Schweppes underfire for making changes to Mazoe brands

SCHWEPPES Zimbabwe has come under fire for changing the ingredient formulation on the Mazoe syrups and Mazoe Orange Crush without informing consumers.BY MTHANDAZO NYONIAngry consumers have gone on social media platforms fuming and threatening to boycott the products forthwith. The company recently changed its ingredient formulation on the two Mazoe …

Read More »

Untapped potential in the private health sector (1)

Tourism remains low hanging fruit in Zimbabwe. It is low hanging and within arm’s reach because we have abundant, unique and picturesque monuments, captivating flora and fauna, traveller products that are attractive for the both the local and world market and that we are currently receiving foreign currency from. But …

Read More »

Coffee production plummets

ZIMBABWE’s coffee production has declined by 16% to 430 tonnes in the 2017/18 season mainly due to price volatility and high costs of production, an official has said. By FREEMAN MAKOPA In the previous season, production was 510 tonnes. Department of Research and Specialist Services principal research economist, Freeman Gutsa …

Read More »

IDCZ courts prospective suitors

THE Industrial Development Corporation of Zimbabwe (IDCZ) is in talks with prospective investors who have expressed interest to invest and take up part of or all of its shareholding in its subsidiaries, an official has said. BY FREEMAN MAKOPA “Five companies — Deven Engineering, Allied Insurance, Zimbabwe Grain Bag, Chemplex …

Read More »

AAC purchase to spur Alexander Forbes

ALEXANDER Forbes Group Holdings Limited chief executive officer Andrew Darfoor says acquiring African Actuarial Consultants (AAC) will grow his company into a regional powerhouse in actuarial consultancy in the region. BY TATIRA ZWINOIRA “We have taken a significant share in the business (AAC) and the emphasis is that we want …

Read More »

Agoa shreds Archer’s US dream

BULAWAYO textile giant, Archer Clothing Manufacturers’ efforts to push for more exports into the United States (US) were hampered by Zimbabwe’s ineligibility under the African Growth and Opportunities Act (Agoa), an official has said. BY MTHANDAZO NYONI Agoa was signed into law in 2000 to offer tangible incentives for African …

Read More »

New cupboard doors an instant facelift

We all dream of a brand new spangled kitchen – clean as a dream – stylish and sophisticated. When you consider the saying the way to a man’s heart is through his stomach, it’s not surprising that kitchens are the very heart of our homes. They are where families gather, …

Read More »

US economy is growing but . . .

The US economy is growing but corporate profits are not, according to data released last week. That’s disappointing for stockholders. On the other hand, we just saw a string of years when profits outpaced economic growth by a mile. So, the two figures can diverge for a long time . …

Read More »

Import relaxation worsens trade deficit

Enacy Mapakame BH24 Reporter A relaxation of Statutory Instrument 64 of 2016 (SI64) that restricts the importation of goods that can be produced locally has contributed to a widening of Zimbabwe’s trade deficit during the first four months of this year, analysts say. The gap between exports and imports rose …

Read More »

‘We have enough water’

The rains are now over and it is once again that time of the year when the water harvested during the wet season counts. The dry season is a period when the country receives little to no rains and has to rely on water stored in reservoirs such as dams …

Read More »