Business

Business

All organisations acquire goods, works and services necessary to satisfy their customer demands. ...

Colcom Holdings has delisted its shares from the Zimbabwe Stock Exchange (ZSE) after Innscor assumed 100% ownership of the pork and meat processor. ...

Kenya’s economy expanded at the slowest pace since December 2013 as a government-imposed cap on commercial lending rates, a drought and disputed elections weighed on growth in the world’s largest exporter of black tea. ...

From the rampaging bull to the CFI soap opera, 2017 was a rollercoaster year for the Zimbabwe Stock Exchange (ZSE) with market correction taking place after the military stepped in on November 15 to “arrest the deteriorating political, social and economic conditions”. ...

TRANSPORT Infrastructure is one of the pivotal vehicles to economic growth and plays a key role in socio-economic development through the movement of goods and passengers. ...

The Programme for Infrastructure Development in Africa (Pida) has proposed the flotation of a Diaspora Bond to raise part of the funding for the construction of the $4 ...

THE demand for liquid petroleum gas (LPG) in Zimbabwe has risen by 69% to 27 million kg per month in September 2017, compared to the same period last ...

BULAWAYO City Council (BCC) has announced plans to partner with Metbank in the development of 816 high-density residential stands in Emganwini to ease the housing backlog, a new report has revealed. ...

From banking queues, forex shortages and messy divorce at ZB Financial Holdings, 2017 was an incident-filled year for the banking sector. It was also a time in which the Barclays eagle flew out of Zimbabwe. ...

The clothing sector in Zimbabwe says it witnessed “an increase” in exports in 2017 based on better capacity utilisation and the need to generate own forex for raw material imports, an official has said. ...

THE Reserve Bank of Zimbabwe (RBZ) is reportedly sending its officials to engage local bitcoin players to try and understand how the cryptocurrency operates. ...

HWANGE Colliery Company Ltd (HCCL) says the 3 Main Underground Mine is back in production and expects to treble the output figures in the first quarter of 2018. ...

LOCAL fuel supply and distribution firm, Glow Petroleum, has revealed that construction of its $5 million shopping mall at Lupane business centre will commence shortly after the rainy season next year, with the project set to be completed in 2019. ...

GOVERNMENT yesterday unveiled a $432 million livestock, fisheries and wildlife production programme aimed at improving the country’s economic fortunes. ...

Tanzania has said Bharti Airtel Ltd’s local unit belongs to State-owned Tanzania Telecommunications Co, a claim that sets up an ownership dispute between the government and Indian phone operator. ...

South Africa’s ruling African National Congress has adopted a resolution calling for the nationalisation of the central bank and land expropriation without compensation, a senior party official said on Wednesday. ...

South Africa’s biggest lender by assets, Standard Bank, has urged the newly-elected leadership of the ruling African National Congress (ANC) party to urgently implement sweeping reforms to restore investor confidence and reverse economic decline. ...

ZIMBABWE Information and Communication Technologies (ZICT) says the information and communications technology (ICT) sector has potential to create 40 000 jobs as it is one of the fastest ...

Finance deputy Minister Terrence Mukupe has said some individuals who externalised money made frantic efforts to curry favour with the ruling Zanu PF by offering to donate to ...

Regional solutions on top of national ones are necessary for countries looking for economic recovery, New Partnership for Africa’s Development (Nepad) chief executive officer Ibrahim Mayaki has said. ...

THE current system breakdown of the Zimbabwe Revenue Authority (Zimra)’s Customs and Excise online system is inflicting millions of dollars in revenue loss and is far hurting than ...

ECONOMIC analysts have blamed foreign currency shortages and uncontrolled government expenditure through the issuance of Treasury Bills (TBs) for fuelling the current wave of price hikes on basic ...

THE Zimbabwe Revenue Authority (Zimra) has introduced other interim measures to minimise delays in the clearance of cargo at the country’s border posts, after its Automated System for ...

MEAT traders have refused to reverse the 30-50% hike they introduced on all meat products this year, saying the increments were necessitated by the high costs they were ...

GOVERNMENT has ordered bakers to revert back to the old bread price, following a 10% hike at the weekend. ...

ZIMBABWE’S clothing sector can increase employment by 186% to 20 000 if all sectors in the country could procure locally, Zimbabwe Clothing Manufacturers’ Association chairman Jeremy Youmans has said. ...

For Zimbabwe to industrialise, its entrepreneurs need government policies that help their firms grow. ...

SPECIAL adviser to the President, Christopher Mutsvangwa has called for the immediate scrapping off of Statutory Instrument 64 of 2016, as one of the tangible measures to reduce the cost of food and goods. ...

SPAR Zimbabwe has opened four supermarkets in the country this year, creating over 200 jobs in the process, the company’s public relations officer, Louise McAllister, has said. ...

Government is set to receive about $2 million from the Common Market for Eastern and Southern Africa (Comesa) to capacitate the country’s leather and cotton value chains, Finance deputy minister Terrence Mukupe has said. ...