POLITICS

Mugabe meets Kuwaiti oil baron

President Robert Mugabe, who is attending the Africa-Arab summit in Kuwait, on Tuesday met Independent Petroleum Group (IPG) chairman Mr Khalaf Ahmad Ali Al-Khalaf for talks, the New Ziana reported.IP...

By Staff reporter | Published: 20 November 2013

OPINION

Zim-fund inadequate to meet infrastructure gap

According to the African Development Bank, ZimFund, resources are limited to meet the infrastructure needs of the economy.A study by the bank estimates Zimbabwe's infrastructure gap at a daunting $14 ...

By Staff reporter | Published: 19 November 2013

BUSINESS NEWS

'Zim not ready for urban tollgates'

Munesuishe Munodawafa, permanent secretary for Transport and Infrastructural Development, said yesterday government was not yet ready to introduce urban tollgates as more consultations were needed on ...

By Staff reporter | Published: 19 November 2013

POLITICS

Mugabe considers Brics loans

President Robert Mugabe is considering raising finance through measures ranging from establishing a sovereign wealth fund to borrowing money from the so-called Brics nations to revive Zimbabwe's econo...

By Bloomberg | Published: 19 November 2013

OPINION

Getting Agriculture right as a matter of urgency

I sincerely hope that our minister of agriculture Dr. Made, is having sleepless nights.Zimbabwe needs about 1.8 million tonnes of maize a year to ensure that the nation has adequate food supplies. In ...

By Vince Musewe | Published: 19 November 2013

BUSINESS NEWS

Zim ethanol plant second largest project in Africa

ZIMBABWE'S largest ethanol blending project has been nominated as one of the top five mega infrastructure projects in Africa, the company has said.Green Fuel said in a statement yesterday its team has...

By Business Reporter | Published: 19 November 2013

BUSINESS NEWS

ZIA approves over $500m projects

THE Zimbabwe Investment Authority (ZIA) has approved investment projects worth $570,5 million for the nine-month period to October this year mainly driven by investments in the mining sector.According...

By Staff reporter | Published: 19 November 2013

BUSINESS NEWS

DHL, Engen strike deal

DHL Express, the world's leading international express services provider and Engen, Africa's leading multinational fuel retailer, have signed a retail partnership which will enable consumers to send d...

By Staff reporter | Published: 19 November 2013

POLITICS

Cabinet approves Sovereign Wealth Fund Bill

Cabinet has approved the Sovereign Wealth Fund Bill, paving way for the establishment of the fund to be anchored by the country's abundant mineral resources.Zimbabwe has said it wanted to create a Sov...

By Staff reporter | Published: 18 November 2013

BUSINESS NEWS

Zimra introduces hi-tech equipment

The Zimbabwe Revenue Authority introduced modern technology in its operations to reduce corruption and smuggling of goods through the country's borders, a senior official has said.It is understood tha...

By Staff reporter | Published: 18 November 2013

BUSINESS NEWS

More FDIs key to Zim Asset success

ZIMBABWE'S foreign direct investment (FDI) inflows should double within the next five years in order to achieve the 7,3% annual economic growth rate projected in the new economic blueprint, Universit...

By Staff reporter | Published: 18 November 2013

POLITICS

Zimbabwe set to block cheap imports

Zimbabwe which has been flooded by cheap imports is now taking measures to block these.Minister of Industry, Mike Bimha said the government will soon inspect all imports entering Zimbabwe looking at q...

By Staff reporter | Published: 18 November 2013

BUSINESS NEWS

Munyeza acquires Mugg & Bean franchise

African Sun's CEO Dr Shingi Munyeza has acquired the franchise for South African food outlet, Mugg & Bean for the Zimbabwean market.Munyeza said he acquired the franchise for the specialised coff...

By Staff reporter | Published: 18 November 2013

BUSINESS NEWS

Makina re-elected IIZ president

Moonlight Funeral Assurance group chief executive Mr Chomi Makina has been re-elected president of the Insurance Institute of Zimbabwe.Mr Makina's re-election was confirmed during the just ended IIZ a...

By Staff reporter | Published: 18 November 2013

BUSINESS NEWS

Govt to overhaul tariff regime

Government is committed to reviving the local industry by embarking on a complete overhaul of the current tariff regime which has made it difficult for local manufacturers to produce competitive produ...

By Staff reporter | Published: 18 November 2013

BUSINESS NEWS

Turnall judged best governed company on ZSE

Turnall Holdings won the trophy for the Best Governed Company on the Zimbabwe Stock Exchange in the inaugural Excellence in Corporate Governance Awards. British American Tobacco came second. Econet Wi...

By Consultants | Published: 15 November 2013

OPINION

Zimbabwe investment climate presentation

This serves to highlight an opportunity for investors seeking yield that presents itself in Zimbabwe. A most important consideration with regards Zimbabwean debt is that the country is fully dollari...

By Grant Flanagan, managing director, Amigo Partners | Published: 15 November 2013

POLITICS

Zim further softens indigenisation stance

FINANCE minister Patrick Chinamasa says government will adopt a flexible approach in the implementation of the indigenisation policy, which will see foreign investors in crucial sectors such as banki...

By Staff reporter | Published: 15 November 2013

OPINION

The social enterprise - beyond digital marketing

In this week's business newsletter we look at the idea of social enterprise and how it extends beyond merely using social media for marketing.What are the benefits of social networking?Warren Bennis i...

By Regenesys | Published: 14 November 2013

POLITICS

Zanu-PF criticizes Impala, Aquarius mine job cut

Zanu-PF criticized Impala Platinum Ltd and Aquarius Platinum Ltd's plan to cut 100 jobs at their Mimosa operation in the southern African nation because of a decline in prices."The Zimbabwean mine mus...

By Bloomberg | Published: 14 November 2013

BUSINESS NEWS

Speculation, secrecy shroud Gono's RBZ tenure

Speculation and secrecy has shrouded the fate of Reserve Bank Governor Gideon Gono's tenure amid indications that his second term, due to expire at the end of  this month, may be extended by one ...

By Staff reporter | Published: 14 November 2013

BUSINESS NEWS

CZI pushes for tax reforms

INDUSTRY and commerce has lobbied Finance minister Patrick Chinamasa to review the country's tax regime in the forthcoming national budget amid concerns of massive company closures.The Confederation o...

By Staff reporter | Published: 13 November 2013

POLITICS

Zimbabwe's 'Look East Policy' hits brick wall

THE Zanu-PF's Look East policy to revive the country's sagging economy has hit a brick-wall as Asian investors are shunning Zimbabwe perceiving it as a risky business destination, it has been learned...

By Staff reporter | Published: 12 November 2013

POLITICS

Government recalls A1 offer letters

GOVERNMENT is recalling all offer letters issued to farmers resettled under the A1 scheme and replacing them with a new document which makes it easier to account for the farmers, as efforts to audit l...

By Agriculture Reporter | Published: 11 November 2013

BUSINESS NEWS

China Exim Bank gives Zim $319.5m for Kariba expansion

GOVERNMENT and China Export and Import Bank have signed a funding loan agreement for the expansion of Kariba South hydro power expansion project.Finance and Economic Planning Minister Patrick Chinama...

By Staff reporter | Published: 11 November 2013

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