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Molline Gagare Business Reporter A HARARE-based company, Peach and Brown Wholesalers, is spreading its wings to Bulawayo with indications it will open its first branch in the country’s second largest city this month end. The company already has branches in major towns such as Kwekwe, Zvishavane, Mutare and Masvingo. Mashavira
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Senior Business Reporter THE Bulawayo City Council’s commercial subsidiary, Ingwebu Breweries, plans to wean off more of its liquor outlets dotted across the city and place them under private franchise. Ingwebu has been running the franchise programme since 2011 as it had to contend with operational challenges and declining
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Harare Bureau THE value of mobile money transfers rose by 80 percent to $1,4 billion in 2014 against prior year in tandem with the now widespread use of cell phones in Zimbabwe. Zimbabwe’s biggest mobile network operator, Econet Wireless, enjoyed a lion’s share of the transactions with a near monopoly of the mobile
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ZIMBABWE remains an attractive investment destination for long-term investors with a focus on sub-Saharan Africa despite its mounting economic woes, according to a local advisory firm. “Foreign investors and portfolio managers with an interest in the region tend to be long-term strategists and value
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Harare Bureau Carbon Green Investment (CGI), a United Kingdom-based company specialising in conservation and carbon credit management in Zimbabwe, has unveiled new technology that reduces the costs of curing tobacco. The rocket barn solar fan was launched last Friday for the first time in Zimbabwe during a tobacco
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The Pound Sterling weakened against the majority of its most traded peers including the South African Rand after economic data released by the London based Office for National Statistics (ONS) showed that inflation in the UK held steady at zero in March. The figure remained at the lowest level since records began
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Prosper Ndlovu Business Editor REVERSING the legacy of nearly 100 years of colonisation is no small task. As Zimbabweans look back to 1980, the year when the country attained its independence from British oppression, it would be a mistake to overlook the agonising journey the country has walked through in an effort to reverse the
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Tapuwa Mashangwa OUR concern about Genetically Modified Organisms is genuine. We cannot ignore the negative health implications they could cause. Whether they are good or bad, I do not know, but I am certain that our concerns will never cease. While the producers of GMOs will always defend their products, perhaps because of
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Lovemore Zigara Midlands Correspondent ONE of the rags to riches story told so many times is about Jim Rohn, an American entrepreneur, author and motivational speaker who wrote: “Formal education will make you a living; self education will make you a fortune”. The words seem to have inspired one of Gweru’s leading businesswomen, Veracious
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Chronicle Reporter LEADING internet service provider Africom has introduced a new promotional data package to allow subscribers to access internet downloads and streaming. The new data package, Super Data, costs between 50c per 20 megabytes to $10 per one gigabyte. The data bundles are valid for up to 48 hours
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Davies Ndumiso Sibanda Labour Matters MANY employers particularly those in the informal sector are in trouble with the law due to hiring workers informally with no written contract that can guide parties when there is a contractual dispute. With the economic hardship we’re facing many people are running small businesses at home or in town but […]
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CAPE TOWN — South African foreign investment confidence will suffer as a result of the xenophobic attacks in Durban, according to an economist. Xenophobic attacks on African immigrants have escalated over the past week in the KwaZulu-Natal city, with the country’s security cluster
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Leonard Ncube in Victoria Falls— STATE-OWNED mobile phone operator, NetOne, is gunning for $200 million revenue generation this year. The firm has roped in an investor as it moves to launch 4G technology to expand its business in a highly competitive telecommunications industry. The move could steer the pioneer mobile phone operator,
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WE know the column as “Are Investments Sexy?” and now newly branded Financial Freedom (The Real Deal). The weekly column seeks to stir strong emotional debate for a better financial well being for the individual, country and continent as we believe “So as man thinketh so s/he shall be”. We believe as
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