the Retail community of Zimbabwe

Afri-Forum protests action against Nestle in Zim

Tue, 13 Oct 2009 12:16:00 +0200

The right-wing lobby group, Afri-Forum, has protested that the decision by the Zimbabwean authorities to freeze the bank accounts of Nestlé in the country shows that true political change has not yet come about there.
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New milk supply arrangements for Nestle Zimbabwe

Fri, 02 Oct 2009 09:32:00 +0200

The Dairy Board of Zimbabwe yesterday, 1 October 2009, informed the Gushungo Dairy Estate and the seven other farms with whom Nestlé Zimbabwe began working on a temporary basis in February 2009, that it is now in a position to resume purchasing their milk. Nestlé Zimbabwe therefore will no longer be receiving milk from these eight farms from Sunday, 4 October 2009.
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Visa International back in Zim

Wed, 23 Sep 2009 08:52:00 +0200

Standard Chartered Bank (Zimbabwe), the primary agent for Visa in Zimbabwe, announced the return of Visa this week, noting that it had started issuing bank customers with the cards on request.
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Zim retailers sideline wholesalers as competition intensifies

Thu, 17 Sep 2009 13:53:00 +0200

Zimbabwe's retail players are circumventing wholesalers in the country's supply chain as retail competition in the country intensifies. Retailers are seeking direct relationships with manufacturers in order to cut prices and keep customers in a highly competitive market.
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SA, Zimbabwe to benefit from US$60m hotel expansion

Thu, 10 Sep 2009 11:34:00 +0200

African Sun Limited announced on Tuesday, 8 September 2009, its expansion plans for its local and Zimbabwe operations to meet the influx of fans for the 2010 FIFA World Cup. Totalling US$ 60 million, it will raise the hospitality group's capacity to 8500 rooms by 2012 from the current 3000 rooms.
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No cheers for Zim wines and spirits

Mon, 20 Jul 2009 12:13:00 +0200

It's no longer cheers for local wine and spirit lovers. Come August, they will pay more for wines and spirits, after finance minister Tendai Biti increased customs duty on these products.
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Another South African retailer enters African market

Thu, 11 Jun 2009 13:41:00 +0200

Within three years of its establishment in South Africa, national scooter and motorcycle retailer Vuka Scuta continues to revolutionise the transport industry and is now set to capture the African market. The expansion into the African continent beyond South Africa has been launched with Vuka Africa opening its first outlet in Maputo, Mozambique this month.
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Innscor's brands caught in a storm

Mon, 30 Mar 2009 13:58:00 +0200

Zimbabwe's retail giant, Innscor Africa, which runs a boutique of franchised fast food outlets across the country, is experiencing a brand crisis due to declining standards. This emerged from court documents following the arrest, made by immigration authorities, of Omer Rouben an Israel national recruited to head its brand loyalty division and revitalise the faltering brands.
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Zim banks to import foreign cash

Fri, 20 Feb 2009 10:53:00 +0200

Zimbabwe's central bank has ordered banks to start importing foreign currency from their nostro accounts as banks began grappling with increasing demand for foreign cash, bankers said. A nostro account is a bank account established in a foreign country for the purpose of holding that country's currency.
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Zim sanctions discussed at SA, Bulgaria meeting

Mon, 16 Feb 2009 10:45:00 +0200

PRETORIA: The issue of Zimbabwe, in particular the lifting of sanctions imposed by the European Union on that country, emerged in discussions between South African Foreign Affairs Minister, Dr Nkosazana Dlamini Zuma and the Bulgarian Deputy Prime Minister and Foreign Minister Ivaylo Kalfin late last week.
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