Govt subsidy chokes Natfoods
NATIONAL Foods Holdings Ltd (Natfoods) has been negatively affected by the high price offered by the Grain Marketing Board (GMB) for maize, seeing its profit reduced to $13,7 million in … Read More
Author: Bulls n Bears
Govt offers sweetener to foreign airlines
THE government is considering waiving navigation and landing fees to lure new airlines into the destination, in an ambitious drive to grow the tourism sector. The tourism sector is considered … Read More
Needs analysis for procurement planning
Needs analysis is the last activity from spend analysis, following from a market analysis when developing a procurement plan. Market analysis provides the buyer with a strong understanding of the … Read More
URL goes grocery, eyes regional markets
UNITED Refineries Limited (URL) has expanded its range as a food and grocery products manufacturer, focusing on servicing local, regional as well as international markets, an official has URL chief … Read More
Nicoz gross premium jumps 6pc
ZIMBABWE’s biggest short-term insurer, NicozDiamond, says its gross premium written for eight months to August 2017 surged 6 percent to $30 million driven by business generated from new channels. General … Read More
fastjet rekindles growth plans
fastjet Plc will begin flying from Mozambique this year and expects to start internal South African services in 2018 as it rekindles growth plans put on hold as losses mounted. … Read More
How a hobby became a business for designer duo
Ugandan entrepreneur Enid Lanez and Ethiopian designer Hebret Lakew met at their children’s school in Nairobi after relocating to Kenya about a decade ago. The two moms struck a friendship … Read More
Govt pays $5m to gold miners weekly
Government is shelling out US$5 million towards payment for gold delivered by small-scale miners, which is weighing down the availability for physical cash for ordinary citizens, a Cabinet minister has … Read More
Turnall seeks to arrest earnings decline
BUILDINGS and associated industries concern, Turnall Holdings Limited’s restructuring of its balance sheet is expected to be completed this year as the group focuses on reversing earnings declines experienced in … Read More
US stocks surge as dollar rebounds
US stocks surged to all-time highs and the dollar rebounded as Treasury yields rose on reports that President Donald Trump is meeting with former Federal Reserve Governor Kevin Warsh to … Read More
