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ZRA increases water for power generation

Talkmore Gandiwa The Zambezi River Authority has revised upwards the water volume for power generations at Lake Kariba to three billion cubic meters due the...

Here’s how RBZ can promote use of the local currency: (WATCH)

HARARE - The quickest way to promote ZWL is for the government to start accepting ZWL for stat obligations. Mining companies need not be...

Border Timbers F21 profitability declines 40%

Itai Ndongwe/Tadiwa Musiyiwa Border Timbers recorded a 40% decline in profitability for the year to June which was weighed down by poor production performance. According to...

Government suspends duty on bulk fertiliser imports

Chris Mahove  The government has suspended duty on the importation of certain quantities of fertiliser for the 2021/2021 cropping season. According to a government gazette published...

Milk production dips slightly m-o-m in September (Download)

Talkmore Gandiwa HARARE - Milk production declined 1.6% in September to 6.98 million litres from a record 7.09 million the previous month weighed down by...

Demand for collateral stifling SME growth

Chris Mahove Small to Medium Enterprises are struggling to expand their businesses due to the demand for collateral by banks that should be providing them...

NatFoods F21 profit retreats on high production costs, cheap maize imports

HARARE – National Foods profit for the year retreated significantly on account of high production costs and a disappointing performance in the Maize unit...

Government to sideline farmers who have not paid their debts

Chris Mahove  Government says it will review its contract agreements with farmers for this cropping season and will not finance those that have not paid...

ZINARA to strictly monitor tollgates

Talkmore Gandiwa The Zimbabwe National Road Administration says it is implementing strict measures to curb tollgate leakages and has established spot checks and increased...

Paying the bill: Africa needs to come up with innovative debt...

Rhys Balicholo HARARE – The high levels of debt in African countries are slowing down the development of the economy where seven countries, Zimbabwe included, have...

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