Business »
Wednesday, 08 May 2013 11:31
HARARE - Zimbabwe has realised $400 million from 103 million kg of flue-cured tobacco sold since the opening of the 2013 selling season mid-February. This indicates a 29,10 percent increase from last season when a total $84 million kg worth $315...Read More
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Business »
Tuesday, 23 April 2013 15:32
HARARE - The Confederation of Zimbabwe Industries (CZI) says peaceful elections are key to business and in consolidating economic gains realised in the past few years. Zimbabwe is expected to hold watershed elections — in which President Robert Mugabe squares off...Read More
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Business »
Friday, 19 April 2013 12:05
HARARE - Zimbabwe has so far earned $280 million from 75,3 million kgs of flue-cured tobacco sold since the opening of the 2013 tobacco selling season mid-February. This is a 24,25 percent increase from last season when a total 59,6 million...Read More
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Business »
Thursday, 04 April 2013 11:25
HARARE - The looming intensified power cuts in winter will knock Zimbabwe’s ailing industry, particularly manufacturing sector, to its knees, Confederation of Zimbabwe Industries (CZI) has warned. CZI said the development will also dampen industry revival efforts.This comes as Zimbabwe Electricity...Read More
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Business »
Tuesday, 26 March 2013 11:25
HARARE - Tobacco sales have reached $111 million six weeks after the opening of the 2013 selling season. According to figures from the Tobacco Industry and Marketing Board (Timb), a total of 31 million kg were sold during the period. This...Read More
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Business »
Thursday, 14 March 2013 11:15
HARARE - The Confederation of Zimbabwe Industries (CZI) has engaged government in a bid to raise funds to ensure a hassle-free election that guarantees business certainty and a conducive operating environment. Traditionally, Zimbabwe’s polls have been marred by violence which in...Read More
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Business »
Sunday, 20 January 2013 09:27
BULAWAYO - Zimbabwe's industry recovery, particularly in Bulawayo, is minimal in 2013 due to challenges which are likely to persist, a leading independent economist Eric Bloch said. “Nationwide, industry is confronted with grievous insufficiency of working capital, catastrophically decimated financial resources...Read More
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Opinion & Analysis »
Thursday, 17 January 2013 11:27
HARARE - The move by the National Indigenisation and Economic Empowerment Board (NIEEB) to licence local indigenous companies is more of a fundraising campaign than a genuine cause to help the struggling firms. NIEEB, which was created to implement government’s indigenisation...Read More
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Business »
Thursday, 20 December 2012 12:59
GWERU - Industry minister Welshman Ncube has accused Finance minister Tendai Biti of holding Zimbabwe’s economy at ransom by not availing funds to resuscitate struggling industries. Ncube — responsible for overseeing industry’s “health” — said his ministry was frantically trying to...Read More
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Entertainment »
Saturday, 10 November 2012 13:31
HARARE - Modelling agencies have blamed lack of unity between the industry and promoters for the current shambolic state of the once vibrant sector. Size 4 modelling agency patron, Wilbert Rukato said promoters have failed to work closely with agencies....Read More
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Entertainment » Jeffrey Muvundusi, Own Correspondent
Monday, 05 November 2012 14:13
BULAWAYO - Walk into the second largest city, Bulawayo and get informed of a music outfit called The Talls, certainly it won’t ring a bell as the ensemble is virtually unknown in the showbiz arena. With their short presence in the...Read More
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Entertainment »
Friday, 02 November 2012 17:46
HARARE - Struggling Zimbabwe fashion industry members recently met in Harare to discuss the way forward for their trade under the auspices of newly-formed Harare Fashion Council. Beryl Kanyowa, the council’s head said their idea is to prioritise fashion trade...Read More
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Business »
Friday, 26 October 2012 13:33
HARARE - Local industry players say the economy requires extensive capital inflows to underpin nationwide recapitalisation and position the economy on a sustainable recovery platform. Zimbabwe’s manufacturing sector, which requires an estimated $2 billion to operate at full capacity, is being...Read More
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Sport »
Saturday, 22 September 2012 15:41
JOHANNESBURG - The entry of the biggest pay-per-view channel SuperSport into Zimbabwe’s Premier Soccer League market should usher in a new era and change the entire complexion of the game. Not only will the beaming of the game take the sport...Read More
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Business »
Thursday, 20 September 2012 11:58
HARARE - Indigenisation minister Saviour Kasukuwere yesterday said the mining sector has been fully indigenised and he is now ready to transform the banking sector. The government, under its controversial indigenisation laws, ordered Zimbabwe-based foreign mining companies to surrender 51 percent...Read More
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