Hippo to strengthen corporate governance

Hippo to strengthen corporate governance   Herald 27/2/2020  Business Reporter Hippo Valley Estates Limited’s new strategic thrust is to strengthen corporate governance, financial controls and oversight at all levels within the organisation including subsidiaries, chairman Dan Marokane told the company’s annual general meeting yesterday. Mr Marokane’s remarks come at a time the company is smarting …

New Act curtails shelf company manipulation

New Act curtails shelf company manipulation Herald 27/2/2020   Ishemunyoro Chingwere Business Reporter Some criminals that for long, have been manipulating the laxity around the registration of shelf companies, will have their shenanigans curtailed by new provisions of the recently promulgated Companies and other Business Entities Act (Chapter 24:31), Herald Finance & Business can reveal. The Act, …

Maize producer price up

Maize producer price up Herald 27/2/2020   Minister Mutsvangwa Blessings Chidakwa Herald Correspondent The maize producer price has been increased to $6 958 a tonne from $4 000, for the present marketing season, with that for traditional grains increased to $7 260. Further, a recovery plan for maize, wheat and soyabean production, which seeks to …

4th Cabinet meeting decisions matrix

4th Cabinet meeting decisions matrix  Herald 27/2/2020   Finance and Economic Development Minister Professor Mthuli Ncube (left) fields questions from journalists while Information, Publicity and Broadcasting Services Minister Monica Mutsvangwa (centre) and Chief Secretary to the President and Cabinet Dr Misheck Sibanda listen at a post-Cabinet briefing at Munhumutapa offices in Harare yesterday 26th February, …

Getting value from the workers’ committee in the department

Getting value from the workers’ committee in the department   Chronicle 27/2/2020  Labour Matters, Davies Ndumiso Sibanda  MANY progressive and successful organisations have long realised the immense value that is added by a well-trained workers’ committee working with managerial employees who have good people management skills. For the workers’ committee to add or not to …

German investor to build US$7m solar power station

German investor to build US$7m solar power station  Chronicle 27/2/2020   President Mnangagwa Cletus Mushanawani and Joseph Madzimure, Harare Bureau A 10 megawatt solar power station will be built in Zimbabwe before the end of next year at a cost of US$7 million by a leading German investor in renewable energy, Holtholding Group. Holtholding Group, …

Bulawayo dam levels critical despite inflows

Bulawayo dam levels critical despite inflows   Chronicle 27/2/2020  Desmond Nleya, Chronicle Reporter BULAWAYO supply dam levels have gone up but remain critical despite recent rains received in the country over the past week. According to the statistics released by the Zimbabwe National Water Authority yesterday, the city’s supply dams recorded an increase though water …