I’m suffocated, can’t breathe – Khupe
Donald Chakamanga
The leader of recently formed MDC-T faction Dr Thokozani Khupe has accused government authorities of victimizing and discriminating against her since she broke...
Treasury to release $500M weekly to pay cotton farmers
Takudzwa Musakasa
Treasury will release $500 million, every week to settle outstanding 2021 payments to cotton farmers. Cotton deliveries last year grew to 116,052 tonnes,...
Chinamasa appointed ZIMRA Acting Commissioner General
The Zimbabwe Revenue Authority (ZIMRA) has appointed Regina Chinamasa as the Acting Commissioner General of the Authority with effect from 1 February 2022.
In a...
TSL units in good volume growth in F21
TSL Limited increased revenue by 144.57% following improved performance of the agriculture-based units. The group achieved good volume growth across most business units during the...
Fresh calls for exporters forex retention review
HARARE: The foreign currency retention policy for exporters that has been subject to criticism for years is likely to spell further doom for local...
Ariston proposes 5.80 cents per share dividend
Staff Writer
Buoyed by 31% increase in revenue for the year 2021, Ariston Limited Holdings board has proposed a final dividend of 5.80 Zimbabwe cents...
Fastjet introduces Victoria Falls Maun flights
Fastjet Zimbabwe has announced the introduction of a service between the resort city of Victoria Falls and Maun in Botswana effective 30 June 2022.
In...
Invictus Energy receives dataset for Muzarabani project
Itai Ndongwe
Invictus Energy (IVZ) has received a 2D seismic dataset for its Cabora Bassa project in Muzarabani, Zimbabwe, which it owns and operates 80 percent...
ProDairy targets production increase at Mafuro as milk output increases 4%...
HARARE – Milk processor ProDairy, which is part of the Innscor Africa group says it is targeting an increase in raw milk intake this...
CAFCA budgets for near double increase in capacity, says fx allocation...
Tadiwa Musiyiwa
Cable manufacturer CAFCA Limited is set to adjust its budget to increase capacity by 90% from the current 250 tonnes.
In the company’s 2021...
ZRA cautions against power generation above 550MW at Kariba
Talkmore Gandiwa/Itai Ndongwe
The Zambezi River Authority has cautioned Zimbabwe and Zambia against generating power above the 550mW levels which were accorded to the two...
Global tourism grows 4% in 2021 but stays below pre-pandemic levels
Global tourism experienced a 4% upturn in 2021, compared to 2020 (415 million versus 400 million). However, international tourist arrivals (overnight visitors) were still...
Zim, China sign trade protocol for citrus exports
Christopher Mahove
Zimbabwe and China have finally signed the trade protocol for the export of citrus fruits to China which is expected to see a...
Govt to approve agriculture joint ventures
Itai Ndongwe
The Lands, Agriculture, Fisheries, Water, and Rural Development Ministry has approved the framework for joint venture (JV) agreements, which will allow investors to...
Making life count: The story of Agilitee founder Mandla Lamba
Staff Writer
Profit is undoubtedly the most common motive for most business ventures, but imagine being driven by much more than money and fame like...
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Home Affairs minister reverses controversial US$20 passport application fee
Itai Ndongwe
The Ministry of Home Affairs and Cultural Heritage has made a reversal on the USD$20 nominal fee on electronically readable passports, which was...
Industry frets over delayed Auction start
Staff Writer
HARARE - The Reserve Bank of Zimbabwe (RBZ) has deferred by up to a week the opening of the first foreign exchange auction...
Fuel blending ratio reduced to zero
Davison Kaiyo
HARARE – Mandatory fuel blending has been removed, for now, the Zimbabwe Energy Regulatory Authority (ZERA) has said.
In a statement announcing January fuel...
Zera in marginal review of fuel prices
Staff Writers
The Zimbabwe Energy Regulatory Authority (ZERA) last night announced the reduction of fuel prices for both diesel and blend as of January 1,...
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