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Innscor H1 profits up 23 percent, seeks to dispose of tourism unit Shearwater
Innscor declare an interim dividend of 0,30 cents.Innscor Africa Limited registered a 23 percent increase in profits to $15,9 million in the six months to December 31, 2015 up from $12,9 recorded in...
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Zimbabwe plans sharp wage bill cut, ‘satisfied’ IMF sees 1,4 percent growth...
Minister of Finance Patrick Chinamasa, IMF mission, Dominic Fanizza and RBZ Governor John Mangudya. Pic by The Source.co.zwZIMBABWE will sharply cut its public sector wage bill from 82 percent of...
View ArticleEconet responds to market forces, reduces price on its Home Power Station, again
By Nigel GambangaEarlier today the operator announced, on social media, a clearance sale for the HPS which will see the price being reduced by $50 to $49. The offer is valid while stocks last and it...
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Zimbabwe sets up innovation fund, seeks to create own ‘Silicon Valley’
ICT Minister Supa MandiwanziraZIMBABWE’s government and telecommunications sector will partner to set up a fund to support and promote budding innovators in the country’s information technology sector,...
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RBZ targeting national financial inclusion of up to 90 percent by 2020
RBZ Chief, John MangudyaTHE Reserve Bank of Zimbabwe is targeting national financial inclusion of up to 90 percent by year 2020 from 69 percent as part of efforts to foster economic and social...
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Government to remap new boundaries for acquired land
Finance Minister Patrick ChinamasaFINANCE Minister Patrick Chinamasa has said Government will soon remap new boundaries of land that was acquired under the land reform programme while any gazetting of...
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IDBZ targeting 20 000 housing stands by 2018
The bank is also expected to assist local authorities in project preparation to bankability stage and in the process strengthening the case of obtaining bonds borrowing power certificates from the...
View ArticleNetOne boss Reward Kangai suspended as operator is plagued by allegations of...
By Nigel GambangaReward Kangai, the chief executive officer of Zimbabwe’s second largest mobile operator, NetOne, has been suspended for three months as the operator prepares for a forensic audit to...
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NetOne boss Reward Kangai suspended
NetOne CEO Reward KangaiREWARD Kangai, the chief executive officer of Zimbabwe’s second largest mobile operator, NetOne, has been suspended for three months as the operator prepares for a forensic...
View ArticleZimbabwe’s draft e-Waste Policy to be ready by mid-2016 as government...
By Nigel GambangaThe good news is that the government is aware of the e-waste challenge and steps are underway to curb any risks that it brings. According to the Permanent Secretary in the Ministry of...
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Treasury struggles to recover loans from ‘broke’ parastatals
Finance Minister Patrick ChinamasaTHE Ministry of Finance and Economic Development will go to all lengths possible to recover millions of dollars in loans extended to parastatals and state enterprises...
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Civil Service Commission says reforms to save US$400 million annually, no...
Finance Minister Patrick ChinamasaTHE Civil Service Commission (CSC) said it has recommended to government a raft of reforms that will save Treasury $400 million annually but ruled out...
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Michael Jackson’s estate reaps US$750 million in Sony venture exit
The late Michael Jackson performing at the 12th Annual MTV Video Music Awards at Radio City Music Hall in New York City on September 7, 1995. (Photo by Kevin Mazur/WireImage)Sony Corporation, betting...
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Czech leader accuses Turkey of ‘blackmailing’ EU over refugees
Czech President Milos ZemanThe Czech Republic on Tuesday alleged Turkey was “blackmailing” the EU with demands for extra cash to curb the flow of refugees and migrants to member state Greece.Under a...
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Juve’s Dybala and Marchisio ruled out of Bayern game
Juventus’ Paulo Dybala celebrates after scoring the first goal. PICTURE: REUTERS Juventus will be without striker Paulo Dybala and midfielder Claudio Marchisio when they face Bayern Munich in their...
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“Racist” Chris Hart resigns
Controversial Standard Bank analyst Chris Hart has resigned.Controversial Standard Bank analyst Chris Hart has resigned. Hart’s resignation follows his suspension over a “racist” tweet that went viral...
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Deputy Chief Constable to stand down following journalist spy row
Neil Richardson was previously a candidate for Chief Constable A deputy chief constable who was in charge of the Unit that illegally spied on journalists’ sources is to retire within months.Neil...
View ArticleThe real reason severe load shedding ended in Zimbabwe
By L.S.M KabwezaWondering who to thank for severe load shedding ending in Zimbabwe? A report on Bloomberg this week might answer that question. According to the publication, demand for electricity in...
View ArticleHow we can capitalise on mHealth opportunities in Africa
By Dr Marlon-RalphThe key to meeting this demand for innovation in health is a collaboration between health professionals and the IT experts or software developers. However, my personal experiences in...
View ArticleLatest POTRAZ report shows an increase in Zimbabwe’s mobile and internet...
By Nigel GambangaThe national telecoms regulator, POTRAZ, has released its latest report showing a rise in Zimbabwe’s mobile penetration and internet use.Articles appeared first on Techzim;Latest...
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