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Emirates passenger traffic up 6pc

Enacy Mapakame AIRLINE Emirates says business on the Harare-Dubai route has been on a growth trajectory with passenger traffic growing by 6 percent during the 2017 /18 financial year as investors explore business opportunities driven by renewed confidence in Zimbabwe. Zimbabwe has generated interest from potential investors across the globe, …

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Ncube promises action on civil service reform

FINANCE minister Mthuli Ncube says government will “do something” about civil service reform and accelerate measures to correct fiscal imbalances currently driving inflation and currency instability. BY TATIRA ZWINOIRA The International Monetary Fund (IMF), which resumed technical assistance to Zimbabwe in 2009 at the behest of government, has recommended that …

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Gold firms

BENGALURU. — Gold edged up yesterday as a recent dip to multi-week lows attracted some bargain hunters, but prices were well within recent ranges as the dollar remained on an upward trajectory. Spot gold edged 0,3 percent higher to $1 191,41 per ounce at 1129 GMT, having fallen to a …

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Opec, traders in standoff

LONDON. — OPEC and oil traders are now in fundamental disagreement about the market outlook and the standoff is fuelling a sharp rise in prices that could spell trouble for the global economy over the next 18 months. The overall balance between supply and demand is “healthy” according to a …

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Zimnat celebrates Customer Service Week

Patience Mustvanga This week is Customer Service Week, which is celebrated world-wide (Zimbabwe included) every year during the first full week of October. This year’s theme is “Excellence Happens Here”. The week, which runs from October 2 to 5, is devoted to recognising the importance of customer service and honouring …

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Ambient water quality monitoring

What is water quality? Water quality refers to the chemical, physical and biological characteristics of water. It is a measure of the condition of water relative to the requirements of living organisms and human needs. It is most frequently used by reference to a set of standards against which compliance …

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Bank partners Untu Capital

Michael Tome/Hilda Muchamiri Business Reporters DEVELOPMENT finance institution, Trade and Development Bank (TDB) has launched a pilot $3 million Small to Medium Enterprises (SME) programme in partnership with Untu Capital, a local micro finance institution. The arrangement is a blended finance and business support programme aiming to support SMEs in …

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‘Occupational deaths worrisome’

GOVERNMENT is concerned over occupational deaths, which have hit 415 between 2013 and August this year. During the same period, 25 630 injuries, most of them serious, were recorded. Critically, 51 fatalities and 3 841 injuries were recorded between January and August this year. This was said by the Minister …

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Mortgage loans up 44pc

A total of $98,7 million mortgage loans were advanced to clients in the seven months to July 2018, an industry official has said. The figure is 44,3 percent more than the $55 million which was extended in the same period last year last year. According to Ambrose Matika, executive secretary …

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Cottco distributes inputs to farmers

THE Cotton Company of Zimbabwe has started distributing inputs for this season, with farmers applauding the company for the timely disbursements, which they say will enable them to plant on time and improve their yields potential. Zimbabwe’s cotton production reached 130 000 tonnes last year, the highest in nearly five …

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