Zimvest

The government has announced its intention to raise $100 million through the issue of Agro Bills for the financing of agricultural production in this upcoming season. The Government of Zimbabwe is the guarantor of the bills to be issued by the Agricultural Marketing Authority and “applications must be for a minimum of $10 000, and [...]

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Mining to increase power demand HARARE – Zimbabwe’s power demand is expected to increase significantly in 2012 on the back of industrial growth particularly in the energy intensive mining sector, Zimbabwe Electricity Transmission and Distribution Company (ZETDC) says. This will put more pressure on Zimbabwe, which currently imports 35 percent of its electricity from Mozambique, [...]

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Govt tightens screws on platinum miners GWERU — The government has hinted it will soon craft laws to stop platinum miners from exporting the unprocessed mineral after realising it is losing revenue and jobs to South Africa. Mines and Mining Development minister Obert Mpofu said the government was worried about loss of revenue and pilferage [...]

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The country’s leading hotel group Africa Sun which has operations both in Zimbabwe and outside Zimbabwe has just made public its results for its financial year ending 30 September 2011. The performance is quite mixed, the Zimbabwean operations have registered strong growth rates while the regional operations such as the South African hotel units suffered [...]

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Altfin launches medical aid scheme Altfin Holdings Limited subsidiary Altfin Medical Aid Scheme — in collaboration with mobile phone operator NetOne — yesterday launched a medical aid scheme called MedAccess to provide health access to the uninsured and employees in the informal sectors. Altfin Medical Aid Scheme will provide medical cover while NetOne will be [...]

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Managing strategic chance in a slow growing economy Speakers: T Hawkins- Economics Professor : Dr S. Ruturi : G Makings HR/IR practitioner Date: 7th December 2011 Cost: $450 per delegate Venue: Prayer Mountain, Harare Registration- The Business Ark Management Training and Consultancy 89 Beddington Close, Marlborough, Harare Telephone 263 772 491 278, 263 774 131 [...]

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One of the country’s leading retail outlets, OK limited, has just announced its set of financial results for the six month period ending 30 September 2011. The results show a staggering return to high profitability and revenue growth which only underlines the changed economic environment since dollarization of the economy. Highlights of the performance include [...]

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Mashonaland holdings is a Zimbabwe Stock exchange listed company involved in the developing of real estate property as well as property leasing. In the past few days it announced its financial results for the interim period ending 30 September 2011. The results again are quite consistent with the rate of economic recovery under the present [...]

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AICO is an agricultural and food processing group whose business units include Cottco, Seedco, Olivine Industries and Scottco and in the last few days it has made its financial results public. The results cover a period from 1 April to 30 September 2011 and are quite consistent with the rate of the whole economy. During [...]

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Tongaat Hulett Hippo Valley Estates which is one of Zimbabwe’s prime sugar producers based in the lowveld south east of Zimbabwe announced its financial results for the period ending 30 September 2011. The results show a staggering performance and really show that for some companies the economy has recovered totally. Revenues surged to $70 million [...]

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