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LANDS & AGRICULTURE

Chemco Holdings mulls ZSE re-listing

Agro-chemicals manufacturer and distributor Chemco Holdings Limited (Chemco) plans to re-list on the Zimbabwe Stock Exchange (ZSE).The group was suspended from the bourse in August last year."The boar...

By Staff reporter | Published: 12 August 2013

POLITICS

Mugabe promise to review salaries for civil servants

President Robert Mugabe has promised to review this year, as promised, the salaries of the civil service.He said this while addressing thousands of people who where gathered for the Heroes Day commemm...

By Business reporter | Published: 12 August 2013

OPINION

Mugabe win: Zimbabwe business' dilemma

LIKE everyone else in the country, Zimbabwean business owners and industry captains are in a serious dilemma.While there were desperate calls for "a clear winner" in July 31's election, as the coaliti...

By John Kachembere | Published: 12 August 2013

ZIMBABWE

ZSE loses $1 billion

Zimbabwe's equities market has lost nearly $1 billion in one week following the controversial re-election of President Robert Mugabe.The southern African country's bourse - which had a market capitali...

By Business reporter | Published: 12 August 2013

JOBS

Vacancy: - Junior Researcher/ Conference Producer

A vacancy has arisen for an intern at a Research, business Intelligence Company based in the South of JohannesburgThe TaskTasks of this position can include, but aren't necessarily limited to:Researc...

By Staff reporter | Published: 12 August 2013

LANDS & AGRICULTURE

Dairiboard takes Buscod to court over $5 000 debt

DAIRIBORD Zimbabwe has dragged to court the now defunct Buscod Supermarket for failing to pay close to $5 000 being money for goods it bought on credit.Buscod Supermarket, a subsidiary of Humble Tradi...

By Court Reporter | Published: 12 August 2013

TELECOMS & TECHNOLOGY

Telecel to be indigenised by month end

TELECEL International, the Egyptian controlling shareholder in Telecel Zimbabwe, has committed to addressing its lopsided shareholding in the mobile phone operator by the end of this month in what wil...

By Business Reporter | Published: 12 August 2013

BUSINESS NEWS

Mutambara urges Zim companies to have a global mindset

Zimbabwean companies have been urged to take a global approach to penetrate the international markets and meet the growing demands of the population. Speaking at the inaugural Africa Business Leadersh...

By Business Reporters | Published: 12 August 2013

INDUSTRIALS & ENERGY

Ingwebu Breweries records strong performance

BULAWAYO City Council (BCC) undertaking Ingwebu Breweries has recorded a strong performance for the year ended 2012 with traditional beer volume growth of 16% despite fierce competition in the cut-thr...

By Business reporter | Published: 12 August 2013

ZIMBABWE

SA tops as Zimbabwe's biggest tobacco buyer

SOUTH Africa has overtaken China as the biggest buyer of the country's golden leaf as of last week, according to latest statistics from the Tobacco Industry and Marketing Board (TIMB).South Africa bou...

By Business reporter | Published: 11 August 2013

ZIMBABWE

Conditions necessary for the reintroduction of the Zimdollar

1. Bank reforms - these should emphasize the issues of cooperate governance and compliance.In addition this also includes putting in place a Reserve Bank governance structure that ensures effective ov...

By Business reporter | Published: 11 August 2013

MINING & RETAIL

Marange Resources sues Core Mining

MARANGE Resources has obtained permission from the High Court to proceed with its US$2 billion lawsuit against Core Mining Resources and Minerals for financial prejudice after the latter allegedly mis...

By Staff reporter | Published: 10 August 2013

JOBS

Delta Beverages: Management Accountant Vacancy

MANAGEMENT ACCOUNTANT - BELMONT PLANT (D)Applications are invited from suitably qualified persons for the above post that has arisen in the Finance Department in Bulawayo.THE JOBReporting to the Fina...

By Delta Beverages | Published: 10 August 2013

TELECOMS & TECHNOLOGY

Econet - Telecel connection reactivated

THE standoff between Zimbabwe's largest mobile phone operators has finally come to an end.Calls can now be made between the two networks after Postal and Telecommunications Regulatory Authority of Zim...

By Business reporter | Published: 09 August 2013

ZSE TODAY

Industrials slides again to end worst week in the year

There were only 15 counters to trade on the ZSE on Friday as the Industrials suffered another sharp fall on losses in heavyweights Delta, Econet, Innscor and OK Zimbabwe wrapping up the worst week of ...

By Business reporter | Published: 09 August 2013

OPINION

Zimbabwe risks becoming mere trading outpost

THE recent announcement by Reckitt Benckiser, that they are closing their Harare plant signifies a continuation of the rapid de-industrialisation that threatens to render Zimbabwe a mere trading outp...

By Kevin Msipha | Published: 09 August 2013

TELECOMS & TECHNOLOGY

Valley Technologies put under provisional liquidation

Struggling telecoms company Valley Technologies has been put under provisional liquidation following a High Court application by one of its creditors, DHL International Zimbabwe. According to the appl...

By Business reporter | Published: 09 August 2013

BUSINESS NEWS

Gono opposing unstructured indigenisation of foreign banks

RBZ governor Gideon Gono is standing firm in opposing unstructured indigenisation of foreign banks, saying he will not allow the process to be done "recklessly". Speaking on the sidelines of a press c...

By Business reporter | Published: 09 August 2013

TELECOMS & TECHNOLOGY

Econet, Telecel disconnection continues

THE standoff between Zimbabwe's largest mobile phone operators has continued a few days after the country's telecoms regulator renewed Telecel's licence after the mobile phone operator submitted a pl...

By Business reporter | Published: 09 August 2013

BUSINESS NEWS

Zimbabwean cloud-based phone app launched

Zimbabweans living in the Diaspora will now be able to call back home at much cheaper rates following the launch of the first Zimbabwean cloud-based phone company to successfully deliver mobile consum...

By Business reporter | Published: 09 August 2013

EUROPE

ECB cuts eurozone growth forecasts

FRANKFURT - Professional forecasters surveyed by the European Central Bank have again cut their eurozone growth forecasts for this year and next year, the ECB said yesterday. According to the ECB's q...

By Business reporter | Published: 09 August 2013

OPINION

Time to build and buy Zimbabwe

Buy Zimbabwe commends Zimbabweans for turning up in their numbers and for voting peacefully in the just ended harmonised elections.While we await details on the new Cabinet, expectations seem pretty o...

By Vandudzai Zirebwa Buy Zimbabwe | Published: 09 August 2013

FINANCIAL SERVICES

CBZ profits declines by 13%

CBZ Holdings after tax profits for the half year to June 30 2013 declined by 13 percent to $16 million weighed down by a two-fold increase in the charge for impairment and interest expense. The char...

By Business Reporter | Published: 09 August 2013

BUSINESS NEWS

MMCZ warns on bogus diamond agents

THE Minerals Marketing Corporation of Zimbabwe (MMCZ) has warned diamond customers and stakeholders to be wary of bogus agents masquerading as the corporation's diamond trade middlemen. MMCZ said it w...

By Business Reporter | Published: 09 August 2013

BUSINESS NEWS

Industry pins hope on new government

The Confederation of Zimbabwe Industries (CZI) is pinning its hope for economic revival on the incoming government's ability to restore confidence in the country's financial markets. In an interview, ...

By Business reporter | Published: 09 August 2013

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