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Business

Make your business work for you

One of our favourite authors is Michael E. Gerber who is touted as the number one small business guru. He is renowned for offering practical advice to SMEs on how to build businesses that work. At Genesis, we use some of his teachings to develop products and help our clients. …

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Zim tourism buoyant

Martin Kadzere and Golden Sibanda Zimbabwe’s tourism sector has maintained the buoyancy witnessed prior to the holding of the July 30 harmonised polls, an unusual trend compared to events that characterised previous election periods, a top tourism industry official said. While regional and international observers stationed in Zimbabwe in the …

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Prospect gets lease for lithium project

Golden Sibanda Senior Business Reporter Zimbabwe’s mining affairs board has given electric vehicles battery-lithium producer Prospect Resources a mining lease that amalgamates 57 mining claims belonging to its Arcadia lithium project located 38 kilometres east of the Capital Harare. Prospect said the mining lease covers an area of 1031 hectares, …

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Mine sits on 4,8 million ounces of gold

Ishemunyoro Chingwere Business Reporter A resource definition exercise at Isabella Gold Mine in Bubi, Matabeleland North Province, has revealed that the mine is sitting on about 4,8 million ounces of the yellow metal, Mines and Mining Development Minister Winston Chitando has said. The minister revealed this in an interview after …

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575 exhibitors for Harare Agricultural Show

Africa Moyo Business Reporter The annual Harare Agricultural Show, which roars to life on Monday next week, has attracted 575 exhibitors, representing a 14 percent jump from last year’s figures. This was revealed by Zimbabwe Agricultural Society (ZAS) chief executive officer Dr Anxious Masuka yesterday. “The number of organisations exhibiting …

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Forex Rates

Currency Name Currency Code TT Buying Middle Rate TT Selling BRITISH POUND GBP 1.2356 1.2740 1.3124 INDIAN RUPEE INR 67.6818 69.7776 71.8734 CHINA YUAN RENMINBI CNY 6.6483 6.8557 7.0631 EURO EUR 1.1075 1.1419 1.1762 NORWEGIAN KRONER NOK 8.1971 8.4526 8.7080 JAPANESE YEN JPY 107.3210 110.6610 114.0000 SWEDISH KRONER SEK 8.8883 …

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Beitbridge firm to process 25k tonnes of oranges

From Kudzanai Sharara in Beitbridge Fruit and allied products processor Beitbridge Juicing Private Limited, is targeting to process 25,500 tonnes of oranges at its Beitbridge plant by 2018 year end. If met, this year’s output will be 59 percent higher than the 16 000 tonnes that were processed in 2017. …

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SA rand firms

JOHANNESBURG. — South Africa’s rand firmed more than one percent in early trade yesterday, matching gains by its emerging market peers as criticism of Federal Reserve rate hikes by US President Donald Trump hurt the dollar and revived demand for some risk assets. At 0630 GMT the rand was 1,1 …

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When the unexpected happens . . .

The topic on financial protection against uncertainties through life insurance in the event of death often makes people uncomfortable. However it is not an unpleasant conversation after all, it is actually a worthwhile topic that you will live to smile about. With life insurance from Zimnat you can stop worrying …

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Gold prices rise

BENGALURU. — Gold prices yesterday climbed to a one-week high on the back of a weaker dollar, after US President Donald Trump said he was “not thrilled” with the Federal Reserve for raising interest rates. Spot gold rose 0,4 percent to $1 194,81 an ounce at 0701 GMT, after touching …

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