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Sukulwenkosi Dube Plumtree Correspondent TEL-ONE has digitalised its operations and embraced a pre-paid system in a bid to enhance service efficiency and recover money owed by customers across the country.
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Senior Business Reporter THE Common Market for Eastern and Southern Africa (Comesa) says it will soon set up a virtual university that will work with other universities in the region to enhance research related to regional integration.
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BARCLAYS Bank Zimbabwe’s after tax profit for the full year to December doubled to $6,6 million from an improved interest income despite recording a 17 percent fall in deposits.
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Oliver Kazunga Senior Business Reporter PROMINENT Bulawayo businessman Delma Lupepe has accused the banking sector of contributing to the closure of companies through “punitive” lending rates that make it difficult for firms to pay back the loans.
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Business Reporter THE Zimbabwe Tourism Authority (ZTA) has embarked on an aggressive drive to boost tourist arrivals into the country and receipts from business.
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ADDIS ABABA – International brewers are helping transform Ethiopia’s business landscape as it slowly sells the assets of the former communist state and opens up to foreigners drawn to one of Africa’s fastest growing economies.
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SHOPRITE Holdings sold more Guinness stout at its 11 stores in Angola and Nigeria last year than at home in South Africa, where it has 10 times as many outlets.
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MOMBASA — Kenya’s tourism stakeholders said the latest travel warnings issued by Western countries for their nationals to avoid travel to the country’s coast, northern region and other parts of Nairobi will dampen efforts to revive the sector.
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IF there was a need to work 24/7, it’s now for the country to achieve meaningful economic growth. Naturally people slow down on Fridays and Mondays and this effectively means they work between Tuesday and Thursday.
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Oliver Kazunga Senior Business Reporter SHINGI Munyeza has stepped down as the chief executive officer of the hospitality group, African Sun Limited with immediate effect, to pursue other business interests in the tourism industry.
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Oliver Kazunga Senior Business Reporter PRIVATE equity investment and advisory firm, Brainworks Capital Management (BCM) is inching closer to snapping up major shareholding in hotel group, African Sun through the acquisition of all the issued ordinary shares.
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Harare Bureau THE government will convert Hwange Colliery’s debt to the State into equity under the coal miner’s proposed $88 million rights offer meant to reduce debts and recapitalisation.
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Business Reporter THE country’s dominant multi-media group, Zimpapers (1980) Limited, has successfully recapitalised its operations despite the difficult economy as it moves to consolidate solid revenue growth and operational efficiency.
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ZIMBABWE has registered a nearly five-fold increase in exports to the European Union to $153 million buoyed by diamond exports to Belgium and re-engagement efforts between the country and the bloc, latest trade figures from the International Trade Centre have
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