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ZIMBABWE

Cement output to peak

Cement production is this year's expected to reach 1999 levels when output peaked with more than 1,1 million tonnes produced, the chairman of the Cement and Concrete Institute, Gavin Stephens has said...

By Business reporter | Published: 03 July 2013

TELECOMS & TECHNOLOGY

Liquid Telecom buys French equipment supplier

LIQUID Telecom, the African wholesale fibre network and satellite connectivity supplier has picked up French telecommunications equipment supplier, Ekinops, to complete its advanced fibre optic netwo...

By Business reporter | Published: 03 July 2013

TELECOMS & TECHNOLOGY

Telecel indigenisation forges ahead

Investment group Empowerment Corporation (Private) Limited (EC) is to increase its shareholding in Telecel Zimbabwe (Telecel), as the mobile group moves to fulfil its licensing obligations, businessd...

By Staff reporter | Published: 03 July 2013

ZIMBABWE

Zimbabwe misses tobacco target

Zimbabwe  has missed the 170 million kg tobacco production target set for the industry this year as the selling season for the golden leaf comes to an end on Friday.Statistics from the Tobacco I...

By Business reporter | Published: 03 July 2013

MINING & RETAIL

Blanket mine increases productions

Caledonia Mining Corporation's Gwanda based gold mining concern, Blanket Mine has increased production for the second quarter of 2013 by more than 10 percent according to the latest production figure...

By Business reporter | Published: 03 July 2013

ZIMBABWE

Commodities exchange remains a dream

Government has failed to meet its June deadline for the operationalisation of the commodities exchange, amid calls for sincerity in the setting up of the exchange.Despite pledges by the Ministry of Fi...

By Business reporter | Published: 03 July 2013

ECONOMC INDICATORS

Retrenchment figures rise by 15%

At least 863 workers were retrenched during the first four months of this year compared to 746 laid off during the same period last year, representing a 15 per cent increase, the Retrenchment Board sa...

By Staff reporter | Published: 03 July 2013

ZSE TODAY

ZSE shares weaken further after heavyweight losses

Heavyweight counters Delta and Econet along with the broader market remained in the red with only 2 counters managing gains out of the 39 counters that traded.The Industrials Index continue to slide ...

By Business reporter | Published: 03 July 2013

ZIMBABWE

China remains Zimbabwe's top investor

China remained Zimbabwe's undisputed largest investor during the first five months this year, accounting for 74 percent of the $134 million of the foreign direct investments pouring into the southern ...

By Business reporter | Published: 03 July 2013

INDUSTRIALS & ENERGY

Varichem Pharmcare employees not happy

Varichem Pharmaceuticals, a wholly indigenised company, employees are complaining that the appointment of Alexio Muchabaiwa as the company's Managing Director has created a lot of problems affecting...

By Business reporter | Published: 03 July 2013

JOBS

Communication for Development: UNICEF

Communication for Development: UNICEFDeadline: 17 July 2013Vacancy Notice No.Zim/2013:6NOC Level (Temporary Appointment Post)Based in Harare, ZimbabweUnder the general guidance of the supervisor, resp...

By UNICEF | Published: 02 July 2013

JOBS

Project Director: Freedom House

Project Director: Freedom HouseDeadline: 26 August 2013Freedom House is a nongovernmental human rights organisation based in Washington DC, with a regional office for Southern Africa based in Johannes...

By Freedom House | Published: 02 July 2013

LIFESTYLE

Zimbabwean entrepreneurial T.V reality show audition dates set

Savannah Media Centre has licensed the format rights for popular local youth entrepreneurship reality show to Bho-Zim (Pvt) Ltd. My Own Boss 2013 will be produced by Bho-Zim (Pvt) Ltd and will be aire...

By Robert Muganda | Published: 02 July 2013

INDUSTRIALS & ENERGY

Schweppes gets the 2013-3 Employer of Choice Award

BEVERAGES manufacturer Schweppes Zimbabwe Limited has been named the winner of the 2012-2013 Employer of Choice in a competition run by the Institute of People Management and Employers Confederation ...

By Staff reporter | Published: 03 July 2013

PEOPLE MOVES

Ben Magara officially takes over at Lonmin

Former Anglo American Platinum executive head of engineering and strategy Ben Magara yesterday officially stepped into his new role as CEO at platinum producer Lonmin.The Johannesburg- and London-lis...

By Staff reporter | Published: 03 July 2013

ZIMBABWE

Rand volatility brings no joy to Zimbabweans

The volatility of the South African rand has brought no joy for Zimbabwean consumers who expected the weakening of the rand against the US dollar to contribute to the lowering of prices.There was an e...

By Business reporter | Published: 02 July 2013

TELECOMS & TECHNOLOGY

Econet takes NetOne to court over termination fees

THE country's largest mobile phone operator Econet Wireless has approached the courts once again in a bid to recover $12 million owed by State-owned mobile company Netone in interconnection fees.In p...

By Business reporter | Published: 03 July 2013

BUSINESS NEWS

Government finalises medical consultation fee

The government has finalised harmonised consultation tariffs for medical practitioners, a development that is expected to resolve the stalemate between the Zimbabwe Medical Association (ZIMA) and the ...

By Staff reporter | Published: 01 July 2013

BUSINESS NEWS

UNWTO brand ambassadors unveiled

The Minister of Tourism and Hospitality Industry, Walter Mzembi says the United Nations World Tourism Organisation (UNWTO) General Assembly to be held in Victoria Falls in August presents to Zimbabwe ...

By Staff reporter | Published: 01 July 2013

ZIMBABWE

Zimbabwe's in need of adequate power supplies

Zimbabwe's economy which is on the recovery path cannot grow productively without reliable and adequate power supplies, the Minister of Energy and Power Development, Elton Mangoma.He said this while o...

By Business reporter | Published: 01 July 2013

ZSE TODAY

ZSE shares close weaker at start of year's 2nd half

ZSE shares stayed in the red at the start of the second half of 2013 as Delta continued to trade lower while Minings gave in to losses in Bindura.The Industrials Index eased 0.21 points or 0.10% to 2...

By Business reporter | Published: 03 July 2013

BUSINESS NEWS

Government takes over RBZ debt

GOVERNMENT says it is ready to take over Reserve Bank of Zimbabwe's (RBZ) US$1,1 billion debt and has asked the International Monetary Fund (IMF) for technical assistance to strengthen the bank's acc...

By Ndamu Sandu | Published: 03 July 2013

TELECOMS & TECHNOLOGY

Powerspeed revenue rise by 12.5%

ELECTRICAL products manufacturer Powerspeed's revenue for the half year period to March 31, 2013 rose 12,5 percent to help the Zimbabwe Stock Exchange-listed group to a marginal profit.Revenue in the...

By Business reporter | Published: 03 July 2013

BUSINESS NEWS

World Bank re-engages Zimbabwe

The World Bank has re-engaged Zimbabwe over the resumption of technical and funding support after being impressed by the government's debt repayment policy.The World Bank board of executive directors ...

By Business reporter | Published: 01 July 2013

AFRICA NEWS

Zuma approval ratings hit a low

Johannesburg - South Africa President Jacob Zuma's approval levels in urban areas have stabilised close to their lowest point since the last general election, a survey revealed on Monday.Zuma's approv...

By Sapa | Published: 01 July 2013

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