CTC approves 10 mergers, acquisitions in H1

HARARE – The Competition and Tariff Commission (CTC) said on Thursday it approved 10 mergers and acquisitions of various companies in the first half of the year.
Posted On 21 Sep 2017

Pensions sector boosts income

HARARE – The pensions industry recorded total income of $112 million in the first quarter ended March this year attributable to contributions, rental and investment income, the sector regulator has said.
Posted On 20 Sep 2017

Tobacco sales hit $558m

HARARE-Farmers have sold $558,8 million worth of tobacco since the start of the 2017 tobacco marketing season, a 6,7 decline compared to the same period last year.
Posted On 19 Sep 2017

Zim opens GMO testing lab

HARARE – The National Biotechnology Authority (NBA) on Wednesday opened the first laboratory in the country to monitor and identify Genetically Modified Organisms (GMOs).
Posted On 14 Sep 2017

RioZim records $2, 9 million after tax profit

HARARE – Diversified miner, RioZim achieved a $2,9 million net profit for the half year ended June 30, 2017 on the back of improved revenues, compared to a loss of $403 000 recorded in the same period last year.
Posted On 14 Sep 2017

IPEC defends new requirements

HARARE – The Insurance and Pensions Commission (IPEC) says it introduced a mandatory certificate of proficiency qualification for trustees of retirement funds to curb widespread mismanagement of the investments.
Posted On 13 Sep 2017

Cotton selling season smooth, says growers association

HARARE – The 2017 cotton marketing season is progressing well despite a few minor hiccups like cash shortages, the industry representative body said on Friday.
Posted On 01 Sep 2017

Zim urged to exploit Chinese market

GWERU – Players in the agricultural sector  in Zimbabwe should take advantage of the huge investment opportunities in Chinese market, an envoy  said on Tuesday.
Posted On 30 Aug 2017

Zim rakes in $363m from tobacco exports

HARARE – Zimbabwe has so far exported 82,7 million kilograms of tobacco worth $363, 3 million, down  from $320, 3 million recorded in the same period last year,  statistics from the industry regulator shows.
Posted On 29 Aug 2017

Labour body condemns Masiyiwa for ill-treating workers

HARARE – the Zimbabwe Congress of Trade Union (ZCTU) on Tuesday accused business mogul Strive Masiyiwa for ill-treating workers at his companies, Econet Wireless and Steward Bank.
Posted On 29 Aug 2017