Saturday, December 20, 2014
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Business

Most workers to miss out on annual bonus

Most workers to miss out on annual bonus

EVEN though the 2015 National Budget maintained the tax threshold for bonuses at $1 000, it is unlikely every worker will receive their 13th cheque as most businesses are struggling to stay afloat, as the economy continues to perform badly. Since 2011 to date, recent ... Read More »

‘New tax regime to prop up local markets’

‘New tax regime to prop up local markets’

THE proposed changes to the tax regime highlighted in the 2015 National Budget are a welcome development as government is trying to prop up local markets and encourage investments, an analyst has said. Commenting on changes introduced by Minister of Finance and Economic Development, Patrick ... Read More »

Mutare demands share of diamond proceeds

Mutare demands share of diamond proceeds

Makoni South legislator Mandi Chimene has bemoaned deplorable roads in Mutare despite mega diamond mining activities in the Manicaland province. Debating in Parliament Tuesday, Chimene said the roads were in a sorry state, as the province was not getting a dime from the diamond mining ... Read More »

Consumer Protection Law long overdue

Consumer Protection Law long overdue

“Take care of the pennies and the pounds will take care of themselves,” says the hopeful English adage. This wise saying means if you take care of little things one at a time, they can add up to big things. In Zimbabwe it seems it ... Read More »

Banks are abusing customers:CCZ

Banks are abusing customers:CCZ

The Consumer Council of Zimbabwe (CCZ) has pin pointed banks as chief culprits in terms of consumer rights violations, as the country drives towards the alignment of consumer protection laws under the new constitution. Addressing members of the public during a consultation meeting on Consumer ... Read More »

Marvo workers go for 22 months without pay

Marvo workers go for 22 months without pay

MARVO Stationery Manufacturers employees in Bulawayo have gone for 22 months without pay and have said it would be a gloomy Christmas for them if the situation continues unabated. The employees are accusing Marvo management for devising tricks to frustrate the workers’ efforts to recover ... Read More »

EU finalising €234m support to Zim

EU finalising €234m support to Zim

NEW European Union (EU) ambassador to Zimbabwe, Philippe Van Damme has re-affirmed the bloc’s commitment to support Zimbabwe saying the European Development Fund (EDF) programme to Zimbabwe amounting to  €234 million will be finalised next week. The EU recently lifted measures under Article 96 of ... Read More »

Mayor laments shortage of hotels in Byo

Mayor laments shortage of hotels in Byo

Bulawayo mayor, Councillor Martin Moyo has lamented the shortage of top notch hotels in the city at a time when the city is readying to host high profile SADC visitors African Union Sports Council Region V Youth Games. Speaking at a Hospitality Association of Zimbabwe Congress ... Read More »

Companies implore retailers to prioritise local products

Companies implore retailers to prioritise local products

LOCAL MANUFACTURING firms have implored retailers to allocate them prime space in their outlets as this can scale up the rate of sale by as much as 30 percent. Speaking to journalists in Bulawayo during a Buy Zimbabwe tour of the city’s industries, United Refineries ... Read More »

Foreign products hurting us – Byo firms

Foreign products hurting us – Byo firms

LOCAL MANUFACTURERS in Bulawayo say foreign imports are still seriously hurting their operations adding that as long as local consumers do not support their products, the city’s economy will remain inert. Speaking during a Buy Zimbabwe tour of Bulawayo firms, directors from several leading manufacturers ... Read More »