Category: Business

Indian firm set to seal investment deal

beml.jpgIndian’s largest mining and construction firm, Bharat Earth Movers Limited (BEML) is tomorrow expected to conclude a US$ 40 million joint venture deal with a local firm SGI in a move expected to unlock funds and expand production.

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Banks review loan requirements

banking sector.jpgThe manufacturing sector loan requirements have been revised upwards to US$ 5 billion from US$2 billion due to an increase in demand for loans from companies in need of fresh funds to purchase new machinery.

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Youths urged to venture into business

youngentreprenuers 1.jpgZANU PF Youth League Secretary for Administration, Cde Lesley Ncube has urged youths across the political divide to actively participate in government’s indigenisation and empowerment drive to counter the illegal economic sanctions imposed on the country by the West.

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