Companies now warehouses for foreign goods

WITH globalisation now the theme word at almost all economic conferences and inter-governmental meetings, it means the emphasis many countries are advocating for is to do away with trade barriers so that goods can move freely within countries.

Business Reporters

ZIMBABWE’S biggest platinum producer, Zimplats, has engaged Government to reverse mining fees effected last year, a situation that could force the mines and mining development ministry to do the same for the entire mining sector.

Roberta Katunga

Business Reporter

BINDURA Nickel Corporation’s (BNC) restart programme is well underway with the first sale of nickel concentrate to Glencore International targeted for the second quarter of 2013, Mwana Africa said in its explorations and operations update.

Business Reporter

THE increase in motor vehicle population in the country has forced leading manufacturer of fire safety appliances, Firetech Fire Engineers, to increase the production of portable dry chemical powder fire extinguishers.

Dumisani Nsingo

Business Reporter

GOVERNMENT has given small-scale miners the green light to seek strategic partners to exploit diamonds, a senior Government official has said.

Business Reporter

THE Ministry of State Enterprises and Parastatals will next month set up an advisory council for all the public entities in a bid to improve efficiency and promoting good corporate governance, a Cabinet official said.

Indigenisation, empty commercial property: Use it or lose it

SINCE 1977, it has been illegal to threaten or use violence to enter a property where someone is present and opposes the entry. Upon hearing this statement I’m sure many of us would agree that it should rightly be illegal for someone to enter our homes by using threats or violence when we oppose their entry, after all a guest can only be one who is welcome. Even if such a law did not exist most would agree that it would be morally wrong.

Ngonidzashe Chiutsi

Business Correspondent

PROPERTY and land developing company in Zimbabwe, Fidelity Life Assurance of Zimbabwe, has halted embarking on any project in Bulawayo due to the liquidity crisis facing the city.

Business Reporter

THE People’s Own Savings Bank will soon be turned into a commercial bank after Cabinet approved the restructuring and privatisation of the financial institution.

2013: a bloated year

THE formation of the inclusive Government five years ago heralded a new era in the economic sphere of the country — first by plugging in inflation and then initiating a slow but welcome growth that resultantly brought some change to the lives of the majority.

Business Reporter

LEADING canvas and protective clothing manufacturing company, Power Seven Canvas and Industrial (PSC), has set sights at increasing the production of its tourism and hospitality industry-related products ahead of the United Nations World Tourism Organisation (UNWTO) general assembly to be held in Victoria Falls in August.