Business

KFC Loses US$50 000, R30 000 To Robbers

SIX armed robbers raided KFC fast food restaurant in Msasa, Harare around midnight and got away with US$50 000, R30 000 and $19 000 after manhandling a security guard at the premises.

The six who were wearing balaclavas and armed with a pistol, blew up a safe which was in one of the
offices where they took away the cash.

Read More

Exchange rate stability crucial for growth in 2022 

WHEN the Reserve Bank of Zimbabwe’s (RBZ) foreign currency auction was still able to meet demand and timely disburse allotments to the market the results were there for all to see. 

Between the last quarter of 2020 and the first quarter of last year companies across sectors reported volume increases as demand picked up and in turn drove capacity utilization. 

Read More

‘Gvt To Engage In Public-private Partnerships On Housing Development’

Thupeyo Muleya, Beitbridge Bureau Government is engaging in Public and Private Partnerships (PPPs) to accelerate national housing development projects, a cabinet minister has said. National Housing and Social Amenities Minister, Daniel Garwe said such arrangements are very important for the successful implementation of key projects. He made the remarks during […]

Read More

Zimbabwe charms Kimberley Process

Sugar Chagonda in Moscow, Russia Zimbabwe has been commended for embracing the Initiative for Responsible Mining Assurance (IRMA) Standard by the Kimberley Process (KP) a development which has witnessed a significant reduction of reports of violence and other forms of social ills in the Marange diamond fields. The submission was […]

Read More

German Airline Eyes Victoria Falls Route

Leonard Ncube Eurowings Discover of Germany has made a commitment to start flying into Victoria Falls starting on March 30 next year. Victoria Falls will be the 5th destination in Africa for the airline that is wholly owned by Lufthansa Group and serving long-haul leisure destinations. Currently, Eurowings flies directly […]

Read More

RBZ blacklists 47 more illegal forex dealers

Sharon Munjenjema The Reserve Bank of Zimbabwe’s Financial Intelligence Unit has blacklisted 47 more individuals for engaging in illegal foreign currency transactions. This comes days after 30 others were named and shamed and also barred from operating bank and mobile phone money accounts for the next two years. The ban […]

Read More

Comesa Launches Insurance Verification Application

Thupeyo Muleya, Beitbridge Bureau The Common Market for Eastern and Southern Africa (Comesa) has through its Regional Third-Party Motor Vehicle Insurance (Yellow Card) Scheme launched a Digital Yellow Card Helpdesk System designed to track all queries reported by users. The facility allows National Bureaux, Primary Insurance Companies, and Motorists in […]

Read More

Protecting Your Business Idea.

When Leibniz, one of Europe’s eminent philosophers went public about his new theory of calculus, he did not expect to become Sir Isaac Newton’s perennial arch-enemy. The enigmatic Newton, with the aid of his old notes, asserted that he was the inventor of calculus, having generated the concept twenty years […]

Read More

Business Ideas That Pay

From Thomas Edison’s electric light bulb to our day, the path to the millionaires’ club is littered with brilliant spark-of-the-moment ideas. Who doesn’t know how Bill Gates and Mark Zuckerberg have transformed the business world through computer operating systems and Internet networks? Does everybody need to be some fairy tale […]

Read More

You Are The Capital!

For years you have been searching for capital to fund your business idea but to no avail. You have been seeking to escape poverty by forming your own enterprise but capital remains the challenge. You have been on the entrepreneurial road for all these years but your destination has remained […]

Read More