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JOHANNESBURG. – Some foreign-owned private companies operating in Zimbabwe have dispelled the notion that doing business in the country was not conducive for such companies owing to the indigenisation law.
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Godfrey Gavure Business Reporter The Zimbabwe Association of Funeral Assurers (ZAFA) and its affiliate, Funeral Services Association (FuSA), will be hosting a funeral assurance and services conference in Gweru from July 26-28.
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Cyberoam, a Sophos company securing organisations with product offering network gateway, and Integrated Digital Security Solutions (IDSS) have come up with a unique blend of network security, productivity, connectivity and visibility solutions for the enterprise market in Zimbabwe.
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Zach Aldwin Milkshake in the Boardroom Think back to an English lesson in Grade 2. Imagine that moment when the teacher says it is time for creative writing. The topic of the week is “What I did this weekend”. It did not matter how boring the weekend may have been you had something to write about as […]
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The Deposit Protection Corporation (DPC) could face serious challenges in carrying out its mandate as it only had $7,2 million in its coffers as at December 2014.
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The Rural Electrification Agency (REA) says it only managed to generate 62 percent of its expected revenue inflows during the first half of the year. REA executive director for operations Mr Blessing Machamaire said that 92 percent of the funds that the agency used to fund its programmes came from the
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Business Reporter The Ministry of Finance has made strides in clearing its arrears with the Premier Service Medical Aid Society (PSMAS) which could restore the medical aid society to normal operations.
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Business Reporter THE cost of transacting on the Zimbabwe Stock Exchange eased marginally, 0,052 percent, following the full dematerialisation of all the listed stocks, which was completed last week.
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Munesu Nyakudya Business Reporter Tobacco Industry and Marketing Board (TIMB) seasonal sales are down 15 percent from the same period last year. Latest data shows that 178,9 killogrammes of tobacco have been delivered from 196,6 million over the same period last year at an average price of
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JOHHANESBURG. – MTN Group Ltd says Ahmad Farroukh, the chief executive officer of the wireless carrier’s South African unit, has resigned amid strikes and declining sales in the company’s second-biggest market.
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Business Reporter Econet Wireless Zimbabwe is seeking a 15 percent price cut from both international and local suppliers as part of the group’s cost cutting measures. The group in a statement said a task force, led by the head of Econet Wireless Global, Tracy Mpofu, who is based in South Africa, is working in
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Sanderson Abel Correspondent Banks aim to facilitate the effective use of funds ranging from individuals, farmers or the diverse small to medium enterprises The financial system is expected to act as an intermediary for all resources in the economy. The sources of funds are provided by savings in both the
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CAPE TOWN – African pension fund capital has reached $340 billion and is growing rapidly. In addition, increasing adoption of insurance around the continent is causing insurance company investment portfolios to grow, and they are now estimated to be around $270 billion. These figures come from
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The Confederation of Zimbabwe Industries (CZI) says it has developed a quarterly business confidence index (QBCI) to enhance its engagement with stakeholders.
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Business Reporter THE Zimbabwe Food Conference and Expo has been moved to tomorrow due to the need to give some Government ministers who were moved in the recent Cabinet reshuffle to ac- climatise.