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Banks offer 60pc funding for tobacco farming

Over 60 percent of financing from banks will be dedicated for tobacco financing as banks believe that tobacco repayment arrangements are markedly more efficient and effectiveBusiness Reporter Bankers...

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NRZ deploys 100 wagons for wheat delivery

The National Railways of Zimbabwe has deployed 100 wagons to Mozambique to uplift about 20 000mt of wheat with deliveries expected in the next few days.Millers said in a statement Friday that the...

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Govt warns miners against holding gems

Buyers evaluate diamonds on auction at the country’s new international dimaond buying centre in HarareBusiness Reporter GOVERNMENT has threatened unspecified action against local diamond miners who...

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StarAfrica creditors push for liquidation

Business Reporters StarAfrica creditors are pushing for its liquidation apparently frustrated over an “unsuccessful” scheme of arrangement, a source familiar with the development has said.Last year,...

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Zimre to retrench, raise capital

Conrad Mwanawashe Business Reporter ZIMRE Holdings subsidiary, Baobab Reinsurance is retrenching about 50 percent of its staff compliment as the reinsurance business takes a knock from the harsh...

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‘Take bold decisions on climate change’

AS the world heads for the watershed climate talks in Paris next year, Environment Minister Saviour Kasukuwere wants to see stronger action from rich countries to help control unprecedented climate...

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Young entrepreneur star inspiring

Bejay Mulenga (20) went down a storm when he spoke about his journey as an entrepreneur at the Tory party conference in Birmingham this year.The young entrepreneur spoke of how he changed from being on...

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Voluntary contributions must be arranged soon after job loss

A contributor to the national pension scheme (NPS) who leaves his or her job can arrange to continue making contributions to the scheme on a voluntary basis but this has to be done soon after leaving...

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Integrated Pest Management on farms

What is IPM? Integrated Pest Management (IPM) is an effective and environmentally sensitive approach to pest management that relies on a combination of common sense practices.IPM programmes use...

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A wounded manufacturing sector

Locally manufactured products are priced relatively higherLinda Tsarwe The annual Confederation of Zimbabwe Industries (CZI) state of the manufacturing sector survey is one of the few surveys carried...

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Blanket Mine plans $70m investment

Caledonia Mining plans to invest approximately $70 million at its Zimbabwe gold mining subsidiary Blanket mine in the next five yearsBusiness Reporter Toronto Stock exchange listed Caledonia Mining...

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Zim to host diamond traders conference

Conrad Mwanawashe Business Reporter ZIMBABWE will this week host the world’s leading diamond manufacturers, and traders at the Zimbabwe Diamond Conference. The conference is being organised by the...

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China Eximbank disburses $80m for Kariba

Golden Sibanda and Lloyd Gumbo CHINA Export and Import Bank has disbursed $80 million for generation capacity expansion of Kariba South Power Station to reduce crippling widespread power deficits...

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Outcry over Innscor’s ‘imported’ CEO

Business Editor Antonio Fourie’s capabilities as chief executive to one of the country’s iconic companies – Innscor Africa – have been put under the spotlight following the recent resignation of long...

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CCZ to conduct Protection Bill consultations

Business Reporter Public consultations on the Consumer Protection Bill will commence in the next two weeks with the public expected to input into the new law.The new law will result in consumers being...

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‘Financial constraints stalling completion of lab’

The Pig Industry Board said yesterday financial constraints are stalling completion of the artificial insemination centre that is constructing as well as importation of grandparent breeding...

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Sustainable development and the environment

Sustainable development is an organising principle for human life that advances a desirable future state for human societies in which living conditions and resource-use meet human needs without...

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Powertel unveils new brand

Mr NyagwandeBusiness Reporter POWERTEL has unveiled a new dynamic brand to celebrate achievements around product quality, capacity and better customer care facilities.The new dynamic Powertel brand...

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Makomo invests $200m into mining

Business Reporter COAL mining firm Makomo Resources has invested $200 million cumulatively in the last five years making it one of the country’s largest investors, a senior official said.“We have so...

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Save pension and insurance industries

Martin Tarusenga At the centre of the stand-off between pensioners and insurance companies, in which Government has now resolved to intervene through the pending Commission of Inquiry, are the...

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