Economy

ZimTrade to release Namibia market survey findings

ZimTrade to release Namibia market survey findings

THE country’s export promotion body, ZimTrade, will disseminate findings of the Namibia Market Survey during the last quarter of 2015…

Who’s who of Botswana linked to Choppies

Who’s who of Botswana linked to Choppies

Botswana-based supermarket giant Choppies has delivered business and financial benefits to powerful members of the Botswana elite, including President Ian Khama, former president Festus Mogae and the head of the shadowy Directorate of Intelligence and Security, Isaac Kgosi.

Bulawayo residents get Zimdollar compensation

Bulawayo residents get Zimdollar compensation

SCORES of Bulawayo residents are heading to banks to exchange discarded Zimbabwe dollar bills as the Reserve Bank of Zimbabwe (RBZ) moves to phase out the defunct currency.

Informal sector employs most youths

Informal sector employs most youths

THE informal sector’s employment rate leapt from 84% recorded in 2011 to 94,5% last year, statistics released by the Zimbabwe National Statistical Agency (Zimstat) have revealed.

Meikles workers in demo over retrenchments

Meikles workers in demo over retrenchments

EMPLOYEES of hospitality and retail group, Meikles Limited, who were retrenched in March, on Wednesday staged a demonstration at the company’s Bulawayo branch demanding their retrenchment packages.

Zimbabwe braces for huge wheat deficit

Zimbabwe braces for huge wheat deficit

ZIMBABWE expects to produce a paltry 102 000 tonnes of wheat this year against an annual demand of 450 000 tonnes.

AfDB, World Bank assess Gweru firms

AfDB, World Bank assess Gweru firms

THE Africa Development Bank (AfDB) has asked the Zimbabwean government to be proactive in the resuscitation of the economy before taking its begging bowl to foreign financial institutions.

South Africa’s Sanlam buys 40% stake in Zimbabwean insurer

South Africa’s Sanlam buys 40% stake in Zimbabwean insurer

South Africa’s biggest insurer Sanlam Ltd will buy a 40% stake in a Zimbabwean insurance firm, it said on Thursday, betting on the industry’s growth in a country facing a liquidity crunch and weak domestic savings.

Veritas deal unsettles local industry

Veritas deal unsettles local industry

THE Bulawayo based Association for Business in Zimbabwe (ABUZ) has called for the suspension of the recently introduced Consignment-Based Conformity Assessment (CBCA) programme aimed at reducing the importation of substandard goods.

Bata empowers women, youths

Bata empowers women, youths

Shoe manufacturer, Bata, is empowering 100 women and youths in rural areas who will market the company’s products in different areas for a fee, managing director Ronjoy Sengupta has said.

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