Zinwa prepaid water ready by September
Golden Sibanda Senior Business Reporter The Zimbabwe National Water Authority (Zinwa) will introduce prepaid water system for all local authorities by September this year and institute stop order...
View ArticleCotton war erupts
Business Reporter Local private cotton firm, ETG Parrogate, last week allegedly took the law in its own hands after it went on a rampage and unpacked Cottco’s bales at buying points in Checheche,...
View ArticleAllocate land to small miners, govt urged
SMALL-SCALE miners have called on the government to parcel out land to artisanal and small-scale miners to increase the gold output, as they produced 2,8 tonnes of gold in the first quarter. By Freeman...
View ArticleSeed Co unbundling 71% in Seed Co International
SEED Co Limited board has proposed to its shareholders to partially unbundle 71% of its Seed Co International Limited shares by way of a pro rata dividend-in-specie distribution as part of a strategy...
View ArticleParallel market rates hit 100% ceiling, why and how?
PARALLEL market rates have finally hit 100% when using EcoCash or bank transfers to buy the greenback, the first time they have reached such a rate since dollarisation and the main question now is how...
View ArticleSearching for balance in African food ecosystems
While it may not be the mandate of development organisations to build manufacturing industries in developing countries, pouring billions of dollars in agricultural production is not lifting people out...
View ArticleTIDSI hails contract farming
THE Tobacco Industry Development Support Institute (TIDSI) for Southern Africa has hailed contract farming, as it has improved the quality and quantity of tobacco. BY MTHANDAZO NYONI TIDSI executive...
View ArticleZesa unit in fraud storm
Golden Sibanda Senior Reporter ZIMBABWE Power Company (ZPC) has flown into the eye of a storm amid revelations a senior executive of the State- owned power utility allegedly awarded a multi-million...
View ArticleCotton War Erupts
Local private cotton firm, ETG Parrogate, last week allegedly took the law in its own hands after it went on a rampage and unpacked Cottco’s bales at buying points in Checheche, Manicaland Province,...
View ArticleSeed Co to Raise $19,2m for Regional Expansion
By Enacy Mapakame Regional seed manufacturer Seed Co Limited seeks to raise $19 million through a partial unbundling, which will also result in separate listings of its regional operations. The seed...
View ArticleED dares mining firms
Ishemunyoro Chingwere Business Reporter Government is working on a framework that will see all big mining companies in the country returning to full production to enhance their contribution to the...
View ArticleConstruction industry put pressure on govt
The construction industry has revived talks on the finalisation of the contractors bill which would be critical in addressing low entry barriers such as financing affecting local contractors. The...
View ArticleRBZ dismisses new currency claims
The Reserve Bank of Zimbabwe (RBZ) has dismissed social media claims that the apex bank will introduce a new currency. In a statement, RBZ Governor, Dr John Mangudya said the claims are fake, adding...
View ArticleGMB warns farmers
The Grain Marketing Board (GMB) has appealed to smallholder farmers to desist from selling maize to middlemen as they incur revenue loss by doing so. Middlemen are paying smallholder farmers as little...
View ArticleAgribank secures US$30m credit line
A developmental financier, IDC South Africa has extended a US$30 million line of credit to Agribank to assist in the recovery of Zimbabwe’s agricultural sector. The facility, which was approved by the...
View ArticleKanyemba community receive sustainable projects
The First Lady Amai Auxilia Mnangagwa has handed over sustainable projects to the Kanyemba community. This follows her visit to the area less than two months ago where she witnessed first- hand the...
View Article‘Shun Exporting Raw Hides, Maximise On Value Addition’
By Prosper Ndlovu Zimbabwe and her peers within the Comesa region should stop exporting raw hides and scale up value – addition initiatives in order to benefit from the $130 billion global leather...
View ArticleZimra intercepts $10m drugs
Africa Moyo THE Zimbabwe Revenue Authority (Zimra) says it intercepted dangerous drugs worth $10 million last year, after increasing its footprint at ports of entry. This comes as the tax collector,...
View Articlefastjet begins Hre-Byo flights
Africa Moyo Business Reporter Low cost airliner, fastjet, is set to land at the Joshua Mqabuko Nkomo International Airport at about 9am today, on the aviation firm’s inaugural flight on the...
View ArticleAgribank secures $30m line of credit
Africa Moyo Business Reporter AGRIBANK has obtained a $30 million line of credit from the Industrial Development Corporation of South Africa (IDCSA) to support the agriculture sector. The facility is...
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