BUSINESS NEWS

Zimbabwe govt misses privatisation deadlines

The government has failed to meet its targets to revive state-owned enterprises (SOEs) that were outlined under its much-touted economic blueprint amid concerns about policy inconsistencies.Finance mi...

By Staff reporter | Published: 06 October 2019

BUSINESS NEWS

POSB edges closer to privatisation

THE People's Own Savings Bank (POSB)'s chairperson Mathilda Dzumbunu says the bank's partial privatisation has moved an inch closer amid revelations that a transaction advisory services consultant was...

By Staff reporter | Published: 01 October 2019

BUSINESS NEWS

Privatisation to yield $350m

THE Government is expected to reap proceeds of up to $350 million in 2019 from the privatisation of key State-owned enterprises (SOEs) and parastatals, the Minister of Finance and Economic Development...

By Staff reporter | Published: 23 November 2018

BUSINESS NEWS

SEP privatisation to spur market growth

Government's move to privatise and restructure Zimbabwe's state enterprises and parastatals (SEPs) will have a significant impact on the growth of the local capital markets, according to analysts at A...

By Staff reporter | Published: 15 July 2018

OPINION

Key challenges to Zim's privatisation

State Enterprises and Parastatals (SEPs) total debt has breached the $3 billion mark yet privatisation reforms progress are at a snail pace.Privatisation has dominated Zimbabwe's economic turnaround s...

By Victor Bhoroma | Published: 03 July 2018

MINING & RETAIL

Workers contest quarry privatisation

Harare City Council workers are still fighting against the privatisation of Crusher Station, an entity of the local authority that produces crushed stone and asphalt concrete for road construction and...

By Staff reporter | Published: 16 April 2018

BUSINESS NEWS

Zimbabwe parastatals face privatisation

PRESIDENT Emmerson Mnangagwa will privatise most of the 114 loss-making parastatals which have bled the fiscus amid plans to ease pressure on the Treasury as well as introduce reforms that will result...

By Staff reporter | Published: 02 December 2017

ZIMBABWE

Stockbrokers in bid to stop privatisation of the Zimbabwe Stock Exchange

STOCKBROKERS are fighting a losing battle in their bid to stop the privatisation of the Zimbabwe Stock Exchange, Securities Commission of Zimbabwe chief executive Mr Tafadzwa Chinamo has said.Addres...

By Business Reporter | Published: 10 June 2013
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