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Articles Posted in the business Category
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Girl Born Without Ears
Naleyah Taylan Tibbetts has to undergo an auditory brainstem operation after she was born with atresia microtia; a condition where one suffers from the underdevelopment of one’s ears. The 11-month-old’s operation, which is estimated to cost over R200,000, is expected to take place within the next 15 months at the Muelmed Medi-Clinic in Pretoria. “Naleyah [...]
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Cyril Karabus Back In SA
Professor Cyril Karabus finally arrived home on May 17, 2013. He landed in Cape Town on Friday, where a whole group of supporters gathered to welcome him back home. Professor Karabus was detained in the United Arab Emirates since August 2012 after he was charged with manslaughter when one of his patients died from Leukaemia. [...]
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AIRZIM CASHES IN ON ZITF
BULAWAYO — Cash-strapped Air Zimbabwe (AirZim) is cashing in on the on-going Zimbabwe International Trade Fair (ZITF) with all its flights into the second city fully booked until the end of the business jamboree on Sunday. AirZim, which is saddled with huge debts, has been flying domestic routes three times a week, but the national passenger carrier [...]
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Govt to launch leather sector policy
THE Government will this year launch a leather sector strategy as it believes the sector presents investment opportunities in value addition , Industry and Commerce Minister Professor Welshman Ncube said yesterday. Addressing delegates at the Zimbabwe International Business Conference in Bulawayo, Prof Ncube said it was critical for the country to invest in value addition to bring about [...]
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‘Rehabilitate Beitbridge border post to quicken clearing of goods, passengers
THE Government has been urged to channel resources towards the rehabilitation of the Beitbridge border post to speed up the clearance of passengers and goods. Speaking at a civic reception to welcome exhibitors and the business community to the Zimbabwe International Trade Fair on Tuesday night, Bulawayo Mayor Councillor Thaba Moyo said authorities should address challenges facing the [...]
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US lifts sanctions on two banks
THE United States government said Wednesday it had removed sanctions against the state-owned Agricultural Development Bank of Zimbabwe and the Infrastructure Development Bank of Zimbabwe. The banks were among institutions and individuals slapped with sanctions by the US more than a decade ago over allegations of electoral fraud and human rights abuses. On Wednesday the U.S. Treasury [...]
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Mr Ugly pageant grows in popularity
AT its inauguration, many took the pageant for those deemed to be “ugly” as a big joke. It seemed awkward that there was a pageant for those who were defined as ugly. But who would think that in just a few years time the pageant would be one of the most popular events on the [...]
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Govt in bid to cede Byo Power Station to BCC
GOVERNMENT is deliberating on handing over the administration and operations of the Bulawayo Thermal Power Station to the Bulawayo City Council (BCC), a Cabinet official has said. State Enterprises and Parastatals Minister Gorden Moyo said his would be part of the restructuring of the Zimbabwe Electricity Supply Authority (Zesa) Holdings which was now waiting for [...]
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Sheik opens US$10m purse to ACR
Until the recent visit to Zimbabwe, few on the local market knew about either the Emirate of Ras Al Khaimah — one of the emirates of the UAE — or its ruler, Sheikh Saud Bin Saqr Al Qasimi. However, the emirate, through its investment vehicle Brimfell Investment Holdings, recently shelled out 7 million British pounds [...]
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Residence-based tax system commendable
ZIMBABWE’S proposed residence based tax system which comes into effect in January 2014 will be simpler and more user friendly and is intended to widen the country’s tax base, a local taxation expert has said. Presenting an analytical paper at the Zimbabwe Independent Dialogue series in Harare last week, Max Mangoro, a partner with Ernst [...]
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