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Indian businesses scout for joint ventures

Never Nyemudzo Business Reporter Indian businesses have proposed a small to medium enterprises exchange programme with Zimbabwean small businesses aimed at fostering strong relations between the two countries that will culminate in better future business transactions. A delegation of five companies headed by I AM SME INDIA chairperson Rajiv Chawla …

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ZOL launches FibroniksFast

Information Communication Technology, Postal and Courier Services Minister Supa Mandiwanzira addresses delegates while ZOL Zimbabwe chief executive Denny Marandure looks on Business Reporter LEADING internet service provider, ZOL Zimbabwe has launched a product whose speed, chief executive Denny Marandure, said brings internet speed that equals “a cheetah driving a Ferrari”. …

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CBZ loan book clocks $1bn

Oliver Kazunga, Senior Business Reporter ZIMBABWE’S leading financial institution CBZ Bank has grown its overall loan book to about $1 billion as it continues to support different sectors of the economy. CBZ Holdings group chief executive officer Mr Never Nyemudzo told delegates attending the inaugural CBZ International Small to Medium …

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90 percent of trade fair space taken up

Business Reporter ABOUT 90 percent of the available space at this year’s Zimbabwe International Trade Fair (ZITF) has been taken up, an official said yesterday. The 58th edition of the ZITF will run from April 25 to 29 in Bulawayo. Speaking at a Press conference in the city yesterday, ZITF …

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100 Tsholotsho South families destitute after tropical storm

Pamela Shumba, Senior Reporter MORE than 100 families in Tsholotsho South in Matabeleland North province are in a desperate situation after they lost their properties to floods following a tropical storm which left a trail of destruction in the district.Tsholotsho was the worst affected District in the country, with more …

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‘It’s good’: Byo backs movable property Bill

Kiyapili Sibanda, Business Reporter THE Bulawayo community has endorsed the Movable Property Security Interest Bill saying the proposed law would, if enacted, go a long way in assisting small businesses to access capital. The Bill seeks to provide for movable property to be used as security for the purpose of …

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Another giant to land at Vic Falls airport

Leonard Ncube in Victoria Falls ATTENTION will once again turn to Victoria Falls this weekend when the new look international airport welcomes another giant player, Ethiopian Airways, on Sunday. The B737-800 New Generation with Sky Interior aircraft is expected to land at Victoria Falls International Airport at midday. After South …

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Massive Shake Up At Astra

By Phillimon Mhlanga JAPANESE paint and chemical products giant, Kansai Plascon Africa Group, has embarked on a massive staff retrenchment exercise at its Zimbabwe unit, Astra Industries, the Financial Gazette’s Companies & Markets (C&M) can exclusively reveal. Apart from Zimbabwe, Kansai Plascon Africa Group, which is headquartered in Johannesburg, South …

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Implications of High Court Ruling On Sacked Workers

Matthias Ruziwa HR Issues “In terms of section 167(3) of the Constitution of Zimbabwe, the concerned High Court judgment is temporary or provisional in nature and not legally enforceable or binding before it has been confirmed by the Constitutional Court which is reposed with the unique jurisdiction to make the …

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