Vitafoam, a bed and mattress manufacturing company is on the verge of collapse following reports that workers have not been paid for the past 6 months. The company, owned by Home Affairs co minister Kembo Mohadi is also reportedly owing thousands of dollars to services ... Read More »
Category Archives: Business
Feed SubscriptionSouth Africa denies bleeding Zimbabwe industries
South African deputy minister of Trade and Industry Elizabeth Thabethe has denied that her country is aiding the closure of textiles industries in Zimbabwe, mainly in Bulawayo through its trade arrangements with China. South Africa has been criticised of allowing massive imports of cheap Chinese ... Read More »
Local companies contributing to unemployment- Bulawayo Mayor
Bulawayo Mayor Thaba Moyo on Tuesday took a swipe at companies trading in the city but hire workers from other regions saying such practices are worsening unemployment. Speaking during a reception for trade fair delegates, Moyo said such behavior is by local firms is ‘self ... Read More »
ZITF kicks off
The 54th edition of the Zimbabwe International Trade Fair(ZITF) the annual trade showcase kicked off today Tuesday in Bulawayo under the theme “Building Value, Enhancing Growth.” This year’s exhibition began with a water investment summit that was attended by Bulawayo City Council officials, government department ... Read More »
ZITF exhibition space uptake increases
The Zimbabwe International Trade Fair (ZITF) Company has sold 95 percent of the exhibition space, a percentage higher than total space sold during the same period last year. The annual trade exhibition which is in its 54th year kicks off next week in Bulawayo under ... Read More »
ZITF general manager steps down
Premier trade and business showcase, Zimbabwe International Trade Fair (ZITF) Company current general manager Daniel Chigaru is stepping down from the post in June after serving in the position for 10 years. The exhibition company said Chigaru’s deputy, Nomathemba Ndlovu would take over on July ... Read More »
Another Bulawayo company faces closure
Another Bulawayo company, Kalbro Upholstery faces closure with the company’s directors having given workers a month’s notice citing viability problems. Kalbro one of the city’s largest upholstery companies falls under the Karason group of companies owned by Mithal Kara. Kara is said to have told ... Read More »
Ritz Bottle Store owner evicted
Bulawayo’s popular beer outlet Ritz Bottle Store closed shop yesterday after owners of the premises evicted the operator. Bekithemba Moyo, Ritz Bottle Store owner has since been ordered to vacate the property situated at Number 2 Sanelda Court corner Robert Mugabe Way and 4th Street. ... Read More »
Woes mount on retrenched workers
by Mthokozisi Ndlovu The Ministry of Labour and Social Services approved the retrenchment of 1 681 workers nationwide from January to September this year, amid revelations from workers representatives that most employees retrenched during the last four years have not been paid their retrenchment packages. ... Read More »
2013 elections may disrupt economic growth: Biti
Finance minister Tendai Biti has warned that the projected 7,4% economic growth in 2013 may not be realised if the country slides into a chaotic poll. Addressing stakeholders at a pre-budget consultative meeting in Bulawayo on Thursday, Biti said the threat of an early election ... Read More »
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