ZIMBABWE'S beef sector has registered a two percent marginal growth in the first two months of the year compared to the same period last year, the African Development Bank said (AfDB).