Construction sector set for rebirth

Africa Moyo Business Reporter VETERAN construction industry player and Murehwa North Constituency House of Assembly member-elect Daniel Garwe (ZANU-PF), says he will push for the recognition of the construction sector, particularly local players, during the life of the new parliament. Mr Garwe, who owns Planet Building, says the adoption of …

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Transaction volumes boost ZB half year results

Business Reporter ZB Financial Holdings Limited, reported a plausible set of results for the half year ended June 30, 2018, with chief executive officer Ron Mutandagayi, saying performance was spurred by an increase in the number of accounts and transaction volumes. The group’s net profit amounted to $9,4 million for …

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Seed Co’s BSE listing to increase visibility: Nzwere

Enacy Mapakame Business Reporter Regional seed manufacturer, Seed Co Limited says listing of its regional operations on the Botswana Stock Exchange (BSE) will be concluded in a month’s time, after shareholders approved the proposal yesterday. Speaking to The Herald Business on the sidelines of the group’s annual general meeting in …

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Need to conserve water remains

The winter season is now over and the hot season is now upon us with rises in temperatures beginning to show. Consequently, the demand for water is also set to increase as there is a causal relationship between high water use and high temperatures. In the hot season, the demand …

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Rand firmer

South Africa’s rand retreated on Wednesday ahead of a bank holiday yesterday, with investors booking profits from the previous session’s rally and closing positions as the dollar bounced back on the latest US and China trade war twist. On the bourse, MTN Group topped the decliners on the Top-40 index …

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Oil prices up

LONDON. — Oil rose yesterday, recouping some of the previous day’s steep price slide, after the first round of US sanctions against Iran came into effect, although confidence in crude demand has been hit by the escalating China-US trade dispute. Brent crude futures were up 19 cents at $72,47 barrel …

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Stimulating more value by tracking what is happening

Tracking local activities and keeping daily updates does not just enable communities to practise what they preach. eMKAMBO: CHARLES DHEWA It also helps them increase awareness and value for the wider society. When farming and fishing communities are able to track local activities, they build their own capacity to analyse …

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CBZ commits $120k in Youth Entrepreneurs Programme

CBZ Holdings Limited says it will commit $120 000 into the Youth Entrepreneurs Programme (YEP) in line with the Reserve Bank of Zimbabwe’s 2016-2020 National Financial Inclusion Strategy. BY BUSINESS REPORTER CBZ group marketing and corporate affairs executive Laura Gwatiringa told NewsDay recently that the programme aimed to offer training …

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Tycoon primes Zim for growth

Africa Moyo Business Reporter Zimbabwe continues to be primed for massive economic take-off following the July 30 harmonised elections won by Zanu-PF, with revered global businessman Sir Richard Heygate saying the country will soon become the “light-house” of Africa. Sir Richard, who is credited for inventing the world’s first online …

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Bread, flour prices set to increase

INTERNATIONAL suppliers of wheat have reportedly hiked prices by $35 per metric tonne in response to rising shipment costs, a development likely to trigger a sharp increase in the prices of flour and bread among net importing countries such as Zimbabwe. By Freeman Makopa Although Grain Millers’ Association of Zimbabwe …

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