Plant mishap, Covid-19 drive Lafarge into loss
Lafarge Cement Zimbabwe recorded a $695 million loss in the trading period to December 2021 operations from a $5 billion profit in the same period last year. The cement maker … Read More
Category: Uncategorized
Branding expo, Icebo Design on the cards
The inaugural Icebo Design Expo which organisers want to make an annual event, will beheld on 14 April at the Academy of Music in Bulawayo. The expo, a brainchild of … Read More
Ousted AAG executive to form splinter group
THE outgoing Affirmative Action Group leadership led by Mr Mike Chimombe has said they were not informed of the decision to dissolve their executive and will now form a rival … Read More
Call for tobacco sustainable farming to mitigate climate change
TOBACCO farmers should embrace sustainable farming and curing as a way of addressing climate change challenges emanating from deforestation. The call was made this morning during the Research Council of … Read More
Women access to funding improves
Access to loan funding to by women has improved, though the majority continue to face significant challenges, latest official figures from the central bank show. According to figures contained in … Read More
Innscor, CTC shares dispute rages on
Innscor Africa’s acquisition of a significant stake in Profeeds remains disputed after the Competition and Tariff Commission (CTC) took the matter to the Supreme Court. In May 2020, CTC reversed … Read More
Zera takes cautious approach to power tariff hike
THE Zimbabwe Energy Regulatory Authority (Zera) will take a cautious approach when reviewing electricity tariffs to prevent unintended consequences on the economy, an official said. The power tariff, last reviewed … Read More
‘PVO Amendment Bill to trigger forex shortages’
THE Private Voluntary Organisation (PVO) Amendment Bill could cause forex shortages as it contains provisions that hinder donor funds remittances, economic analysts and the Zimbabwe Coalition for Debt and Development … Read More
Year-end deadline for PPC US$37 million solar projects
LEADING cement producer, Pretoria Portland Cement (PPC) Zimbabwe says its two photovoltaic solar projects at Colleen Bawn and Bulawayo factories with a combined value of US$37 million will be operational … Read More
Push for banks to improve agric funding
ZIMBABWE’S banking industry and other private sector players must step up efforts to finance agriculture to reduce government’s involvement in funding the industry, an expert said on Thursday. Government has … Read More
