Business – Nehanda Radio http://nehandaradio.com Zimbabwe News and Internet Radio Mon, 11 Dec 2017 12:32:23 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.1 http://nehandaradio.com/wp-content/uploads/2017/08/cropped-Nehanda-Radio-Favicon-512-32x32.jpg Business – Nehanda Radio http://nehandaradio.com 32 32 NRZ to order 400 wagons, 14 locos http://nehandaradio.com/2017/12/10/nrz-order-400-wagons-14-locos/ http://nehandaradio.com/2017/12/10/nrz-order-400-wagons-14-locos/#comments Sun, 10 Dec 2017 10:31:54 +0000 http://nehandaradio.com/?p=161355 National Railways of Zimbabwe (NRZ) trains

The Government is set to procure 400 wagons and 14 locomotives for the National Railways of Zimbabwe (NRZ) under the $400 million recapitalisation deal, a Cabinet Minister has said.

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Masiyiwa, Tinashe make big waves http://nehandaradio.com/2017/12/10/masiyiwa-tinashe-make-big-waves/ http://nehandaradio.com/2017/12/10/masiyiwa-tinashe-make-big-waves/#comments Sun, 10 Dec 2017 09:50:40 +0000 http://nehandaradio.com/?p=161345

Two Zimbabweans, Econet Wireless founder and chairman Strive Masiyiwa and pop sensation Tinashe are among the people listed New African magazine’s 100 Most Influential Africans of 2017.

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Mash Holdings revenue down http://nehandaradio.com/2017/12/09/mash-holdings-revenue/ http://nehandaradio.com/2017/12/09/mash-holdings-revenue/#respond Sat, 09 Dec 2017 15:06:14 +0000 http://nehandaradio.com/?p=161258 Mashonaland Holdings board chairperson, Ron Mutandagayi

Property firm Mashonaland Holdings (Mash Holdings) says its revenues went down by 14 percent to $4,7 million in the full year to September 2017 due to company closures resulting in increased voids.

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BNC profits up 46 percent http://nehandaradio.com/2017/12/09/bnc-profits-46-percent/ http://nehandaradio.com/2017/12/09/bnc-profits-46-percent/#comments Sat, 09 Dec 2017 14:55:57 +0000 http://nehandaradio.com/?p=161255 Bindura Nickel Corporation Mine (Trojan Nickel Mine) in Bindura

Listed mining concern, Bindura Nickel Corporation (BNC), has posted a $2,23 million profit after tax in the half year to September representing a 46,8 percent increase from $1,18 million reported in the comparable period last year.

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TelOne launches new home broadband packages http://nehandaradio.com/2017/12/09/telone-launches-new-home-broadband-packages/ http://nehandaradio.com/2017/12/09/telone-launches-new-home-broadband-packages/#comments Sat, 09 Dec 2017 14:48:52 +0000 http://nehandaradio.com/?p=161250

Fixed telecommunications services operator, TelOne, has unveiled new home broadband packages which are technology neutral and offer flexible packages from as low as $1 in response to the feedback and needs of the clients,.

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Chivayo Zesa deals under scrutiny http://nehandaradio.com/2017/12/08/chivayo-zesa-deals-scrutiny/ http://nehandaradio.com/2017/12/08/chivayo-zesa-deals-scrutiny/#comments Fri, 08 Dec 2017 20:09:28 +0000 http://nehandaradio.com/?p=161209 Managing director of Intratrek Zimbabwe Mr Wicknell Chivayo smiles as project director Mr Kevin Makoni signs

The Zimbabwe Electricity Supply Authority Holdings (Zesa) board will meet next week to deliberate on energy contracts awarded to dodgy businessman Wicknell Chivayo amid reports parliament will soon move a motion requesting the Zimbabwe Power Company (ZPC) to cancel energy deals that were awarded to his Intratrek company, the Zimbabwe Independent has heard.

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Econet revenue, market share surge http://nehandaradio.com/2017/12/08/econet-revenue-market-share-surge/ http://nehandaradio.com/2017/12/08/econet-revenue-market-share-surge/#comments Fri, 08 Dec 2017 14:53:36 +0000 http://nehandaradio.com/?p=161203 Outside the Econet Wireless headquarters in Harare

Leading mobile network operator (MNO) Econet Wireless Zimbabwe has extended its mobile market leadership by growing its revenue market share to 82 percent, and increasing its customer market share to 52 percent between July and September 2017.

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Zinara apologises for long queues http://nehandaradio.com/2017/12/08/zinara-apologises-long-queues/ http://nehandaradio.com/2017/12/08/zinara-apologises-long-queues/#comments Fri, 08 Dec 2017 14:49:13 +0000 http://nehandaradio.com/?p=161201 Zinara vehicle licensing inspector, David Masinge stresses a point to Bulawayo police spokesperson Inspector Precious Simango

Zimbabwe National Road Administration (Zinara) has apologised for unusually long queues at due to the use of cashless payment methods.

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Brace for Zimdollar return: Mutsvangwa http://nehandaradio.com/2017/12/08/brace-zimdollar-return-mutsvangwa/ http://nehandaradio.com/2017/12/08/brace-zimdollar-return-mutsvangwa/#comments Fri, 08 Dec 2017 12:58:17 +0000 http://nehandaradio.com/?p=161190 Christopher Mutsvangwa (centre) speaks during a press conference in Harare. (Photograph: Jekesai Njikizana/AFP/Getty Images)

President Emmerson Mnangagwa’s government will soon reintroduce the Zimbabwean dollar which will be anchored by international goodwill, Special Advisor to the President Chris Mutsvangwa has said.

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BCC sticks to original Egodini contractor http://nehandaradio.com/2017/12/08/bcc-sticks-original-egodini-contractor/ http://nehandaradio.com/2017/12/08/bcc-sticks-original-egodini-contractor/#comments Fri, 08 Dec 2017 04:17:22 +0000 http://nehandaradio.com/?p=161172 What the Egodini Shopping Mall will look like once complete

The Bulawayo City Council has resolved to hand over the $60 million Egodini Mall project site to the contractor, Terracotta Private Limited, at the end of next month, with construction work expected to start within 30 days after the hand-over.

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Individual fuel imports banned http://nehandaradio.com/2017/12/08/individual-fuel-imports-banned/ http://nehandaradio.com/2017/12/08/individual-fuel-imports-banned/#comments Fri, 08 Dec 2017 03:31:12 +0000 http://nehandaradio.com/?p=161161

Government has banned importation of fuel by individuals. In a notice issued by the Zimbabwe Energy regulatory Authority (Zera) yesterday, Government said it has repealed Statutory Instrument (S.I.) 171 of 2015 Control of Goods (Petroleum Products Prices) Amendment Number 5 that allowed members of the public to import up to 2 000 litres of fuel per month for personal use without a Zera licence.

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NRZ revival will cut transport costs: Gumbo http://nehandaradio.com/2017/12/08/nrz-revival-will-cut-transport-costs-gumbo/ http://nehandaradio.com/2017/12/08/nrz-revival-will-cut-transport-costs-gumbo/#respond Fri, 08 Dec 2017 02:42:11 +0000 http://nehandaradio.com/?p=161146 National Railways of Zimbabwe (NRZ) trains

The scheduled resuscitation of the National Railways of Zimbabwe (NRZ) will go a long way in preventing the damage of national roads, Transport and Infrastructure Development Minister Dr Jorum Gumbo has said.

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All set for Harare-B/Bridge dualisation http://nehandaradio.com/2017/12/08/set-harare-b-bridge-dualisation/ http://nehandaradio.com/2017/12/08/set-harare-b-bridge-dualisation/#comments Fri, 08 Dec 2017 02:33:58 +0000 http://nehandaradio.com/?p=161144 Transport and Infrastructural Development Minister Dr Joram Gumbo exchange Beitbridge Road construction documents with Geiger International

Austrian construction giant, Geiger International, the contractor engaged by Government for the Harare-Beitbridge Highway, has completed surveying the road, paving way for the commencement of the multi-million dollar project.

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Moyo, Kasukuwere bank accounts frozen http://nehandaradio.com/2017/12/08/moyo-kasukuwere-bank-accounts-frozen/ http://nehandaradio.com/2017/12/08/moyo-kasukuwere-bank-accounts-frozen/#comments Fri, 08 Dec 2017 02:22:28 +0000 http://nehandaradio.com/?p=161139 Saviour Kasukuwere and Jonathan Moyo

Government has frozen bank accounts of former Higher and Tertiary Education, Science and Technology Development Minister Professor Jonathan Moyo and his former Local Government, Public Works and National Housing counterpart Mr Saviour Kasukuwere, pending investigations in their business activities.

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Economic cleansing process begins http://nehandaradio.com/2017/12/08/economic-cleansing-process-begins/ http://nehandaradio.com/2017/12/08/economic-cleansing-process-begins/#comments Fri, 08 Dec 2017 02:17:13 +0000 http://nehandaradio.com/?p=161137 Finance and Economic Development Minister Patrick Chinamasa presents his 2018 National Budget proposals in Parliament

Government has started a cleansing process targeting unlawful and illegitimate transactions, money laundering, externalisation of foreign currency and underground foreign exchange deals, Finance and Economic Development Minister Patrick Chinamasa has said.

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