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Source: News 24

Harare :: Zimbabwe | updated 2014-07-28 08:24:46 -0700 | business-news

BAT Zimbabwe, the Zimbabwe unit of British American Tobacco [JSE:BTI] , on Friday put a smile on its shareholders' faces after it declared a 100% dividend payout.   After recording basic earnings per share of 26 cents, BAT declared a...
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Source: Africa Headlines

Harare :: Zimbabwe | updated 2014-07-27 19:54:07 -0700 | business-news

Ads by Google Victoria Falls Government is reviewing the existing 2004 policy guidelines on joint ventures in order to give legal force and fine tuning it to avoid uncertainties and delays in the processing of such projects. Finance and Economic...
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Source: News 24

Victoria Falls :: Zimbabwe | updated 2014-07-25 10:10:33 -0700 | business-news

Sugar cane farmers in Zimbabwe have received funding facilities amounting to US$32m from regional banking group BancABC and sugar producer Tongaat Hulett, while a new facility is to be offered by the bank before the end of this year. Experts...
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Source: Daily Nation

Harare :: Zimbabwe | updated 2014-07-23 12:50:06 -0700 | business-news

Savana Kenya is an online shopping platform with a delivery service. In Summary Launched last month, the platform is designed to bring convenience to shoppers by allowing them to buy goods online and have them delivered to their doorsteps within...
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Source: Venture Beat

Harare :: Zimbabwe | updated 2014-07-22 06:40:36 -0700 | business-news

LinkedIn is exploring location updates reminiscent of Foursquare and Sonar, according to LinkedIn designers  Mauroof Ahmed and Moses Ting . These experiments follow a series of moves from LinkedIn designed to boost engagement, including the acquisition of Newsle , the launch of  redesigned...
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Source: Africa Headlines

Harare :: Zimbabwe | updated 2014-07-20 08:19:19 -0700 | business-news

Ads by Google The Reserve Bank of Zimbabwe (RBZ) has requested technical assistance from the International Monetary Fund (IMF) to curb the rising non-performing loans (NPLs) that are threatening the survival of the banking sector. RBZ Statistics showed that the...
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Source: Africa Headlines

Harare :: Zimbabwe | updated 2014-07-18 07:32:52 -0700 | business-news

Only this week the International Monetary Fund (IMF) rang alarm bells after Zimbabwe contracted new non-concessional loans to the tune of US$300 million. This was despite an agreement that government would put a US$330 million ceiling on non-concessional external debt...
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Source: Africa Headlines

Harare :: Zimbabwe | updated 2014-07-13 10:35:44 -0700 | business-news

In the same period last year, net profit for the banking sector was US$0,47 million. "A total of 16 operating banking institutions recorded profits for the quarter ended March 31 2014," RBZ said. As of March 31, there were 15...
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Source: Africa Headlines

Victoria Falls :: Zimbabwe | updated 2014-07-10 05:20:05 -0700 | business-news

Farmers are at the centre of Africa's agricultural transformation agenda. Therefore, clear agricultural policies such as access to inputs including seeds and fertilizer, as well as credit facilities and extension services are needed to improve yields.
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Source: All Africa

Harare :: Zimbabwe | updated 2014-07-07 08:22:23 -0700 | business-news

Economic Development in Africa report recommended that African governments should create and strengthen linkages through developing and improving workforce skills as well as raising the adoptive capacity of local firms through the imposition of technology transfer requirements on Foreign...
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Source: Forbes

Harare :: Zimbabwe | updated 2014-07-06 12:26:27 -0700 | business-news

Masiyiwa maintains a public Facebook page through which he primarily mentors budding African entrepreneurs, reminiscing on his past experiences and offering lessons on success in business and life. It's a popular page with more than 350,000 likes, and the 53...
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Source: Africa Headlines

Harare :: Zimbabwe | updated 2014-06-29 12:20:57 -0700 | business-news

US$32 million debt to Seed Co and agreed to settle it inclusive of interest, the seed producer said last week. Seed Co supplied government with seeds during its interventions to cushion farmers against hardships especially during cropping seasons. Speaking at...
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Source: Mail and Guardian

Harare :: Zimbabwe | updated 2014-06-26 05:59:33 -0700 | business-news

Allan Gray is increasing its investment in Delta Fund, which owns Chibuku, a popular brand of Zimbabwean sorghum beer. (Tom Parker) Zimbabwe's deteriorating economy and a stock market that's fallen more than any other in Africa this year are doing...
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Source: Independent

Harare :: Zimbabwe | updated 2014-06-25 08:53:06 -0700 | business-news

Contact World Wednesday 25 June 2014 Zimbabwe banks seek 'Big Daddy' investors abroad as defaults rise * Loose lending leads to rising defaults * Five banks have closed since June 2012 * Banks seek foreign shareholders to recapitalise Published 25/06/2014...
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Source: The Nation

Harare :: Zimbabwe | updated 2014-06-23 11:29:02 -0700 | business-news

US downgraded Thailand to Tier 3 (lowest ranking) on the Trafficking in Persons (TIP) report...US downgrades Thailand to Tier 3 on human trafficking report The Department of State has blacklisted Thailand in the 2014 US State Department report on trafficking....
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