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Saturday, July 20, 2019

Storm over Econet $130m rights offer

Pension funds say the $130 million rights issue by Econet Wireless Zimbabwe will dilute their shareholding, as they cannot follow their rights, warning the...

Econet asked to defer EGM

Happiness Zengeni Business Editor —Econet Wireless Zimbabwe has been asked to defer its extra-ordinary general meeting set for tomorrow until it has addressed technical issues...

Chicken lovers to pay more: Shops raise prices by 40 percent

Business ReportersTHE price of chicken has increased by over 40 percent from about $3/kg to $4.40/kg with the Zimbabwe Poultry Farmers Association (ZPFA) attributing...

Retailers warned on hiking prices

Kiyapili Sibanda, Business ReporterRETAILERS who increase prices are digging their own graves and risk losing business in the long term, the Confederation of Zimbabwe...

Zimplats engages government over land

Zimplats says it is engaging the government after authorities gave fresh notice to compulsorily acquire land within the company’s special mining lease area. BY BUSINESS...

OK’s Zireva calls it a day

OK Zimbabwe chief executive Mr Willard Zireva Martin Kadzere Senior Business Reporter —OK Zimbabwe Limited chief executive Mr Willard Zireva is set to step down on...

$1.2m new look lodge: Shearwater builds 150-bed lodge in Vic Falls

The new Victoria Falls Explorers’ Village operating on a trial-run ahead of official opening next month Leonard Ncube in Victoria FallsSHEARWATER Adventures, one of leading...

Big boost for Kariba South project

Golden Sibanda Senior Business Reporter —POWER utility, Zesa Holdings yesterday took delivery of $7 million worth of key hydro power plant electrical equipment from China...

More players invited to supply fiscal devices

Oliver Kazunga, Senior Business ReporterTHE Government has invited more applications for the supply electronic fiscal devices following concerns by the business community over inefficient...

Zimbabwe has over-valued US$ exchange rate

Zimbabwe has an over-valued exchange rate against the United States dollar and other major economies due to the singular usage of the greenback, economists...
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