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I’ve this against Bulawayo businesses

The Bulawayo cityscape Morris Mpala, MoB Capital Ltd IF ever there was a city with so much potential, strategic in economics, industrial and cultural hub, rail cornerstone and just a beautiful place, Bulawayo will be that utopia. A place of unparalleled Ubuntu, iconic and photogenic buildings, unprecedented heritage sites, cleanliness …

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VP Mnangagwa headlines ZITF Business Conference

Emmerson Mnangagwa Business Editor VICE President Emmerson Mnangagwa will today deliver a key note address and officially open the 2017 Zimbabwe International Trade Fair (ZITF) International Business Conference in Bulawayo. The business conference is a major highlight of the five-day premier trade showcase jointly organised by the ZITF Company in …

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Foreign firms welcome investment reforms

Namibia is one of the countries exhibiting at this year edition of ZITF. The picture taken yesterday shows a client at the stand. — Picture by Eliah Saushoma Oliver Kazunga, Senior Business Reporter FOREIGN exhibitors at this year’s Zimbabwe International Trade Fair (ZITF) yesterday said they were excited by the …

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Zesa to inject $200m into smart metering

Golden Sibanda, Harare Bureau POWER utility Zesa Holdings will invest nearly $200 million towards the installation of smart meters for medium and heavy consumers of electricity. This comes after Zesa said it had completed installation of 590 518 prepaid meters, Phase one of the prepaid meter project, which is 6 …

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Bread prices to remain unchanged

Conrad Mwanawashe, Harare Bureau A breakthrough has been reached between millers and the Reserve Bank of Zimbabwe which effectively quashed a looming increase in the price of bread and other flour products. The RBZ will, in the next few weeks, clear outstanding $43,25 million foreign wheat invoices for millers. This …

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MP hails Bulawayo SMEs’ resilience

MP Joseph Tshuma admires products that were made by backyard industries in his constituency. (Picture by Andile Tshuma) Andile Tshuma, Business Reporter MPOPOMA-Pelandaba MP Mr Joseph Tshuma has commended small to medium enterprises (SMEs) in Bulawayo for their resilience despite the difficult economic conditions. Speaking after conducting a backyard business …

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Africa must invest in modern farming methods’

Minister Mpofu Leonard Ncube in Victoria Falls AFRICAN governments should invest more in developing sound agricultural systems to ensure food security and poverty alleviation that is being worsened by lack of funding and climate change, a Cabinet Minister has said. Delivering a keynote speech at the ongoing Global Expert Meeting …

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ZITF kicks off on ‘lively note’

Mrs Ruth Ncube Oliver Kazunga, Senior Business Reporter THE 58th edition of the Zimbabwe International Trade Fair (ZITF) began on a high note yesterday with 367 direct exhibitors participating compared to last year’s closing total of 354. Addressing a press conference at the Zimbabwe International Exhibition Centre in Bulawayo yesterday, …

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Miners commend govt policy

Government has been commended for providing Zimbabweans with the opportunity to participate in the mining sector and contribute to the economic development of the country. When the Mines and Minerals Act was crafted in the 1960’s it was meant to serve the interests of the white colonial minority and sideline …

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Tetrad Bank expunges balance sheet, eyes investors

Presently defunct financial institution, Tetrad Investment Bank (TIB), is looking to revive operations after a scheme of arrangement that tidied its balance sheet was approved recently. The new scheme of arrangement entails a debt into equity conversion and payment in cash to proven depositors and creditors. TIB’s operations were halted …

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