Home / Business (page 10)

Business

Zimbabwe: Zdravko Logarusic’s Double Tragedy

THE prospect of hosting Algeria on neutral soil and prepare a rusty local contingent of players ahead of Chan should be naturally worrisome to new Warriors coach Zdravko Logarusic but the Croat is relishing the challenge. The Warriors play African football champions Algeria in back-to-back 2021 AFCON qualifying ties later …

Read More »

Zimbabwe: Foreign Currency Shortages Are the ZSE’s Major Undoing

INTERVIEW The Zimbabwe Stock Exchange (ZSE) will next month host the 57th Committee of Sadc Stock Exchanges (CoSSE) meeting with the main objective of promoting the development of efficient, fair and transparent securities markets within the region while also encouraging cross-border trading. The meeting, which will also promote Zimbabwe as …

Read More »

Zimbabwe: Sponsorship Boost for Starbrite

Local talent television show, StarBrite, has received about US$5 900 sponsorship for the season 7 finale from a non-profit organisation Glo International Sports and Arts Agency (GISAA). This came to light after organisers of the show said they were broke, but had creative ideas which needed finances and resources. The …

Read More »

Zimbabwe: Businesswoman Off the Hook

BUSINESSWOMAN and Connect Water chief executive, Ms Smolly Moyo, who was facing allegations of duping a businessman of R290 000 has been freed. Moyo will only return to court by way of summons after Harare provincial magistrate Rumbidzai Mugwagwa dismissed the State’s application for further postponement of her case and …

Read More »

Zimbabwe: New Act Curtails Shelf Company Manipulation

Some criminals that for long, have been manipulating the laxity around the registration of shelf companies, will have their shenanigans curtailed by new provisions of the recently promulgated Companies and other Business Entities Act (Chapter 24:31), Herald Finance & Business can reveal. The Act, among other fraud curtailing strategies, entails …

Read More »

Zimbabwe: ED Meets Moza Special Envoy

A Mozambican envoy, Mr Julio Dos Santos Jane, yesterday paid a courtesy call on President Mnangagwa at his Munhumutapa Offices to convey a special message from President Filipe Nyusi. Mr Dos Santos Jane said he was in Zimbabwe to deliver a special message to President Mnangagwa, who is the chairperson …

Read More »

Zimbabwe: Cola Joy for Pensioners

Government has granted pensioners a cost of living adjustment, which will be paid with effect from next month and backdated to January. The adjustment will be announced at a later date. Last year, public service pensioners were getting between $80 and $235 monthly. Secretary for the Public Service Commission, Ambassador …

Read More »

Zimbabwe: Council Property Database On Cards

Harare City Council is compiling a register of all properties to ascertain their market value for purposes of charging accurate rates. Further, the General Valuation Roll (GVR) will capture newly constructed properties, the improvements and subdivisions made in the last decade. New suburbs and buildings have no market ratings. Critically, …

Read More »

Zimbabwe: US$7m 10mw Solar Power Station On Cards

Cletus Mushanawani and Joseph Madzimure A 10 megawatt solar power station will be built in Zimbabwe before the end of next year at a cost of US$7 million by a leading German investor in renewable energy, Holtholding Group. Holtholding Group, which has a presence in 46 countries across the world, …

Read More »