Business

In more developed countries whose economies are better off than most in sub-Saharan Africa, a strong safety net of social programmes, unemployment insurance and direct payments will make all the difference in the depth of the current COVID-19 induced downturn, and will speed up economic recovery. But for poorer countries, …

Business / Your Money How do I check what loans I have had in the past? by News24 <!– –> When you are trying to improve your credit history or would like to check what loans you have had in the past, there are a couple of ways of doing …

LISTED Construction concern, Masimba Holdings’ inflation adjusted profit after tax surged 272,8% to $34,3 million for the year ended December 2019, but the firm remains worried about the impact of COVID-19 and weakened economic environment on its operations. The company’s profit grew from $9,2 million prior year. “Subsequent to the …

KADOMA, ZIMBABWE– Ever-rising and diversified business entity Craft Properties (PVT) Ltd, a Zimbabwe based subsidiary of Craft Properties Holdings registered under the Companies Act in 2008 is proud to announce the appointment of Mr Bako Ambianda done on Tuesday, May 5, 2020, the president of Bako Ambianda International, LLC, an …

Business / Local Workers accuse Isandla Esihle (Ruoko Rwakana) director of not paying them by Stephen Jakes <!– –> Workers at Isandla Esihle (Ruoko Rwakana) Trust  have accused their employer Never Bonde of using them and failing to pay them. They said  Bonde of running the organisation only to satisfy …

From his based in the United Kingdom, Tapiwa Admire Kundoro wants to build an empire. The CEO of Vaka Building Materials and Hardware comes from a family that has 40 years’ experience in the construction industry. Now he is eyeing an ambitious project to sell mortgages to the diaspora.This year …

Business / Local Business now enjoying profiteering – ZCTU by Stephen Jakes <!– –> The Zimbabwe Congress of Trade Unions Secretary General Japhet Moyo has said businesses are not enjoying profiteering underrated as the government is instead inactive in facilitating the increase in workers income but remain silent on the …

NMB Zimbabwe Limited’s profit after tax slowed 11,7% to $84 million during the period ended December 2019 as the financial institution battles the impact of inflation and weakening exchange rate. BY FIDELITY MHLANGA During the same period last year, it recorded a profit of $94,7 million The group, which controls …

Business / Your Money Taking a loan responsibly by Staff Writer <!– –> If you recently started working and have been doing well in your life, then you may be thinking of taking the next big step and buying your own car or house. If you are still studying, then …

LISTED coal miner Hwange Colliery Company Limited (HCCL) swung from a loss position of $487 million to post profit after tax of $1,5 billion during the year ended December 2019, buoyed mainly by sales mix change and increased product pricing BY FIDELITY MHLANGA Hwange, which was placed under administration in …