Who said smaller is not better?
IT is only in cars that smaller is better. Gone are the days when driving the biggest car in terms of length, weight, width and engine capacity was fashionable.
Nyambirai acquires US$2,1m properties.
DEALMAKER and businessman Mr Tawanda Nyambirai has acquired a US$1,6 million commercial property in Harare’s Southerton industrial area in his latest deal.
NetOne upgrading Harare mobile switching centre.
NETONE is currently undertaking a systems upgrade on the Harare- based Mobile Switching Centre (MSC) in line with the network’s expansion drive.
REA in US$2m empowerment drive.
THE Rural Electrification Agency (REA) has spent US$2 million under its Electricity End Use Infrastructure Development (EEUID) in its bid to empower the rural population.
Debt collectors moot regulatory body.
THE Association of Debt Recovery Agencies — a grouping of over 80 percent of debt collectors and credit granters — has ratcheted up advocacy for the creation of a Council of Debt Collectors in order to promote international best practice and better regulate the industry, it has been learnt.
King Mswati III hails President Mugabe.
King Mswati III of Swaziland says through integration Comesa member states are in a better position to harness their enormous natural resources for the benefit of their peoples at all levels, adding that experience shows that this is the only way to make real progress.
Dark cloud over tax registers.
WITH 26 days left before the cut-off date for retailers to install fiscalised electronic tax registers and fiscal memory devices, it is increasingly likely that the deadline will be missed on allegations a “cartel” owning Point of Sale (POS) devices is reluctant and are even refusing outright to interface their systems.
Gvt backtracks on vehicle imports.
THE Ministry of Environment and Natural Resources Management has backtracked on its earlier decision to ban second-hand vehicle imports.
The retail pricing saga deepens.
IT seems the deep-seated mistrust between Government, business and consumers has simply been inherited from the old political and economic dispensation to the new one.
BancABC loses deal
BOTSWANA-BASED lender BancABC, which has a 15 percent shareholding in PG Zimbabwe, is currently locked in a marriage of convenience and is struggling to unwind its position in the firm after a foreign investor who was interested in snapping up the equity was spooked by empowerment legislation.
Malunga new ICAZ president.
THE Institute of Chartered Accountants of Zimbabwe (ICAZ) has elected Mr Canada Malunga its new president.
Buying high-density property.
THIS week we want to do justice to the idea of buying property in the high-density suburbs. You will recall that the preceding article dwelt on buying flats.