Zim to save US$60m in wheat imports
Zimbabwe is expected to harvest nine months’ supply of wheat from the 2020 winter crop, saving the Government up to US$60 million in imports. While the county will import to … Read More
Category: Companies
Agro-Ecological Zones revised
CABINET yesterday adopted revised Zimbabwe Agro-Ecological Zones that replace the outdated ones done between 1945 and 1960 to take into account the change in climatic conditions in the various regions … Read More
Devolution project gains momentum
The key pillar of Zimbabwe’s devolution programme is the empowerment of provincial structures to spearhead economic and social development through leveraging on local resources. In the last few years, Manicaland … Read More
20MW solar project for Kamativi Mine expected to reopen in 2023
GOVERNMENT has unveiled plans to construct a 20MW solar plant in Kamativi, Matabeleland North province, with the defunct tin mine, which closed more than 20 years ago, expected to reopen … Read More
Day-old chicks demand spikes
THE demand for day-old chicks is on the rise and the Livestock and Meat Advisory Council (LMAC) is advocating for the importation of hatching eggs to boost supply ahead of … Read More
Zisco board targets subsidiaries
THE Ziscosteel board and management have come up with a short-term revival roadmap that targets the resuscitation of the defunct steel giant’s subsidiaries. Acting board chairperson, Engineer Martin Manuhwa, revealed … Read More
Real Estate sector still looking for better days
THE Real Estate Institute of Zimbabwe (REIZ) says the sector is yet to feel the impact of the Reserve Bank of Zimbabwe (RBZ) foreign currency auction system as there is … Read More
Forex Auction, Zim dollar sees another week on the up. Rate at 81.7076
The Forex Auction results for 15/09/20 are in and the Zimbabwe dollar has yet again seen an upturn. This week the weighted median average is ZWL$81.7076 which is a ZWL$0.9917 … Read More
First Mutual to raise capital for reinsurance business
First Mutual Holdings Limited has announced plans to raise $439,2 million (BWP61 million/US$5,3 million) by selling a 29,1 percent stake in its 100 percent owned subsidiary, First Mutual Reinsurance Holdings … Read More
Oil drilling heralds new era
Zimbabwe’s economy is headed for exciting times ahead following the recent announcement by Invictus Energy, the Australia listed resources firm that is exploring for oil and gas in the Muzarabani, … Read More
