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Why corporates should focus on their competencies

In financial circles there is often debate on whether or not investment in conglomerates yields better value for investors.

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SFG policyholders to get compensation

Ipec is working on modalities to reimburse, SFG Insurance, policyholders (in collaboration with the Ministry of Finance) an official said.

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Afre bullish about full year performance

Afre Corporation is bullish about the outcome of its transformative process and expects to deliver on its budgeted performance for the year, CEO Douglas Hoto said.

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ZTA reports an increase in Zim tourism

ZIMBABWE’s tourist arrivals increased 17% to 404 282 in the first quarter of 2013.

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Zim companies losing out to SA

CORPORATES in Zimbabwe should adopt hedging products and derivatives to avoid unnecessary foreign currency exchange losses.

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Golden handshakes costly to shareholders

RECENT reports that Telecel CEO Francis Mawindi was demanding a whopping US$1 million handshake from his former employers for wrongful dismissal made interesting reading.

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Lafarge to invest US$200million

LISTED cement manufacturer Lafarge Cement Zimbabwe has announced plans to invest US$200million within the next 10 years towards setting up new cement manufacturing plant.

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RTG sees profitable year

Rainbow Tourism Group (RTG) shareholders this week seemed to be in the same camp for the first time in many years at the group’s annual general meeting.

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ZSE CEO, Trust Holdings clash

ZSE new CEO, Alban Chirume has clashed with Trust Holdings Limited following the latter’s failure to publish financial results for the year ended December 31, 2012.

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AfrAsia Kingdom-Wazara talks collapse

Negotiations to narrow widening differences between AfrAsia Kingdom Bank and Spiritage Group CEO Zach Wazara have collapsed.

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