Wednesday, May 23, 2018
Chipo Sabeta Zimbabwe Stock Exchange listed property firm, Dawn Properties, is today expected to launch newly renovated Blue Swallow Lodges in Troutbeck, Nyanga. Located amongst the tranquil and serene evergreen mountains of Nyanga, the Edwardian timeshare resort offers 24 spacious and comfortable lodges with three of them having gone through a...
Kudzanai Sharara For Nyasha Munodawafa going into business was not by choice, his first love was to work on transforming companies probably those struggling or looking for a turnaround strategy. But after graduating from the University of Kwazulu Natal, opportunities that supported a career path in advisory or business management didn’t...
Taurai Mangudhla President Emmerson Mnangagwa’s pro-economic thrust and drive to attract foreign and domestic capital under the new political dispensation could be hampered by the negative attitude of business, particularly failure to uphold good corporate governance practices. There are fears that corporate malpractices, including brazen corruption, outright theft of shareholder funds...
Kudzanai Sharara Crocodilian skins and meat producer Padenga Holdings Limited has shelved plans to venture into agriculture after the board led by Alexander Calder asked the executive to do more investigations. This comes after chief executive officer Gary Sharp had told Business Weekly, on the sidelines of the company’s annual general...
Business Writer Financial Securities Exchange Limited (FINSEC) says the mobile trading platform is now ready for use on its exchange and the main bourse — the Zimbabwe Stock Exchange (ZSE), making Zimbabwe the first to implement mobile trading of securities in Southern Africa. The platform will enable investors, both local and...
Tawanda Musarurwa South African chrome and platinum group metal (PGM) producer Tharisa Plc says it acquired a 90 percent equity stake in Salene Chrome Zimbabwe Limited for $90. Salene has a 9 500 hectare claim in the mineral rich Great Dyke area of Zimbabwe. Tharisa CEO Phoevos Pouroulis gave the finer details...
Chris Chenga The Zimbabwean economy is not unique. The solutions needed to enable its growth do not require any innovative approach in economic management. While innovation creates solutions and outcomes that are hardly found elsewhere, innovation can also be a mistaken necessity when a country misleads itself into believing that...
Chipo Sabeta The cloth menstrual pads, also called reusable pads are making their way back! At a time Zimbabwe is facing economic challenges, reusable pads, displaced by disposable pads seem to be raising their brows high again. The general perception is on the increase in women advocating, embracing and choosing sustainable, reusable...
Tawanda Musarurwa HARARE – Zimbabwe’s life assurance companies’ profitability dipped 56 percent in 2017 to 55, 9 million from $127, 33 million in the prior year, latest regulator figures show. According to the Insurance and Pension Commission (IPEC)’s Life Report for 2017, the sector’s profitability was affected by an increase in...
HARARE - Zimbabwe's annual inflation gained three percentage points to 2, 71 percent in April, the country’s statistical agency said on Tuesday. The increase reflects a general upward trend in prices of some goods  although most have remained stable in the past few months. Positive movements in the inflation basket were registered...