Zim sets US$5bln revenue target for tobacco by 2025

Tadiwa Musiyiwa  Government has approved the Tobacco Value Chain Transformation Plan aimed at transforming the tobacco value chain into a US$5 billion industry by 2025 through localisation of tobacco financing, increased production and productivity and exports...

Tobacco prices 12% firmer in 2021 compared to last year

Staff Writer Tobacco prices during the 2021 marketing season firmed by 12 percent compared to last year with at least 200 tonnes being sold this year. This was revealed by Information, Publicity and Broadcasting Services Minister...
President Mnangagwa

Lockdown measures relaxed to Level 2

Staff Writer Government has reviewed the COVID-19 restrictions with President Mnangagwa announcing that the National Lockdown has been reviewed downward to Level 2 from Level 4. In his address to the nation, President Mnangagwa said inter-city...

Karoi town boss back on forced leave

Nhau Mangirazi Karoi town council housing director Sibongile Mujuruki has been sent back home on another three months forced leave. Mujuruki has been on suspension since 2019 and had approached the High Court for reinstatement at...
ZSE direct

ZSE adds Odd Lot Board on its e-trading platform

HARARE - The Zimbabwe Stock Exchange has introduced an odd lot board on its ZSE Direct trading platform, which will enable retail investors to purchase shares for volumes of 1 to 99. The previous...

Prospect Resources offloads Penhalonga Gold to North American investors

HARARE - Prospect Resources has disposed of its interest in the Penhalonga Gold project to Luzich Resources for a total consideration of US$1 million. Last year, the lithium resource company entered into a binding term...
Government has allegedly prioritized nurses and doctors while abandoning other health workers who claim they are no receiving any Covid-19 risk allowances given to their colleagues since last year

Government abandons health workers as Covid-19 allowances debacle deepens

Nhau Mangirazi Zimbabwean government has allegedly abandoned frontline health workers over Covid-19 risk allowances with some disgruntled primary health counselors, data entry clerks and microscope technicians feeling cheated. Sources have also indicated that workers from only...
President Mnangagwa

ED opts to attend UN general assembly virtually

Rhys Balicholo President Mnangagwa will miss this year’s United Nations General Assembly opting to attend the annual meetings held at the UN Headquarters in New York virtually. In a statement, presidential spokesperson, George Charamba said the...
Ecocash 1 1

Cassava says revenue in Q-August up 70% on increased transactional activity

Staff Writer Cassava Smartech Zimbabwe Limited revenue has increased by over 70% in the quarter ending August 31, compared to the same period the previous year driven by growth in transaction activity. Cassava Group Company Secretary,...

Water levels recede at Kariba but ZRA maintains water allocation for power

Staff Writer The Zambezi River Authority is maintaining the 42 Billion Cubic Meters (BCM) combined water allocation for power generation operations at Kariba despite water levels declining in the gigantic lake, ZRA, in June this year,...