Business – Nehanda Radio http://nehandaradio.com Zimbabwe News and Internet Radio Tue, 14 Aug 2018 19:40:47 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.8 http://nehandaradio.com/wp-content/uploads/2017/08/cropped-Nehanda-Radio-Favicon-512-32x32.jpg Business – Nehanda Radio http://nehandaradio.com 32 32 Businessman up for selling stand to 2 people http://nehandaradio.com/2018/08/14/businessman-up-for-selling-stand-to-2-people/ http://nehandaradio.com/2018/08/14/businessman-up-for-selling-stand-to-2-people/#comments Tue, 14 Aug 2018 18:40:20 +0000 http://nehandaradio.com/?p=187009 File picture of Harare Magistrates Court

A Harare businessman is facing fraud charges after reportedly selling one residential stand to two people. Taremeredzwa Manase, 31, the director Tallyo Concrete (Pvt) Ltd which is into brick manufacturing along Simon Mazorodze Road in Harare appeared before Harare magistrate Milton Serima charged with fraud involving $28 375.

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SeedCo introduces new maize varieties http://nehandaradio.com/2018/08/14/seedco-introduces-new-maize-varieties/ http://nehandaradio.com/2018/08/14/seedco-introduces-new-maize-varieties/#respond Tue, 14 Aug 2018 17:31:13 +0000 http://nehandaradio.com/?p=186994

Listed seed producer SeedCo Holdings has unveiled new maize varieties aimed at improving yields and reducing the impact of climate change.

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Caledonia intensifies safety measures http://nehandaradio.com/2018/08/14/caledonia-intensifies-safety-measures/ http://nehandaradio.com/2018/08/14/caledonia-intensifies-safety-measures/#respond Tue, 14 Aug 2018 17:23:13 +0000 http://nehandaradio.com/?p=186992 Blanket Mine workers process gold

New York Stock Exchange-listed resources firm Caledonia Mining Corporation (Caledonia) says it has intensified efforts to strengthen safety measures at its Zimbabwean unit, Blanket Mine, after four people died in fatal accidents in the last 18 months.

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Econet replaces Delta as ZSE heavyweight http://nehandaradio.com/2018/08/14/econet-replaces-delta-as-zse-heavyweight/ http://nehandaradio.com/2018/08/14/econet-replaces-delta-as-zse-heavyweight/#comments Tue, 14 Aug 2018 14:45:30 +0000 http://nehandaradio.com/?p=186950 Outside the Econet Wireless headquarters in Harare

Mobile operator Econet Wireless Zimbabwe Limited is now the biggest company on the Zimbabwe Stock Exchange (ZSE) by market capitalisation at $3,108 billion as of Friday last week, replacing Delta Corporation Limited from its long held position.

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Zimra relocates Gweru offices http://nehandaradio.com/2018/08/14/zimra-relocates-gweru-offices/ http://nehandaradio.com/2018/08/14/zimra-relocates-gweru-offices/#respond Tue, 14 Aug 2018 12:27:22 +0000 http://nehandaradio.com/?p=186941 ZIMRA offices in Harare (Picture by smezim.com)

The Zimbabwe Revenue Authority (Zimra) has advised its clients of disruptions in normal service delivery during relocation of their Gweru offices. Initially Zimra Gweru offices were located at the city’s government complex and will now be moving into Megawatt complex.

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High Court eases pressure on Chivayo http://nehandaradio.com/2018/08/13/high-court-eases-pressure-on-chivayo/ http://nehandaradio.com/2018/08/13/high-court-eases-pressure-on-chivayo/#comments Mon, 13 Aug 2018 15:31:15 +0000 http://nehandaradio.com/?p=186917 Wicknell Chivayo

Pressure has eased on embattled businessman Wicknell Chivayo after High Court bail-judge Benjamin Chikowero observed that the state’s case “was weak”.

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Cimas, Corporate 24 heal long-running rift http://nehandaradio.com/2018/08/13/cimas-corporate-24-heal-long-running-rift/ http://nehandaradio.com/2018/08/13/cimas-corporate-24-heal-long-running-rift/#respond Mon, 13 Aug 2018 14:57:58 +0000 http://nehandaradio.com/?p=186911 Cimas Medical Aid Society

Cimas Medical Aid Society has buried the hatchet with Corporate 24 Hospital Group, with the two resolving to continue working together again. Cimas suspended Corporate 24 from its direct payment system in 2015 citing irregularities that it had detected.

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Workplace accidents dent Blanket Mine safety record http://nehandaradio.com/2018/08/13/workplace-accidents-dent-blanket-mine-safety-record/ http://nehandaradio.com/2018/08/13/workplace-accidents-dent-blanket-mine-safety-record/#respond Mon, 13 Aug 2018 13:53:09 +0000 http://nehandaradio.com/?p=186907 Blanket Mine

Workplace accidents continue to dent the safety reputation of Gwanda-based Blanket Mine after two workers died on duty during the first and second quarter of 2018.

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Muchenje skipped board authority: Minister http://nehandaradio.com/2018/08/13/muchenje-skipped-board-authority-minister/ http://nehandaradio.com/2018/08/13/muchenje-skipped-board-authority-minister/#comments Mon, 13 Aug 2018 13:33:28 +0000 http://nehandaradio.com/?p=186903 Minister of Information Communication Technology (ICT) and Cyber Security Mr Supa Mandiwanzira seen here with Lazarus Muchenje

Information Communication Technology, Postal and Courier Services Minister Supa Mandiwanzira, says State-owned mobile telecoms company, suspended NetOne, chief executive (CEO) officer Lazarus Muchenje “fired” nine senior managers outside the knowledge and authority of the board or his ministry, the primary proxy of the State.

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ZB raises over $60m for ERRF http://nehandaradio.com/2018/08/13/zb-raises-over-60m-for-errf/ http://nehandaradio.com/2018/08/13/zb-raises-over-60m-for-errf/#respond Mon, 13 Aug 2018 12:11:51 +0000 http://nehandaradio.com/?p=186870

Listed financial services provider ZB Financial Holdings says it has so far raised over $60 million of the targeted $150 million under the second phase of the Emergency Road Rehabilitation Fund (ERRF).

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Chivayo out on $2 000 bail http://nehandaradio.com/2018/08/13/chivayo-out-on-2-000-bail/ http://nehandaradio.com/2018/08/13/chivayo-out-on-2-000-bail/#comments Mon, 13 Aug 2018 10:40:03 +0000 http://nehandaradio.com/?p=186851 Harare businessman Wicknell Chivayo appeared in court on allegations of defrauding the Zimbabwe Power Company (ZPC) of over $5 million.

Businessman and Intratrek Zimbabwe (Private) Limited director Wicknell Chivayo was last Friday granted $2 000 bail pending trial, after the High Court found that the prosecution case was weak to induce the businessman to flee the country and evade trial.

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New brick moulding firm for Redcliff http://nehandaradio.com/2018/08/13/new-brick-moulding-firm-for-redcliff/ http://nehandaradio.com/2018/08/13/new-brick-moulding-firm-for-redcliff/#comments Mon, 13 Aug 2018 10:15:56 +0000 http://nehandaradio.com/?p=186845

Houses for People (HFP), a brick moulding company, is set to begin operations in Redcliff, Kwekwe, after purchasing and setting up a state-of-the-art brick moulding machinery.

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Zim rail freight volumes rise http://nehandaradio.com/2018/08/12/zim-rail-freight-volumes-rise/ http://nehandaradio.com/2018/08/12/zim-rail-freight-volumes-rise/#comments Sun, 12 Aug 2018 15:43:04 +0000 http://nehandaradio.com/?p=186802

Zimbabwe’s national rail freight volumes are rising ever since government — with the help from the Diaspora Infrastructure Development Group and Transnet (DIDG-Transnet) — started rebuilding the National Railways of Zimbabwe (NRZ).

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Ex-minister in land row http://nehandaradio.com/2018/08/12/ex-minister-in-land-row/ http://nehandaradio.com/2018/08/12/ex-minister-in-land-row/#respond Sun, 12 Aug 2018 09:23:43 +0000 http://nehandaradio.com/?p=186705

Former Finance Minister Mr Christopher Kuruneri is embroiled in a land dispute with a miner whom he claims is conducting illegal activities on his farm.

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NetOne CEO faces fraud charges http://nehandaradio.com/2018/08/11/netone-ceo-faces-fraud-charges-2/ http://nehandaradio.com/2018/08/11/netone-ceo-faces-fraud-charges-2/#comments Fri, 10 Aug 2018 23:13:25 +0000 http://nehandaradio.com/?p=186576 Minister of Information Communication Technology (ICT) and Cyber Security Mr Supa Mandiwanzira seen here with Lazarus Muchenje

SUSPENDED NetOne chief executive officer Mr Lazarus Muchenje, is reportedly facing criminal investigations in South Africa and the Democratic Republic of Congo over allegations of defrauding his previous employer Intarget Mobile Advertising of an undisclosed amount.

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