Category: Business

Entrepreneurship incubation programme launched

The National Business Council of Zimbabwe has launched an entrepreneurship incubation programme for women and youths in partnership with a religious organisation to drive the broad-based economic empowerment agenda. Under the programme, women and youths will undergo entrepreneurship training to equip them with business skills, thereby ensuring that they become active participants in the economy and contribute to the national development agenda. National Business Council of Zimbabwe President, Mr Langton Mabhanga said the entrepreneurship programme is in line with the national thrust of ensuring an empowered society and a growing economy. A business entrepreneur, Professor Mufaro Gunduza hailed the partnership between the business organisation and the Great Restoration and Deliverance International Ministries as critical in ensuring that women and youths become leading entrepreneurs. Women and youths constitute the majority of the population in the country and the government is advocating various demographic groups to tap into the entrepreneurship programme to ensure that citizens actively participate in the...

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NRZ banks on investment deal

The National Railways of Zimbabwe (NRZ) says the deal to resuscitate the bulk goods and passenger carrier will help turn-around the fortunes of the company. In his address to stakeholders after a tour of the institution by the Zimbabwe Defence University students, NRZ Chairman, Mr Larry Mavhima said the cabinet approval of the parastatal’s deal with a business consortium, the Diaspora Infrastructure Development Group and South Africa’s Transnet will breathe fresh air to the institution. He said NRZ has recorded successive improvements in its financial position from the first to the third quarter of this year as measures to...

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Local firms honoured

Companies and individuals who excelled in the customer service sector have been honoured for their efforts in delivering top notch service to consumers. Several firms scooped awards for delivering good service to customers at an awards ceremony in Harare. Acting Permanent Secretary in the Ministry of ICT, Postal and Courier Services, Mr Cosmas Chigwamba said the level of customer service delivery in the country is impressive although more can be done in order to meet ever changing consumer demands. Latest figures from the Chartered Institute of Customer Management have rated the customer satisfaction index at a national average of 75 percent with the hospitality industry leading at 84.7 percent, followed closely by the medical aid sector at 84.6 percent, the long term insurance sector had a customer satisfaction rating of 81.5 percent, while the airline sector has the lowest rating at 66.4...

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SMEs expo ends on high note

The SMEs International Expo has ended in Harare, amid optimism that linkages created over the last four days will translate to increased business opportunities.  SMEs International Expo Chairman, Mr Delight Makotose said what remains is for entrepreneurs to exploit the linkages and contacts that were established in order to expand market share. The expo, which ran under the theme: ‘Adhering to Good Corporate Governance and Standards for Global Competition,’ attracted hundreds of entrepreneurs including foreign exhibitors engaged in fashion and textiles, arts and crafts, hardware, construction, health, detergents and ICTs. Organisations like the National Social Security Authority (NSSA), Zimbabwe...

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Govt happy with budget consultations

The Parliamentary Portfolio Committee on Finance and Economic Development has applauded Zimbabweans for submitting constructive budget contributions critical in formulating the 2018 national budget. In an interview with the ZBC News, the Chairperson of the committee, Cde David Chapfika said various teams deployed countrywide are impressed with the constructive input and attendance from different stakeholders. Cde Chapfika said the 2018 budget should be driven by domestic resource mobilisation, adding that the success of the agricultural season will reduce imports which drained the fiscus over the years. The nation is awaiting the tabling of the 2018 national budget next month, and there is renewed confidence that the country will continue on a positive economic trajectory propelled by the success of the agriculture season, among other economic...

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