finance

High costs cripple pig industry

SOARING feed costs are threatening the survival of Zimbabwe’s pig farming sector, with farmers struggling to balance rising production expenses and stagnant market prices.AdvertisementsThe Pig Industry Board (PIB) has warned that this escalating crisis could disrupt supply chains, drive up pork prices, and jeopardise food security.Speaking to The Financial Gazette, the director of the PIB,…

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England beat India to keep T20 series alive

Third T20, RajkotAdvertisementsEngland 171-9 (20 overs): Duckett 51 (28); Chakravarthy 5-24India 145-9 (20 overs): Pandya 40 (35); Overton 3-24England win by 26 runs; India lead five-match series 2-1England produced a strong bowling performance to beat India by 26 runs in Rajkot and keep the T20 series alive.Having lost the opening two matches of the five-match series, England…

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McIlroy match ‘what we envisioned’ for TGL – Woods

TIGER Woods says his meeting with fellow co-founder Rory McIlroy at the latest Tomorrow’s Golf League (TGL) event was “what we had envisioned” for the fledgling technology-driven tournament.AdvertisementsWoods’ Jupiter Links Golf Club team beat McIlroy’s Boston Common Golf squad 4-3 after overtime on Monday in the closest match of the tournament so far.World number three…

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NHS banks on business class lounges to boost revenues

NATIONAL Handling Services Zimbabwe (NHS) expects its business class lounges to contribute six percent of total group revenues this year, following a rebranding exercise at several major airports nationwide.AdvertisementsThe move comes amid financial challenges and evolving market dynamics.“With the business class lounges, we are looking at hitting the six percent mark because they were around…

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NHS unveils big plans for Walvis Bay

THE National Handling Services (NHS) plans to boost cargo throughput at Walvis Bay dry port in a bid to expand trade capabilities and increase revenue streams.AdvertisementsThe acting chief executive, Phillip Rambakudzibwa, said these plans are anchored in the port’s strategic potential to drive regional and international trade.“The dry port presents a significant opportunity for growth.…

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NVCCZ seeks to close startup funding gap

THE National Venture Capital Company of Zimbabwe (NVCCZ) will stimulate the country’s entrepreneurial ecosystem and drive economic growth, minister of Finance, Mthuli Ncube, says.AdvertisementsSpeaking at the launch of the company recently, Ncube said the initiative aims to address the critical funding gap often faced by startups and early-stage businesses, providing them with capital and support…

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A diplomatic reset chance for Zimbabwe, USA

AS THE United States sees a shift in administration this week, Zimbabwe finds itself at a pivotal juncture to redefine its diplomatic relationship with Washington.AdvertisementsThis change presents an invaluable opportunity for Harare to revisit its long-standing issues with the United States, including the contentious Zimbabwe Democracy and Economic Recovery Act (Zidera) and other points of…

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Roaring informal sector a menace

BUSINESS is at the end of its tether over the triple whammy of Zimbabwe’s continuing exchange rate distortions, booming informal sector and public policy failures.AdvertisementsSpeaking to The Financial Gazette — the country’s number one business publication and prime voice for commerce and industry — experts said this week that it was time for authorities to…

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A family affair: Unseen harmony of marketing, advertising and PR

AS we navigate the complex landscape of public relations, there are two twins in the business world that often cause friction: Marketing and advertising. AdvertisementsBut what if I told you that these two ‘cousins’ are not just separate entities, but rather interconnected parts of a larger family that works together to build a brand that…

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HR PERSPECTIVE: When a job evaluation system actually creates more problems

AS a consultant who has worked on numerous job evaluation projects, I have observed a recurring challenge: many leaders and executives do not fully understand why job evaluation is conducted.AdvertisementsJob evaluation serves as a systematic method to determine the relative worth of different positions within an organisation. Many leaders often see it as a box-ticking…

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