Tuesday, November 13, 2018
Taking Stock Kudzanai Sharara South Africans have been hungry for some good news emanating from Government and politicians for a long time. They have been emotionally battered, socially polarised and, in many poor communities across the country, selfishly deprived of crucial services because the money that could have paid for...
Robert Gonye The ability to operate and remain in the fight for business survival is no easy matter, especially where you have to maintain perspective in the midst of action. Great pirates are made in the midst of rain and high waters, so too are loyal customer relationships which are the...
Clive Mphambela This week, a local business paper carried yet another curious headline on one of its stories. “RBZ fails to avail Delta’s monthly $5 million forex need”, that banner screamed. The story followed a similar story in another paper a few months ago, which had a similar head: “DELTA...
Noah Pito Kariba businessman Sikelela Gumpo has launched an artificial insemination cattle breeding project aimed at improving the size and quality of communal cattle in Hurungwe and Kariba Districts. Although the project is initially set to be launched as a voluntary project, called Hurungwe/Kariba Artificial Insemination Cattle and Goats Breeders Association,...
Tawanda Musarurwa Toronto Stock Exchange-listed Caledonia Mining Corporation says it has signed a legally binding deal with Fremiro Investments to acquire its 15 percent stake in the Gwanda-based Blanket Gold Mine. This will effectively bump Caledonia’s equity stake in the Zimbabwean gold producer to 64 percent after the Government last year...
Kudzanai Sharara Faced with the prospect of competition from imported products, Bulawayo-based fast moving consumer goods manufacturer, United Refineries Ltd (URL), has turned to toll manufacturing in an effort to maintain product throughput. Government recently suspended Statutory Instrument (SI) 122 of 2017, a move it said was necessary to protect consumers,...
Noah Pito Hurungwe Rural District Council (HRDC) in Mashonaland West has proposed the introduction of Tobacco Contracting and Growing by-laws in a bid to arrest environmental degradation caused by tobacco farming in the district. The proposed regulations which come in the wake of failure by both tobacco merchants and farmers to...
Jeffrey Gogo A new woman-led peer-to-peer bitcoin (BTC) exchange was launched in Harare last week. Cryptogem Global allows Zimbabweans to buy and sell virtual currency from a decentralised platform, without the need of an intermediary such as banking institutions. Co-founder and chief executive officer Melissa Mwale said: “Cryptogem Global is a...
Kudzai Mubaiwa We live, work and do business in uncertain times. That is the nature of life, and it is magnified when you run an enterprise in Zimbabwe. For the true entrepreneur, the only option is to keep pushing through and moving forward regardless. There are a few strategies that can...
Tawanda Musarurwa With most listed companies likely to take a hit from the indefinite suspension of Statutory Instrument 122 of 2017, analysts foresee Axia Corporation Limited accruing significant benefits from the policy shift. SI-122 is a trade policy restricting the importation of various products. The Axia group operates within the speciality retail...