INCOMING Chamber of Mines of Zimbabwe president and Zimplats chief executive Mr Alex Mhembere says constant dialogue with Government is key to maximising the mining industry's contribution to national economic development.
MDC-T leader Mr Morgan Tsvangirai has vowed to reverse Zanu-PF's indigenisation and economic empowerment drive if he assumes power, saying most farmers who benefited from land reform will be brought back to urban centres to work in the industries.
HIGHER rates of royalties for gold, diamond and platinum introduced by Treasury in January last year have increased the cost of mining operations, outgoing Chamber of Mines President Winston Chitando has said.
ANNOUNCING the "shock" departure of then group chief executive officer Nyasha Makuvise last year, CBZ Holdings board chairman Luxon Zembe told analysts that while the group regretted his resignation, leadership was like a relay where one had to pass on the baton.
COMPANIES in Zimbabwe must adopt new business approaches as old models were now under threat from the liquidity constraints bedevilling the economy, a Zimbabwe Stock Exchange (ZSE) official said.
GOVERNMENT has given all businesses operating in reserved sectors of the economy under the Indigenisation and Economic Empowerment Act a six-month ultimatum to apply for indigenisation compliance certificates.
FOLLOWING on the piece I wrote last week in which I tried to explain why we should proceed with caution to secure shareholdings in the few foreign banks we have in the country, this installment seeks to draw the attention of stakeholders to the inadvertent dangers that could befall our economy at this critical juncture if we choose to throw caution to the wind.
Zimbabwean business leaders are being invited to attend the Africa-Leaders and Chief Executive Officers summit to be held in Yokohama, Japan, on May 31.
U.S., May 13 -- Zimbabwe Minister of Tourism Walter Mzembi has announced that he wants Zimbabwe to rethink its visa regime so that the country can earn from tourism. Walter Mzembi blamed colonialists for the visa regime, which he said was put in place to divide African countries.
At least 33 Zimbabwean companies yesterday received awards from a South African- based consultancy firm, PMR Africa. The awards were based on points that the companies accrued in a survey that PMR carried out which looked at the contribution of the companies to Zimbabwe's economy.
SOUTH AFRICAN-BASED products company Tiger Brands is giving back to its local customers by engaging in different community service projects in Zimbabwe.
Zimbabwe's year-on-year inflation rate for April 2013 shed 0,27 percentage points on the March 2013 rate of 2,76 percent to 2,49 percent, the Zimbabwe National Statistics Agency has said. This means that prices as measured by the all items consumer pricing index increased by an average of 2,49 percentage points between April 2012 and April 2013.
DAIRIBORD Holdings Limited says it will invest the biggest chunk of its US$10 million capital expenditure budget for this year on complete rehabilitation of its sterilised milk production plant in Chipinge.
Leading South African steel manufacturer Macsteel Holdings says it is considering re-opening its branch in Zimbabwe which closed due to viability challenges in 2011. MacSteel Holdings, along with its subsidiaries, specialises in the processing, marketing, distribution, warehousing and movement of carbon and stainless steels in South Africa and internationally.
As we go for elections, a lot is going to be said about what policies various parties are going to propagate and what policies never worked during the inclusive Government.
UNILEVER last week launched the "Omo Wash and Fly to Dubai Promotion" that will see five lucky winners getting an all-expenses paid trip to Dubai plus US$800 spending money.
FBC Holdings Limited has been duly listed on the Zimbabwe Stock Exchange. Speaking at the occasion, Group Chairman, Mr Herbert Nkala said that he was excited at the mutually beneficial business opportunities created by the new group.
The Shareholders of First Banking Corporation Limited (FBC) are advised that the negotiations referred to in our previous cautionary Notice of 30 January 2004 are still progressing.
Two of Zimbabwe’s tea producing giants Tanganda Tea Company and Southdown Holdings have embarked on a six year outgrower development programme to develop up to three thousand hectares of smallholder farm land into tea.
ZIMBABWE is expected to have more than 100 megawatts (MW) additional power on its supply grid by November this year after Zesa Holdings (Zesa) has expunged a US$40 million debt owed to Namibian state-owned electricity company NamPower, Energy minister Elton Mangoma said.
MINING rights in Zimbabwe are vested in the President and acquisition of a mining title does not transfer ownership of mineral claims to the investor, Deputy Prime Minister Arthur Mutambara has said.
TOP industrialist Mr Anthony Mandiwanza is concerned about the "distorted" representation of Zimbabwe and posits that a strategic response is now needed to demystify the negative perceptions.
Zimbabwe's year-on-year inflation rate for April 2013 shed 0,27 percentage points on the March 2013 rate of 2,76 percent to 2,49 percent, the Zimbabwe National Statistics Agency has said. This means that prices as measured by the all items consumer pricing index increased by an average of 2,49 percentage points between April 2012 and April 2013.
The policy that will open Zimbabwe for business, usher in substantive reforms in various sectors with the sole objective of spurring economic growth, restore our collective dignity and creating jobs for the millions of unemployed Zimbabweans has been launched.
The Zimbabwe National Road Administration says it will this year place stronger emphasis on securing road construction and maintenance equipment after a realisation that several local authorities were using allocated funds on hiring road construction equipment.
Energy and Power Development Minister Elton Mangoma has said the system recently introduced by the Zimbabwe Electricity Supply Authority to facilitate the decentralisation of the sale of pre-paid meter coupons was open to all businesses.
The Zimbabwe government has indicated that it would consider compensating white commercial farmers whose land was confiscated during the land invasions - but only if the West pays for it.
ZIMBABWE has potential to achieve a US$100 billion economy earlier than 2020, despite a ballooning external debt overhang and only requires right leadership and personality, a former finance minister has said.
The International Monetary Fund (IMF), which threatened with the "compulsory withdrawal of Zimbabwe" one year ago, yesterday decided to give Harare authorities one last chance to avoid expulsion. The reconciling move by the IMF had come after Zimbabwe had made larger efforts to comply with the Fund's demand during the last year, including down-payments of US$ 16.5 million.
Weekly Review & Chart Update 10-11-2006
Weekly Report 3 November 2006