Business

#Zimbabwe Businessman Genius Kadungure buys 2016 Rolls Royce

#Zimbabwe Businessman Genius Kadungure buys 2016 Rolls Royce How Genius Kadungure makes his money:   Genius Kadungure is a popular and controversial Zimbabwean socialite and businessman. He is also the founder and Chief Executive Officer of a gas company, Pioneer Gasses, which has interests in Botswana, South Africa and Zimbabwe. Kadungure is known for …

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Thieves steal from Grace Mugabe’s dairy farm

News24 Correspondent Harare – Pilfering of goods by workers is an ongoing headache for some businesses in Zimbabwe – and even First Lady Grace Mugabe hasn’t been spared. Ten workers from Mugabe’s Alpha Omega Dairy in Mazowe in central Zimbabwe have been arrested for allegedly stealing goods due for sale this month, …

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Zimbabwe newspaper company pays employees in grocery vouchers

(All Africa Global Media) — Struggling Alpha Media Holdings (AMH) this week paid its employees with grocery vouchers to be redeemed at OK Supermarkets. Earlier this month, the publisher applied for exemption from paying retrenched staff citing viability challenges. AMH is owned by media magnate Trevor Ncube and publishes NewsDay …

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Zimbabwe approves Chinese Yuan currency for public transactions

Yuan becomes the latest currency to be approved for public transactions in Zimbabwe, as the southern African nation seeks to increase trade with Beijing The yuan will become legal tender after Chinese president Xi Jinping visited Zimbabwe in early December for talks with president Robert Mugabe. Photograph: Huang Jingwen/Xinhua Press/Corbis …

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