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Recently delisted Astra Industries is currently trailing behind ‘aggressive forecasts’ but slightly better than the comparable year ago period.
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Sanderson Abel The availability of credit is important in every economy since households and firms may not be in a position to generate enough resources on their own. Financial institutions, especially banks play a pivotal role in the granting of credit to the various sectors of the economy.
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Business Reporter GOVERNMENT is hosting a two-day multi-stakeholder national dialogue on the Post-2015 Development Agenda and the Sustainable Development Goals aimed at building national consensus on the new development concept.
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Business Reporter STATE-owned Zimbabwe Mining Development Corporation is likely to kick-start a series of mine disposals with the sale of Kamativi Tin Mines to a prospective Chinese investor.
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Golden Sibanda Senior Business Reporter BUDGET airline, fastjet Zimbabwe, will herald its entry into the domestic aviation market through flights on the two most lucrative routes, Victoria Falls and Bulawayo from Harare.
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Business Reporter Mimosa Mining’s corporate affairs executive Ms Elizabeth Nerwande has broken new ground, having been elected as the first woman to the post of second vice president of the Chamber of Mines.
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Zimbabwe’s trade deficit with key trading partners continues to grow after the country’s exports for April declined to $185,9 million from $188,7 million recorded in the prior month, latest Zimstat data has shown.
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Newly-licensed independent power producer Co-Ash Resources has started work on its 1 000-megawatt power plant in Hwange, Matabeleland South Province by embarking on an Environmental Impact Assessment programme.
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Tinashe Makichi Business Reporter Mashonaland Holdings has successfully completed the construction of its $5 million office park in Belgravia and has managed to increase its land bank to 100 hectares of prime land.
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Golden Sibanda Senior Business Reporter MOBILE network operator, Econet Wireless Zimbabwe, says it has remitted $1 billion to the fiscus in taxes, fees and other levies since the dollarisation of the economy in 2009.
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Business Reporter RIOZIM will now proceed with its delayed $10 million rights offer meant to raise funds for a key project, as certain conditions that are yet to be fulfilled do not require prior approval.
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Tinashe Makichi Business Reporter OK Zimbabwe will spend about $5 million on expansion in the current financial year as the company plans to strategically position itself to fight off growing competition within the retail sector.
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Jeffrey Gogo Climate Change ONE year since the African Union Commission chairperson Dr Nkosazana Dlamini-Zuma called to the spirit of legendary pan-Africanist Dr Nkwame Nkrumah, what has changed, as far as building women’s resilience against climate change is concerned?
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Business Editor Government is working with the Royal Norwegian Embassy and the World Bank to develop a new Mining Fiscal Regime network which will create an efficient transparent and productive tax system.
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Gerald Gondo The new Pension and Provident Fund Act that is currently in draft form is set to re-shape the Zimbabwean pensions industry. Indications are that the Act will be adopted within the next two years and has already received in-depth response and constructive