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Tuesday, September 24, 2019

Stop being crybaby, envoy tells Zimbabwe

Zimbabwe must stop being a crybaby and instead remove cumbersome taxes and strengthen existing export relations, an envoy has said. BY TATIRA ZWINOIRA Democratic Republic of...

CBZ profit falls, deposits up

CBZ Holdings saw its 2016 profit after tax dropping by 32,5% to $28,3 million from the previous year on the back of a decline...

Willowton, Mega Market in $35m retail investment deal

Cletus Mushanawani News EditorCOOKING oil and soap producing concern, Willowton Zimbabwe has partnered Mega Market to set up a retail investment worth $35 million...

SI 64 is good, says ex-Min: ‘Needs vibrant local industry support’

Dr Nkosana Moyo Kiyapili Sibanda, Business ReporterSTATUTORY Instrument 64 of 2016 is a noble policy that needs to be supported by a vibrant domestic industry,...

Reduce maize producer price: Irvine

Irvine’s Zimbabwe (Private) Limited chief executive David Irvine (right) explains to Industry and Commerce Minister Mike Bimha the feed production process during a tour...

Econet adamant on infrastructure sharing

Business Reporter ECONET Wireless has insisted that it does not agree to compulsory sharing of telecoms infrastructure, despite recent statutory regulations drafted to enforce...

No place like Chimanimani

Isdore Guvamombe Tourism Matrix BABOON troops lounge nonchalantly on trees along a footpath while monkeys scamper nimbly between branches. An excited whoop erupts thereafter from...

Barclays Africa Apologizes After Bank’s Role in Rand Fixing

Barclays Africa Group Ltd. apologized for its role in a rand-fixing affair involving more than a dozen banks, saying that it alerted regulators about...

British American Tobacco (BAT) bottom line down on weak consumer demand

Tobacco processor, British American Tobacco (BAT) Zimbabwe saw its profit after tax declining by 43% to $8,5 million in the year ended December 31,...

BAT after-tax profit down 45 pct on weak sales

HARARE, – Cigarette maker BAT’s after-tax profit plunged 45 percent to $8.48 million in the full year to December 2016, down from $15.4 million...
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