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Charity Ruzvidzo and Lovemore Zigara Business Reporters THE Zimbabwe National Chamber of Commerce (ZNCC) has called on the government to urgently relax some of its regulatory requirements and consider tax exemptions on ailing companies to incentivise investment and growth.
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Charity Ruzvidzo Business reporter SCORES of AfrAsia Bank depositors who have been failing to withdraw their cash are now spending nights in the queue outside the Bulawayo banking hall in order to get served first.
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Martin Kadzere Harare Bureau AGRO focused firm, Cargill has closed its local cotton business citing operational challenges. Cargill, which had more than 20,000 farmers under its cotton contract scheme countrywide, said it had significantly suffered from low cotton output, depressed margins as well as high levels of breach of contractual
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Charity Ruzvidzo Business Reporter KPMG Chartered Accountants will meet the business community in Bulawayo this Friday to discuss strategies of turning around company operations and positioning them to attract investment.
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Midlands Reporter OK Zimbabwe Limited will open a new branch in Zvishavane soon as part of the company‘s national expansion strategy. The supermarket group’s chief executive officer Willard Zireva said plans to open the Zvishavane branch were at an advanced stage.
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Charity Ruzvidzo Business Reporter CREATING synergies and developing vibrant marketing skills will take centre stage at this year’s annual small to medium enterprises’ international expo set for end of this month in Harare, a cabinet minister said yesterday.
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Oliver Kazunga in Harare AIR Zimbabwe’s more than 20 years old small aircraft fleet is “still young” in terms of usage and will continue being used until it exhausts its 75,000 pressurisation cycles, the airline’s management said yesterday.
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Charity Ruzvidzo Business Reporter BEVERAGES manufacturer Delta Corporation’s revenue has dropped five percent as of end of last month triggered by the declining production volumes in the wake of depressed economic performance.
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Senior Business Reporter THE date to conclude the takeover of Archer Clothing by Paramount Garments has been moved indefinitely after the initial deadline lapsed on Thursday, an official has said.
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Oliver Kazunga Senior Business Reporter THE country’s largest fuel dealer, Total Zimbabwe, has opened a $4,2 million refurbished depot in Bulawayo aimed at revamping business in the city in line with the modern global technology standards.
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Charity Ruzvidzo Business Reporter DEMAND for liquefied petroleum gas is on the increase countrywide as consumers seek an alternative to incessant power cuts, the Environmental Management Agency (EMA) said as it warned of risks associated with its usage.
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Charity Ruzvidzo Business Reporter TRAVEL agencies in the country still have confidence in the service offered by Air Zimbabwe, despite the ailing airline’s numerous operational constraints.
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Prosper Ndlovu in Harare A NEW transport infrastructure master plan is on the cards with government set to inject $1.3 million into the project which will guide the development of the transport network in line with the economic trends in the country, a senior official said yesterday. In his presentation during the 6th Zimbabwe Mining […]
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Charity Ruzvidzo, Business Reporter THE Zimbabwe Investment Authority (ZIA) will this month host its second investors’ awards meant to recognise and reward contributions of investors operating in different sectors of the economy. The investors’ awards were launched last year. ZIA spokesperson Nixon Kanyemba said the awards would attract market leaders from across the industry and […]
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