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Shoprite, Pick n Pay scramble to pull products linked to deadly listeriosis

Shoprite hikes six months turnover to R71bln

March 05 2018- SUPERMARKET giants Shoprite and Pick n Pay on Sunday indicated they are withdrawing all products linked to the source of the world’s largest outbreak of listeria, which claimed 180 lives. This followed a safety recall by the National Consumer Commission after Tiger Brands subsidiary, an Enterprise Foods factory in Polokwane, was identified as the source of the ... Read More »

Britain and EU divided over funding Zimbabwe

12 February 2018 – BRITAIN and the European Union are reportedly divided over “the funding and support” to be given to Zimbabwe’s new administration led by Emmerson Mnangagwa. According to the privately owned Zimbabwe Independent newspaper, the British government was on an “aggressive drive” to bail out its former colony as “quickly as possible” but the EU had adopted a ... Read More »

Zims in SA pledge to invest back home

January 13 2018 – AFTER Zimbabwean President Emmerson Mnangagwa addressed a highly subscribed business indaba in Pretoria, South Africa recently , to lure Zimbabwean businesspeople there , a firm with a net worth of R100 million (US$8,1 million), is already working towards investing back home. ALW Investments, a multi-disciplinary small to medium enterprise, has interests in construction, engineering and facilities ... Read More »

New social chat group app for Zims launched

January 10 2018 – ZIMBABWEAN technology experts have introduced Wangu, a social chat application that connects Zimbabweans worldwide and makes linking with friends and discovering local content and information easier, more fun and culturally relevant. Wangu allows users to find and connect with Zimbabweans nearby, whether in Harare, Johannesburg or Tokyo. Wangu was created and co-founded by Farai Mundangepfupfu – ... Read More »

Bids to buy loss making Zim parastatals opened

January 04 2018 – ZIMBABWE has invited bids for stakes in up to eight loss-making state-owned enterprises, including its national airline and power utility, to help plug a ballooning budget deficit, its deputy finance minister said on Wednesday. President Emmerson Mnangagwa, who took over from Robert Mugabe two months ago, is under pressure to deliver on his promises to ease ... Read More »

Unprepared Nadal withdraws from Brisbane tournament

December 28 2017 – WORLD number one men’s tennis player, Rafa Nadal’s preparations for next month’s Australian Open have suffered a blow after he was a late withdrawal from the Brisbane International tournament on Thursday. The 31-year-old Spaniard has not played since he withdrew from the season-ending World Tour Finals in London in November with a knee injury. He had ... Read More »

Zim SA Forum to invest US$800m in Zimbabwe

December 28 2017 – DIASPORANS, through the Zimbabwe-South Africa (Zim-SA) Forum, plan to invest about $800 million in the country, targeting agriculture, aviation and mining sectors following last week’s visit to South Africa by President Emmerson Mnangagwa, who met the business community in that country during an oversubscribed luncheon that was organised by the Zimbabwean Embassy. Air Zimbabwe is likely ... Read More »

Vast mines’s revenues in Zimbabwe and Romania go up

December 27 2017 – MINING group Vast Resources says its revenue rose five percent to $US 14.9 million in the half year to September 2017 from its two operational mines in Romania and Zimbabwe. The company also reported a 45 percent decrease in overhead expenses to $2.5 million and a loss before taxation of $US12.6 million compared with a profit ... Read More »

SA economy deeply troubled

December 12 2017 – SA considered by most Zimbabweans as a better option for jobs and opportunities is itself facing deepening problems with the the Steel and Engineering Industries Federation of Southern Africa (Seifsa) saying on Tuesday that its employment statistics showed signs of a “deeply troubled economy” and was a serious cause for concern. This comes after Statistics SA ... Read More »

Price increases persist in Zim

December 11 2017 – INDUSTRY, Commerce and Enterprise Development minister Mike Bimha says he is saddened by persistent price increases obtaining in the country, despite several recommendations done by an interministerial task force to resolve the problem. Speaking at the Zimbabwe National Chamber of Commerce business review conference recently, Bimha urged industry players to desist from unwarranted price hikes. “This ... Read More » • Free Website Templates - Downlaod Full Themes
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