Huge capital gap saddles mining sector
ZIMBABWE’S mining sector is battling a huge capital gap, resulting in some companies failing to meet targets, Chamber of Mines of Zimbabwe (CoMZ) chief executive Isaac Kwesu has said. “We … Read More
Author: Bullszimbabwe
Supply chain bottlenecks could hit Masimba order book
CONTRACTING and industrial firm Masimba Holdings Limited said the Russia-Ukraine conflict could impact its US$214 million order book as the war has caused global commodity prices to spike and disrupted … Read More
European bank extends US$13m facility to NMB
THE European Investment Bank (EIB) has extended a EUR12,5 million (US$13,4 million) facility to NMB Bank as part of its private sector lending initiative for Zimbabwe. The seven-year facility to … Read More
NetOne introduces smart agric platform
STATE-OWNED mobile telecommunications service provider, NetOne, has introduced ‘Hurudza/Umlimi Omkhulu’ initiative, a new agricultural platform that allows farmers to subscribe and get access to diverse information in the farming ecosystem. … Read More
Govt outlines measures to tame inflation
THE near convergence of the auction average and the interbank rate was maintained yesterday but for the first time the auction average at $308,5201 was above the interbank rate of … Read More
President headlines miners conference
PRESIDENT Mnangagwa will be guest of honour at this year’s annual conference of the Chamber of Mines of Zimbabwe to be held in Victoria Falls. The conference runs from tomorrow … Read More
Zimplow operating profit jumps 222pc
Mining and agriculture implements supplier, Zimplow Holdings Limited’s operating profit jumped 222 percent to US$434 million, as overall performance for the year to December 31, 2022 remained driven by improved … Read More
NOIC rolls out US$20m Feruka pipeline upgrade
PETROZIM Line Limited (PZL), in partnership with Companhia do Pipeline Moçambique — Zimbabwe (CPMZ), intends to upgrade the US$20 million towards capacity upgrading pumping capacity on the Feruka pipeline. The … Read More
Cotton farmers need help to improve quality
THE Zimbabwe Clothing Manufacturers Association (ZCMA) says cotton farmers need to be assisted to produce good quality cotton in the manufacture of market-oriented products across the value chain. Cotton production … Read More
Top Zim seed expert re-elected to ISTA
Dr Claid Mujaju, a top Zimbabwean seed expert has been re-elected for another term to serve on the International Seed Testing Association (ISTA) executive Committee. The seed expert, who is … Read More
