BUSINESS NEWS

Zimbabwe's FDI inflows stagnate at $400m

Foreign investors have failed to react to Zimbabwe's foreign investment attraction policies as the country's foreign direct investment figures last year stagnated at $400 million, the United Nations C...

By Staff reporter | Published: 25 June 2014

BUSINESS NEWS

Zim to get 5,8m euro for regional integration

Zimbabwe is set to receive 5,8 million euro from the European Union through the Common Market for East and Southern Africa as part of efforts to enhance the country's regional economic integration, an...

By Staff reporter | Published: 25 June 2014

BUSINESS NEWS

Stage set for ZNCC annual congress

ALL is set for the Zimbabwe National Chamber of Commerce annual congress where discussions on the Zimbabwe Agenda for Sustainable Socio-Economic Transformation (Zim-Asset) are expected to take centre ...

By Oliver Kazunga | Published: 25 June 2014

BUSINESS NEWS

Zimbabwe, Zambia fight over fishing rights

While Zimbabwe and Zambia squabble over fishing rights in the world's biggest dam, an invasion of Australian crayfish and Nile tilapia is threatening to wreak havoc with Lake Kariba's indigenous speci...

By Bloomberg. | Published: 25 June 2014

OPINION

How to deliver better service

Delivering serviceWe all like good service - but it is often hard for an organisation to get to grips with the requirements for defining a service as 'good'.Anyone can sell an idea once, but the key t...

By Regenesys | Published: 24 June 2014

BUSINESS NEWS

'IMF report consistent with reality'

Economic observers say the IMF report on Zimbabwe released yesterday is consistent with what is transpiring on the ground.The IMF report highlighted several issues that are causing an economic slowdow...

By Staff reporter | Published: 24 June 2014

BUSINESS NEWS

'Zim economy in precarious position,' says IMF

ZIMBABWE'S "main near-term risks" relate to further fiscal under-performance and uncertainty in the external environment that could see lower commodity prices, particularly for key mineral exports, th...

By Staff reporter | Published: 24 June 2014

BUSINESS NEWS

Pay increase dents Govt financials

Government returned to deficit in April after an under-performing revenue line and an increase in employment costs. Latest figures from the Accountant-General's Office show that Government reported a ...

By Staff reporter | Published: 24 June 2014

OPINION

Buy local, save jobs

The latest figures from Zimstats indicate that the period  January to May 2014, Zimbabwe's trade deficit increased to $1,4 billion up from close to $400 million the first quarter of the year.&nbs...

By Vandudzai Zirebwa Buy Zimbabwe | Published: 24 June 2014

BUSINESS NEWS

Call for policies that attract FDI

ZIMBABWE's economy has never had significant Foreign Direct Investment inflows even during both the "successful" years  and the colonial era, industry captains  said.As such there has been a...

By Staff reporter | Published: 24 June 2014

BUSINESS NEWS

Zim companies told to reform or die

Finance and Economic Development Minister Patrick Chinamasa says poor corporate disclosures and failure by companies to embrace international best practices has made the Zimbabwe Stock Exchange (ZSE) ...

By Nelson Gahadza | Published: 16 June 2014

OPINION

The public sector entrepreneur - a new type of leadership

When you put public sector and entrepreneur in the same sentence it is tempting to think of tenderpreneurs or corrupt officials who run businesses on the side. This article highlights the emerging ide...

By Regenesys | Published: 14 June 2014

BUSINESS NEWS

Govt engages experts on economic zones

Government is consulting international experts in its quest to successfully implement special economic zones and come up with models that fit the country's current economic situation.Industry and Comm...

By Tinashe Makichi | Published: 14 June 2014

BUSINESS NEWS

'Zimbabwe's $300m debt hindering loan release'

Zimbabwe's $300 million debt to the European Investment Bank is hindering the release of new loans to the country's private sector, a senior EIB official has said. EIB head of division for Southern Af...

By Staff reporter | Published: 14 June 2014

BUSINESS NEWS

Govt targets pension funds to finance housing projects

GOVERNMENT is targeting pension funds to help finance housing projects as it seeks to reduce the housing backlog, it has been leant. Information obtained by this newspaper indicates that Finance Minis...

By Staff reporter | Published: 14 June 2014

BUSINESS NEWS

IPEC reviews capital requirements

The Insurance and Pensions Commission has reviewed assets that insurance companies can use for the purposes of calculating capital. This follows findings by the commission that some insurers had been ...

By Walter Muchinguri | Published: 14 June 2014

BUSINESS NEWS

Zimbabwe's Sadc exports rise by 113%

ZIMBABWE'S exports to the Southern African Development Community region rose by 113 percent from 2009 to 2013, according to the Zimbabwe National Statistics Agency.Exports reached about $3,2 billion l...

By Martin Kadzere | Published: 14 June 2014

BUSINESS NEWS

LAPF owed over $100m

The Local Authorities Pension Fund is owed in excess of $100 million by local authorities across the country, which has seen it failing to make pension payments during the past 10 months.LAPF chief ex...

By Walter Muchinguri | Published: 14 June 2014

BUSINESS NEWS

SA investor targets Zim's FMCG sector

South African entrepreneur, Andrew Robinson backed by a group of private equity funds, could invest a staggering $100 million on prime assets available at a discount in the country.Mr Robinson is expe...

By Business Reporter | Published: 14 June 2014

OPINION

Zim has all elements of a healthy economy

Zimbabwe is never far from the headlines of South African newspapers. This is understandable. We have close ties to our northern neighbour and SA has provided a home to fleeing Zimbabweans, both white...

By Andrew Robinson I BDLive | Published: 06 June 2014

POLITICS

Zim may introduce empowerment levy on foreign companies

Zimbabwe may introduce a levy on foreign and white-owned companies to pay for the training of unemployed black Zimbabweans, Indigenisation Minister Francis Nhema said.The southern African nation has s...

By Bloomberg | Published: 06 June 2014

OPINION

Mentoring yourself for entrepreneurial success

When people look for mentors they often overlook the power of giving oneself good advice and following it. A mentor is valuable because he or she will encourage you to do your best and stay on course,...

By Regenesys | Published: 06 June 2014

BUSINESS NEWS

ZNCC in joint venture

THE Zimbabwe National of Chamber Commerce (ZNCC) has partnered with a Bulawayo-based organisation, Lead-Us-Today (LUT) in a development likely to boost membership base.LUT is a non-profit organisation...

By Staff reporter | Published: 04 June 2014

BUSINESS NEWS

Mthuli Ncube eyes AfDB presidency

African Development Bank chief economist and vice-president, Professor Mthuli Ncube and founder of Barbican Holdings, is making a bid for the presidency of the continental financial institution. If he...

By Business Reporter | Published: 04 June 2014

BUSINESS NEWS

'Freeze power tariff hike,' says CZI

The Confederation of Zimbabwe Industries, an industrial lobby group, has implored authorities to freeze power tariff hikes, warning that increasing the cost of power would further erode competitivenes...

By Staff reporter | Published: 04 June 2014

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