magaya

I am a trillionaire: Magaya says sarcastically

Prophetic Healing and Deliverance founder and leader Prophet Walter Magaya says he is a millionaire, a statement he made illustrating that he cannot quantify his net worth. With a weekly attendance of More...

Afdis H1 profit up 46 percent to $1,9 mln on local cider production

Joe-Mutizwa

Wine and spirit maker African Distillers (Afdis) reported a 46 percent increase in profit to $1, 9 million in the six months to December 2014 compared to the same period last year More...

Shareholders in bid to block Telecel EGM

telecel_new

Shareholders of Empowerment Corporation, the 40 percent shareholder in Telecel have filed for an interdict against an extra-ordinary meeting scheduled for February 20 to consider More...

Perennial agric challenges haunt Zim

AGRICULTURE plays a pivotal role to the economy of Zimbabwe. The strong growth rates of the country’s Gross Domestic Product (GDP) between 2009 and 2012 were to a large extent More...

‘Reducing imports could save $2bn’

Zimbabwe could save $2 billion annually by reducing the importation of 40 percent of products coming into the country despite existing capacity to produce them locally, a special More...

Chinamasa, Chidhakwa in Russia to court investors

Finance and Economic Development Minister Patrick Chinamasa and Mines and Mining Development Minister Walter Chidhakwa are in Moscow to court investors for the mining sector. The More...

Zimdollar return not realistic: BAZ

The reintroduction of the Zimbabwe dollar is not a realistic option available to this country in the short to medium term More...

It takes time to be noticed

A fruit tree does not get noticed by many people until it bears fruit. For the first few years the only attention More...

zse1 ZSE prepares for full automation

The Zimbabwe Stock Exchange (ZSE) said on Wednesday it is working on systems to interface the...

zse-logo 26m shares change hands on ZSE

Delta Corporation accounted for a staggering 43 percent of the 26 million shares that changed hands...

20130817_FNP003_0 Govt, brokers agree on demutualisation

Government and stockbrokers have agreed in principle, subject to cabinet approval, on the equity structure to...

Govt approves new measures to protect producers

GOVERNMENT has approved measures to support local producers by setting up a new Standards Regulatory Authority to regulate the quality of..

Facebook to buy WhatsApp for $19 billion

(Reuters) – Facebook Inc will buy fast-growing mobile-messaging startup WhatsApp for $19 billion in cash and stock, as the world’s largest..

Sanganai expected to rake in US$300m

The 6th edition of the Sanganai/Hlanganani World Travel and Tourism Africa Fair is expected to generate in excess of US$300 million..

Zim can lead in ICTs: US

The United States has pledged to help Zimbabwe resolve its economic challenges by helping the country to explore its potential as..

Shake-up looms in fast food sector

The local fast food business is set to be shaken up in a big way following the return of American fast..