Sunday, December 16, 2018
Tawanda Musarurwa Zimbabwe has assented to the African Continental Free Trade Area (AfCFTA), but full implementation of the agenda could see the country taking a significant hit in terms of trade, revenue and capital gains losses. This is due to the fact that Zimbabwe has some of the highest tariffs in...
Artists are passionate about the works they produce. They execute their practice on the basis of talent to maintain their livelihoods. The question then becomes, how they can best use this talent to make a living? They should be able to use their talent to build a profession that will...
Hebert Zharare The Zimbabwe International Trade Fair (ZITF) Company plans to construct a five-star hotel and a giant 800-seater convention centre in Bulawayo at a cost of $50 million after realising an untapped accommodation market in the city. The city has only two conversional hotels under Rainbow and Africasun and during...
Kudzanai Sharara High interest rates and low employment levels had a negative impact on potential mortgage borrowers in 2017 resulting in a slight increase in mortgage advances, the Zimbabwe Association for Housing Finance has said. Responding to enquiries from Business Weekly, ZAHF said the mortgage lending environment in the year was...
Jeffrey Gogo A 24-year-old Seke woman has impersonated Styx24.com chief executive Tatenda Mabungu, and allegedly cheated a number of people looking to buy into crypto-currencies of a few thousands of dollars, the Business Weekly can reveal. Police spokesman chief superintendent Paul Nyathi said they had not received reports Erica Chikomo had...
Kudzanai Sharara Zesa’s power monopoly is coming under serious challenge as firms offering consumers alternative power sources continue to grow. For years, the Zimbabwe Electricity Supply Authority (ZESA) has been the country’s sole supplier of electricity to individuals and companies. With very limited options, power consumers had to contend with load shedding...
Budget increased by 1000 percent...Govt to prioritise feasibility studies Business Writer Zimbabwe’s infrastructure spending will expand by 980 percent this year — from $157 million last year — to $1,7 billion as Government targets key projects to help economic revival, Finance and Economic Planning Minister Patrick Chinamasa has said. Zimbabwe has an...
Kudzai M. Mubaiwa Finding a balance between maintaining high customer satisfaction and maximising profits is the desire of every small business owner. Once the business gets this aspect right, it will be assured of longevity in any market. Most new business owners struggle with determining the pricing of goods and...
Tawanda Musarurwa Intratrek Zimbabwe may have violated the Companies Act (24:03) when it appointed Wicknell Chivayo as its managing director. The company, according to its website is headquartered in South Africa and was founded in 1994. But it’s the company’s registration of the Zimbabwean subsidiary with Chivayo as its managing director that...
Bulawayo companies, just like any other companies across the country, have been operating in an environment characterised by high interest rates, foreign currency shortages, unemployment and generally high uncertainty. Business Weekly’s Hebert Zharare (HZ), this week caught up with the Confederation of Zimbabwe Industries (CZI) Matabeleland president Joseph Gunda...