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US$4m needed to complete JM Nkomo Airport upgrading PDF Print E-mail
Saturday, 13 April 2013 18:23

Dumisani Nsingo

Business Reporter

GOVERNMENT has said US$4 million is still needed to complete the final touches at the long awaited Joshua Mqabuko Nkomo International Airport, in another twist to the delays that have dogged the commissioning of the airport more than 10 years since the project was started.

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Agribank to be commercialised soon PDF Print E-mail
Saturday, 13 April 2013 18:19

Business Reporter

THE Government will soon complete the documentation required for courting strategic partners for the restructuring of Agribank into a commercial unit.

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Economic Focus with Charles Chiponda PDF Print E-mail
Saturday, 13 April 2013 18:17

What’s in it for me, you ask?

As an African nation, what we ask of our government is not dissimilar to what others ask of theirs.

Most recently because of the stage we are at in our development, we have begun to increasingly demand an alternative to the status quo, a change in style, a movement toward definite change perhaps?

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Zara rebranding nears completion PDF Print E-mail
Saturday, 13 April 2013 18:08

 

Roberta Katunga

THE restructuring of the Zambezi River Authority (Zara) is nearing completion as the organisation undergoes a rebranding exercise that seeks to reflect its revised vision and mission as well as enhance the corporate image, an official said.

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S African company to invest US$100m in Marange diamonds PDF Print E-mail
Saturday, 06 April 2013 15:18

Dumisani Nsingo

A South African company, Femme Afrique Holdings, has agreed in principle to invest $100 million in the extraction of diamonds in Marange through a joint venture with the Women in Mining and the Zimbabwe Mining Development Corporation (ZMDC).

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Datlabs to refurbish equipment PDF Print E-mail
Saturday, 06 April 2013 15:17

Business Reporter

THE country’s leading pharmaceutical and personal care company, Datlabs, will invest about $2 million for the refurbishment of its intravenous fluids manufacturing factory in Bulawayo, which stopped functioning over five years ago.

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Economic focus with Gabriel Masvora PDF Print E-mail
Saturday, 06 April 2013 15:15

 

Incompetent managers suffocating companies

SINCE the inception of foreign currency usage, the buzz word in economic circles has been the liquidity challenges facing the country.

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Artisanal miners eye London market PDF Print E-mail
Saturday, 06 April 2013 15:06

Business Reporter

THE Zimbabwe Artisanal and Small-Scale for Sustainable Mining Council (ZASMC) says Fidelity Printers and Refiners can return to trade its gold on the London Bullion Market Association (LBMA) at subscribed international rates if Government relaxes its punitive policies hindering optimum production by artisanal miners.

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Termites destroy bulk of Mat’land North maize crop PDF Print E-mail
Saturday, 06 April 2013 15:01

Thokozani Ndlovu

Farming Reporter

AT least 60 percent of farmers in the Matabeleland North region have had their crops affected by termites outbreak which was reported last month as a result of the dry spell which struck the country, Sunday Farming has learnt.

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Small scale miners appeal against fees PDF Print E-mail
Saturday, 06 April 2013 15:00

Ngonidzashe Chiutsi

Business Correspondent

SMALL scale mining business operators in the country are up in arms with Government officials for making conflicting statements that they had reduced mining fees by 50 percent in contrast to what was reflected in the Government gazette.

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Freda Rebecca Mine resumes ‘normal’ operations PDF Print E-mail
Saturday, 06 April 2013 14:56

Roberta Katunga

Business Reporter

NORMAL production throughput has been recommenced at Mwana Africa’s Freda Rebecca Mine after processing operations had been suspended following a leach tank collapse which injured five employees in February, the company said.

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CSC set to enter into new Botswana beef import deal PDF Print E-mail
Saturday, 30 March 2013 18:33

Business Reporter

STRUGGLING Cold Storage Company is set to enter into a new deal with the Botswana Meat Commission (BMC) soon after payment of the outstanding debt accrued by the parastatal early last year.

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