Business

Ut wisi luctus ullamcorper. Et ullamcorper sollicitudin elit odio consequat mauris, wisi velit tortor semper vel feugiat dui, ultricies lacus. Congue mattis luctus, quam orci mi semper

5 Tips for starting a small IT business

Starting an IT business can seem quite easy for those who think you only need programming skills for that. The IT sphere is very big now and outsourcing offices are only a small part of it. With each day there  more IT business models proven to be successful.If you are …

Read More »

BATZ posts $27,7m loss

CIGARETTE and tobacco manufacturing company, British American Tobacco Zimbabwe (BATZ) posted a loss of $27,7 million for the year-ended December 31, 2019 owing to hyperinflation. BY TATIRA ZWINOIRA The economy continues on a loss-making streak of major listed firms which are posting losses due to the depreciating Zimbabwe dollar that …

Read More »

90% Zimbabweans want death penalty abolished

Business / Companies 90% Zimbabweans want death penalty abolished by Staff reporter A REPORT released yesterday by the Death Penalty Project in conjunction with legal think-tank Veritas has revealed that 90% of Zimbabweans were against the death penalty and wanted it abolished. The report titled Time to Abolish the Death …

Read More »

Premier African Minerals snaps up additional 7% in Namibian firm

ZIMBABWE-focused miner, Premier African Minerals (Premier), has acquired a further 7% stake at Namibian MN Holdings Limited (MNH) for US$700 000 following the approval of the sale by the shareholders. BY MTHANDAZO NYONI The move, expected to be a cash-generative asset supportive of group overheads in the near future, puts …

Read More »

Tobacco sales rake in US$172m

AT least US$172 million has been realised from tobacco sales after 74,8 million kilogrammes were delivered at the country’s auction and contract floors since the beginning of the season, statistics from Tobacco Industry and Marketing Board have shown. BY FIDELITY MHLANGA During the same period last year, 55,7 million kg …

Read More »

Clients owe TelOne ZW$500m in bills

Business / Companies Clients owe TelOne ZW$500m in bills by Staff reporter <!– –> STATE-OWNED telecommunications concern TelOne is owed more than ZW$500 million by, among others, government entities and has adopted various measures, including litigation and blacklisting debtors to recover what it is owed. In an interview with businessdigest, …

Read More »

Zim risks lagging behind in digital era

ZIMBABWE risks being left behind in the digital era and this has been accelerated by the COVID-19 pandemic as local mobile network operators (MNOs) continue to charge sub-economic tariffs amid rising operating costs. BY Business reporter With the country in lockdown indefinitely since March 30, Zimbabweans have had to deal …

Read More »

Caster oil rolls out Miss Rural beauty contest

Business / Companies Caster oil rolls out Miss Rural beauty contest by Tarisai Mudahondo/ Simbarashe Sithole <!– –> Bio-technology company in Africa, Oil Castor Zimbabwe says it is working round the clock to have Miss Rural Africa Beauty Pageant relaunched at new platform to be unveiled on a later date. …

Read More »

Inflation rises to 785.55%

Zimbabwe’s inflation rose to 785.55% on an annualized basis in May, from 765.57% the previous month, the Zimbabwe Statistics Agency said today, laying bare the challenge of a weakening local currency and rising pieces. Business Reporter Month-on-month, inflation dropped slightly to 15.13% from 17.64% during the same period, Zimstat said. …

Read More »

Tips for maintaining cleanliness in the workplace

Business / Local Tips for maintaining cleanliness in the workplace by Staff Writer <!– –> A majority of people spend almost half of their day in the workplace. Others even spend more. The importance of maintaining cleanliness at work cannot be underestimated. It not only ensures a safe working environment, …

Read More »