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Business Reporter LEADING bakery, Bakers Inn is targeting to reach full production level by year-end as the company is set to benefit from its product re-branding and lower bread price.
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A recent report by MarketsandMarkets has affirmed that the mobile money market in Africa will grow to $14,27 billion in the next five years. MarketsandMarkets’ report, Africa Mobile Money Market by Transaction mode – Forecast to 2020, said that the mobile money market in the
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Business Reporter The Reserve Bank of Zimbabwe hopes to reduce the non-performing loans ratio in the banking sector to 5 percent from the prevailing 14 percent once implementation of the Credit Reference Bureau, has commenced, RBZ bank supervision director, Norman Mataruka has said.
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The World Bank has revised downwards Zimbabwe’s economic growth for this year but improvement is expected in 2016 going forward in line with the Sub-Saharan Africa growth trend.
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Business Reporters THE decline in prices in the economy reflects general correction of high prices that prevailed during hyperinflationary era, technically known as disinflation and it is not entrenched economic crisis of deflation, economic experts have said.
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The Agricultural and Rural Development Authority (ARDA) has secured a partner to revive its tomato pastry operations in the country, chairman Mr Basil Nyabadza has said.
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Government-owned telecommunications firm Zarnet is negotiating with Telecel Zimbabwe shareholders for a possible takeover of the mobile phone company, Parliament heard yesterday.
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Martin Kadzere Senior Business Reporter ZIMGLASS Holdings has put on hold plans to liquidate the company in order to consult creditors on the proposed move, judicial manager Mr Winseley Militala said yesterday.
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Tendai Sahond Business Correspondent Zimbabwe could replicate the success of contract farming by engaging in contract manufacturing in the food sector, Reserve Bank of Zimbabwe (RBZ) economic research director Mr Simon Nyarota has said.
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Shelter Chieza Change Management Have you ever been to a coffee shop where there was a customer who seems to be chatting up the waiters? At every second, one waiter is weaving past and offering to make them more comfortable, fill up their cup with whipped cream or asking if their coffee is still hot enough or […]
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TelOne has successfully undergone a revolution that has seen it transform into a broadband company. Despite being the first company to deploy fibre it has been modest in its approach. With a fibre footprint of close to 3000km, TelOne surely qualifies to call itself a modern fibre company which with all
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The Zimbabwe National Chamber of Commerce (ZNCC) plans to lobby Western countries to remove sanctions that they imposed on the country over a decade ago as retribution for implementing land reforms to correct a colonial legacy.
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Nyangani Renewable Energy (NRE), an independent power producer (IPP), says it has started construction of its $7 million, 2,72-megawatt mini hydro plant in Manicaland which is expected to be complete by January 2016.
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Dr Gift Mugano Correspondent Zimbabwe is accelerating the implementation of the Zimbabwe Agenda for Sustainable Socio-Economic Transformation (Zim-Asset). One of the pillars of Zim-Asset is the Food and Nutrition Cluster which inter- alia seeks to restore the country’s breadbasket case for the region.
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Kudzai M. Mubaiwa The Business Hub The success of incubation programmes can be attributed to two aspects — the quality of the clients and the value added by the programme. Hub managers thus need to be rigorous in their selection and thereafter ensure the best structure and resourcing of the programme. We will explore this in