Cigarette maker BAT’s net income rose 27 percent to $4.6 million in the half-year to June, from $3.6 million achieved in the comparable period last year driven by improved efficiencies.
Opposition Movement for Democratic Change legislator Eddie Cross says the government must scrap allowances for civil servants because they are tax free and increase their salaries instead because this will raise more revenue for the government and at the same time cut the government wage bill.
Workers at the privately owned timber firm, Wattle Company yesterday picketed its Vumba factory demanding to be paid outstanding wages of $350 000 dating back to 2014 as the strike entered its third week.
Zimbabwe’s four-year-old constitution was amended yesterday to give the President powers to appoint three key judges- the chief justice, deputy chief justice and judge president.
A leading economics professor has urged Zimbabwe’s government to make its controversial bond note currency tradable on the foreign currency market to reduce its externalisation and tackle persistent cash shortages.
Beverage giant Delta Corporation says it is closing its Victoria Falls distribution depot as the company moves to rationalise its operations.