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“In my early years at Rooney’s, my father taught me it was much more than tents— it was about relationships” The name Rooney’s has been synonymous with events hire for over 70 years. The company is now run by the third generation of the Rooney family. How did this business start? How did it transition through the generations? What were the lessons? We publish here excerpts from the Tim Rooney, in which he wrote about the family business, and what set it apart through the generations. https://lnkd.in/d7UGH6Y9

African Sun says it is selling its biggest hotel, the 50-year old Monomotapa Hotel, because the company needs to “evolve” and invest more in “new opportunities” in Victoria Falls and elsewhere

Choppy waters: Choppies says it is “weighing various options” over the future of its troubled Zimbabwe operations. The retailer entered Zimbabwe in 2013 by taking over some Spar outlets. It has struggled to crack the market since then. Its performance has worsened over recent years, like many formal retailers who are battling the impact of exchange rate policies on sales. Says Choppies: “The economic situation in Zimbabwe continues to be a threat to the Choppies Zimbabwe segment. The Group is weighing various options in Zimbabwe given the stress it is placing on our overall performance. There are sufficient cash reserves to settle all liabilities for which Choppies Enterprises has provided guarantees. We do not expect to provide any material cash support to the Zimbabwean segment from Botswana or any other segment.”

When Meikles recently announced the appointment of Matthew Moxon as the new CEO, it looked on the surface like just a case of a family continuing its century-old dynasty. But, it turns out John Moxon, Meikles chairman and the controlling shareholder, is against his son’s appointment.

Beyond providing entertainment, should Africans be concerned about the US election and who is likely to win? There are “significant differences” in how Republican versus Democratic presidencies influenced issues such as the strength of the dollar, trade policies as well as political policies on Africa. What about aid? Trade? Commodities? The US dollar? The Standard Bank Group has released a report on what they think the result of the US election could mean for Africa

An annual National Bira and getting rid of chiefs’ regalia were among ZANU PF’s conference resolutions. But what did the party say about the economy? Here are some of the key resolutions key issues such as the currency, mining, agric & infrastructure

Government owes over US$300 million to agriculture suppliers, causing delays in the rollout of inputs ahead of a critical farming season

Botswana holds a national election today, with President Mokgweetsi Masisi seeking a second term in a race against three challengers. Here are some quick facts about the candidates in the race

Shoppers spent money at Highland Park shopping mall in record numbers in the last quarter, helping the Tigere Property Fund boost its income

Mining, energy and manufacturing dominated new licences issued by the Zimbabwe Investment & Development Agency - ZIDA in the last quarter.