Friday, April 20, 2018
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...
Arts Correspondent There is growing increase for the need to support art, not only for the benefit of arts institutions, but for the growth and promotion of local talent and preservation of culture and heritage. Art institutions play a major role in the society as they try by all means to...
Business Writer One of the top five most successful companies in the world, Google opened up payments on the Google Play Store beyond credit cards to mobile money transfers — namely, Kenya’s M-PESA. M-PESA is a mobile phone-based money transfer, financing and microfinancing service, launched in 2007 by Vodafone for Safaricom...
Tinashe Makichi Well known for his antics in performing miracles through his clergyman works and recently football, Prophetic Healing and Deliverance founder Walter Magaya has other areas where he is fast proving to be a force to reckon with. Magaya is targeting to become one of the biggest exporters in the...
Golden Sibanda Half of the land allocated to Harare businessman Kenneth Sharpe’s company, West Property Group, for development of a $100 million emporium in the leafy suburb of Borrowdale is not suitable for property development because the area is a wetland. The local private company partnered Harare City Council for the...