[Michael Hamlyn] The right-wing lobby group, Afri-Forum, has protested that the decision by the Zimbabwean authorities to freeze the bank accounts of Nestlé in the country shows that true political change has not yet come about there. 13 Oct 2009 12:16
The Dairy Board of Zimbabwe yesterday, 1 October 2009, informed the Gushungo Dairy Estate and the seven other farms with whom Nestlé Zimbabwe began working on a temporary basis in February 2009, that it is now in a position to resume purchasing their milk. Nestlé Zimbabwe therefore will no longer be receiving milk from these eight farms from Sunday, 4 October 2009. 2 Oct 2009 09:32
[Dumisani Ndlela] Standard Chartered Bank (Zimbabwe), the primary agent for Visa in Zimbabwe, announced the return of Visa this week, noting that it had started issuing bank customers with the cards on request. 23 Sep 2009 08:52
[Dumisani Ndlela] Zimbabwe's retail players are circumventing wholesalers in the country's supply chain as retail competition in the country intensifies. Retailers are seeking direct relationships with manufacturers in order to cut prices and keep customers in a highly competitive market. 17 Sep 2009 13:53
African Sun Limited announced on Tuesday, 8 September 2009, its expansion plans for its local and Zimbabwe operations to meet the influx of fans for the 2010 FIFA World Cup. Totalling US$ 60 million, it will raise the hospitality group's capacity to 8500 rooms by 2012 from the current 3000 rooms. 10 Sep 2009 11:34
[Dumisani Ndlela] It's no longer cheers for local wine and spirit lovers. Come August, they will pay more for wines and spirits, after finance minister Tendai Biti increased customs duty on these products. 20 Jul 2009 12:13
[Sam Hungwe] Zimbabwe's retail giant, Innscor Africa, which runs a boutique of franchised fast food outlets across the country, is experiencing a brand crisis due to declining standards. This emerged from court documents following the arrest, made by immigration authorities, of Omer Rouben an Israel national recruited to head its brand loyalty division and revitalise the faltering brands. 30 Mar 2009 13:58
[Sam Hungwe] Zimbabwe's central bank has ordered banks to start importing foreign currency from their nostro accounts as banks began grappling with increasing demand for foreign cash, bankers said. A nostro account is a bank account established in a foreign country for the purpose of holding that country's currency. 20 Feb 2009 10:53
[Bathandwa Mbola] PRETORIA: The issue of Zimbabwe, in particular the lifting of sanctions imposed by the European Union on that country, emerged in discussions between South African Foreign Affairs Minister, Dr Nkosazana Dlamini Zuma and the Bulgarian Deputy Prime Minister and Foreign Minister Ivaylo Kalfin late last week. 16 Feb 2009 10:45
The Zimbabwe dollar now seems to have lost all its appeal, and calls for the adoption of a foreign currency to replace the struggling monetary unit and put an end to the country's crippling hyperinflation are becoming louder. 22 Jan 2009 07:21
[Dumisani Ndlela] Alex Peterson has been in the retail business all his life. His family has run a fleet of businesses, which include supermarkets, beer outlets and butcheries, for over 45 years. 14 Oct 2008 15:23
[Gcina Ntsaluba] An estimated 20,000 people are expected to attend the annual Marula Festival which kicks off in Phalaborwa, Limpopo, today, 29 February 2008. 29 Feb 2008 06:11
News | from Biz Company Press Offices
With the 2010 FIFA World Cup just around the corner, not to mention glorious summer, the Rapid Kiosk is the natural choice for public events and portable, instant retail solutions. 11 Nov 2009 15:41