Wed, Jul 28, 2010
Iran gives Zimbabwe 40m euro loan - Iran has extended a 40-million-euro line of credit to Zimbabwe to finance energy, banking and industrial projects, the local media reported Wednesday, quoting the country's top diplomat in Tehran.
Wed, Jul 28, 2010
Zimbabwe will soon open up its doors to investors in the energy sector to invest as independent power producers or public-private partnership arrangement in the development of larger power projects in the country, The Herald said on Tuesday.
Tue, Jul 27, 2010
Senior ANC members flew to China yesterday for a two-week study tour that will include hearing a lecture on the role of state-owned enterprises.
Tue, Jul 27, 2010
CAPE TOWN, - South Africa's central bank did not supply rand ZAR=D3 to Zimbabwe in the financial year ended March 2010 and the impact from the neighbouring country's use of the currency was minimal, Finance Minister Pravin Gordhan said on Tuesday.
Tue, Jul 27, 2010
China Development Bank Corp, a state-controlled bank primarily responsible for raising funds for large infrastructure projects in the country, plans to acquire a majority stake in Infrastructure Development Bank of Zimbabwe, the state-owned Xinhua News Agency reported last week, citing an executive in charge of public relations in the Zimbabwean lender.
Tue, Jul 27, 2010
Zimbabwe's biggest retail group by outlets, TM Supermarkets has rebranded into a new look the company says reaffirms its commitment to provide an "unparalleled standard of quality and service".
Mon, Jul 26, 2010
ZB Financial Holdings Limited stockbroking arm, ZB Stockbrokers has applied for liquidation following irreconcilable operational differences between shareholders.
Mon, Jul 26, 2010
Harare — ZIMBABWE's Small-to-Medium Enterprises have been urged to adhere to positive corporate governance practices for the sector to experience real growth.
Mon, Jul 26, 2010
The fight over control of Zimbabwe's Telecel intensified after the Empowerment Corporation (EC) pushed for the cancellation of its operating license and the removal of the company chairman, James Makamba and his deputy, Jane Mutasa.
Fri, Jul 23, 2010
HARARE – Zimbabwe business leaders on Thursday urged President Robert Mugabe to conclude his controversial land reforms, saying focus should now shift to reviving production in the agricultural sector, once the base of the economy.
Thu, Jul 22, 2010
HARARE – The government is in the final stages of negotiations with South Africa for Zimbabwe to adopt the rand as its ‘official’ currency – at least until 2012, according to a source in the ministry of finance.
Thu, Jul 22, 2010
Harare, - The government has given parastatals a three months ultimatum to reduce salaries for high earning managers and produce audited financial results after an investigation revealed that most state owned companies were flouting corporate governance laws.
Wed, Jul 21, 2010
HARARE – Zimbabwean Finance Minister Tendai Biti will lead a joint government and business delegation to neighbouring Botswana to discuss the modalities of a 500-million pula (aboutUS$70 million) credit facility availed by Gaborone.
Wed, Jul 21, 2010
Harare — THE Confederation of Zimbabwe Industries has called for more time to facilitate the switch over to the electronic fiscalised tax register system as most companies might fail to meet the current deadline.
Mon, Jul 19, 2010
APA-Harare (Zimbabwe) Zimbabwe and Zambia will next week become the latest countries to launch simplified rules governing trade among member states of the Common Market for Eastern and Southern Africa (Comesa), the regional economic bloc said on Monday.
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