Power outages severely erode companies’ productive capacity
Cloudine Matola SURFACE Wilmar, one of Zimbabwe’s largest cooking oil producers, says power outages, poor industrial policies and lack of competitiveness are…
Business
No progress in re-equiping industry
Cloudine Matola GOVERNMENT says it has not made progress in terms of retooling industry but will now focus on providing companies with funding to boost raw…
Stagflation dilemma facing Zim in 2019
THE current fiscal year is turning out to be very challenging for the Zimbabwean economy. The country is experiencing all the features of economic decline from…
Sparks fly at DW meeting
Chris Muronzi David Whitehead (DW) Textiles shareholders clashed in an explosive no-holds-barred meeting pitting shareholders on the one hand and Pure Oil…
Govt to cede TelOne, NetOne majority shares by year-end
GOVERNMENT is moving to complete the sale of its majority shareholding in fixed telecommunications company TelOne and mobile operator NetOne by year-end,…
ZSE to maintain dual listing for local companies
DUAL listing remains the most viable option for local listed companies and the Zimbabwe Stock Exchange (ZSE) will not dump its plan to collaborate with other…
Shambles rock govt over domestic debt
GOVERNMENT is guesstimating the real domestic debt figure despite announcing that it settled a significant portion of it last week as chaos continues to…
CDC targets product development
CHENGETEDZAI Depository Company (CDC) says it is continuing to prioritise new product development with efforts to engage potential issuers regarding the…
Ncube promises to reduce tax burden
FINANCE Minister Mthuli Ncube has promised relief on some taxes ahead of his interim budget on July 31, 2019, as a mid-term fiscal review statement measure to…
Power outages threaten Dairibord
DAIRIBORD Zimbabwe Holdings has been hit hard by the nationwide power outages, forcing the company to resort to diesel-powered generators which has proven…
