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Zimbabwean duo in court over killing of Cecil the lion

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Posted by admin 5 days ago (http://www.financialgazette.co.zw)
TWO Zimbabweans who were paid $50,000 by an American hunter who killed ‘Cecil’, the southern African country’s best-known lion, arrived in court on Wednesday to face poaching charges, in a case that has triggered widespread revulsion at trophy hunting. Walter James Palmer, a dentist from Minnesota, has also been accused by wildlife officials of killing ...

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The law can be amended – Mugabe

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Posted by admin 5 days ago (http://www.financialgazette.co.zw)
PRESIDENT Mugabe has called for the urgent amendment of the Labour Act Act which has triggered an avalanche of job losses in the country based on the recent Supreme Court ruling on termination on three months notice. Addressing guests attending the Global Small to Mediums Enterprises Expo, President Mugabe said the Labour Relations Act was ...

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Investor insights: Startups in Ghana are not just locally, but globally relevant

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Posted by admin 6 days ago (http://feedproxy.google.com)
Ross Baird — Executive Director of Village Capital — reports from Nairobi, Accra and Lagos this week. He joins digital pioneers Jean and Steve Case along with the Case Foundation from the U.S. in exploring the entrepreneurial ecosystems in Kenya, Ghana and Nigeria. See his previous post on the Nairobi ecosystem. The trip wraps up Friday in Lagos. “Startups are the seed corn of the future econom

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Zimra H1 revenue collection 6pct below target

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Posted by admin 6 days ago (http://source.co.zw)
HARARE, July 29 (The Source) – Zimbabwe’s tax collector says revenue collection for the first half of the year totalled $1,66 billion, nearly six percent behind the $1,76 billion target as most tax heads underperformed due to a weakening economy. Comparatively, the collections were three percent lower than the $1,72 billion collected last year, as […]

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Advanced technology increasingly shaping Africa’s financial sector

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Posted by admin 7 days ago (http://www.financialgazette.co.zw)
THE African financial services industry is rapidly evolving as a result ofadvancing technology which is fueling innovation and growth in the sector. While the sector is mature in most developed countries, it is less saturated in Africa, therefore offering many opportunities for new market entrants to challenge the status quo of how business has traditionally ...

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Mimosa in record Q4 production, revenue falls on weak prices

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Posted by admin 6 days ago (http://source.co.zw)
HARARE, July 28 (The Source) – Bermuda-headquartered platinum miner, Aquarius Platinum said production at its 50 percent owned Zimbabwe unit, Mimosa Mine, reached a record high of 60,035 ounces for platinum group metals (4E) in the fourth quarter to June, but revenue fell two percent to $62 million as metal prices continue to fall. In […]

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Econet says $26mln interconnection debt could paralyse telecoms sector

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Posted by admin 6 days ago (http://source.co.zw)
HARARE, July 28 (The Source) – Zimbabwe’s largest mobile phone operator Econet Wireless says failure to pay interconnection fees by its state-owned rivals —  NetOne and fixed line phone operator TelOne amounting to over $26 million in the last five years — could paralyse the telecoms sector. Econet said in its annual report that it has strong […]

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Zinara seeks govt intervention on $250mln road deal for Harare

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Posted by admin 6 days ago (http://source.co.zw)
By Kuda Chideme, HARARE, July 28 (The Source) – Zimbabwe’s road authority says it will seek government invention to reverse a decision by Harare City Council to reject a deal in which the local authority could access more than $200 million to finance rehabilitation of the capital’s decaying road network. Council this year turned down […]

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