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Martin Kadzere Harare Bureau SCHWEPPES Zimbabwe has acquired 100 percent stake of Beitbridge Juicing Co in a vertical integration move that will see the beverage company strengthening its supply chain by taking control of a key raw material in the form of orange juice concentrate.
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Analysts say clarity on the review of the country’s indigenisation policy will help improve the country’s economic performance in the second half of the year.
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Harare Bureau The Ministry of Mines and Mining Development will host the second Zimbabwe Diamond Conference later this year with Minister Walter Chidhakwa expected to officiate at the event.
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Charity Ruzvidzo Business Reporter THE Gweru City Council is set to introduce a new parking management system which is expected to be more efficient. The new parking management system would have display terminals and thermal printers and accessories.
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Tinashe Makichi Business Reporter Local metal packaging company, Carnaud Metalbox Pvt is working towards developing its plastic packaging division as part of its long term plan to reinforce its position in the packaging industry, managing director John Van Gend said.
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Hunting companies in Zimbabwe and Tanzania have been left to count their losses as a court case brought in the United States against recent new regulations, banning the import of game trophies from the two countries by the Obama administration, failed to overturn the ban.
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Sikhumbuzo Moyo recently in Hwange A PORTUGUESE mining and construction company, Mota-Engil, has clinched a $260 million deal with struggling mining giant, Hwange Colliery Company, which will see the company taking over all the mining operations at HCCL for the next five years.
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Martin Kadzere Harare Bureau ZIMBABWE’S exports to the Southern African Development Community region rose by 113 percent from 2009 to 2013, according to the Zimbabwe National Statistics Agency.
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Harare Bureau South African entrepreneur, Andrew Robinson backed by a group of private equity funds, could invest a staggering $100 million on prime assets available at a discount in the country.
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Marvelous Moyo Gwanda Correspondent WOMEN have been called on to start up self-help projects that are in line with the Zimbabwe Agenda for Sustainable Socio-Economic Transformation (Zim-Asset). Speaking at a sack potato production farming field school in Vokola area in Insiza South constituency on Friday, Zanu-PF Matabeleland South Provincial Women’s
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Patrick Chitumba Senior Reporter VICE-President Joice Mujuru has expressed optimism that the 9th Routes Africa 2014 Conference to be held in the resort town of Victoria Falls later this month will come up with resolutions that can increase tourist arrivals in the country.
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Tinashe Makichi Harare Bureau OK Zimbabwe will invest $6 million in refurbishing six stores across the country this year, a senior official has said. The group will also spend an additional $2 million on the establishment of bakeries within its stores.
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Happiness Zengeni recently in Vumba Industry and Commerce Minister Mike Bimha has called for the strengthening of the Companies Act and the Insolvency Act to make them more efficient to deal with the current economic challenges.
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Mernat Mafirakurewa Business Editor— THE Reserve Bank of Zimbabwe has cancelled the banking licence of Capital Bank after the latter voluntarily surrendered it. This follows unwillingness on the part of the bank’s majority shareholder, National Social Security Authority (NSSA), to inject fresh capital into the
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