Lingfield horticultural products bloom globally
Gweru-based Lingfield farm has proved itself as a force to reckon with in the revival of the horticulture industry as its flowers, peas and fine beans are on global demand, … Read More
Category: Uncategorized
Motor industry overjoyed by import ban on old cars
Players in the local motor industry have welcomed Government’s ban on importation of second hand cars which are more than 10 years old including the directive for line ministries to … Read More
Lithium miner upbeat over prices
Prospect Resources Plc, the developer of the Arcadia lithium project in Zimbabwe, says strong demand from customers in battery, glass and ceramics markets will cause material improvements in global prices … Read More
Hydrogen ushers cheap energy
The Ministry of Energy and Power Development in partnership with energy stakeholders and development, has initiated a hydrogen project, H2Atlas, in the country expected to lead to a new era … Read More
Council road rehabilitation target hits funding hump
Harare City Council has this year only managed to rehabilitate 1,1km of roads across the city against its target of 120km, with the local authority citing funding challenges. Most of … Read More
Zimbabwe braces for e-commerce
Zimbabwe is bracing for increased use of electronic commerce (e-commerce), which has been accelerated by the Covid-19 pandemic, with Government working to ensure the digital environment is both efficient and … Read More
JSE imposes maximum fine on Steinhoff for publishing incorrect and misleading info
The Johannesburg stock exchange has fined retailer Steinhoff a total of R13.5 million for breaching its listing requirements. This includes a maximum possible fine of R7.5 million for publishing “incorrect, … Read More
External debt soars
Zimbabwe’s external debt soared to US$8,2 billion as at end September 2020, according to latest figures from the Treasury, with arrears now constituting 77 percent of the country’s foreign obligations. … Read More
Padenga profit jumps 295pc
Diversified crocodile breeder, Padenga Holdings Limited’s revenue for the half year to June 30, 2020, jumped 295 percent to US$22,4 million compared to US$5,6 million recorded during the same period … Read More
Powerspeed de-listing piles pressure on ZSE
The year 2020 has not been good for the Zimbabwe Stock Exchange and the proposed de-listing of Powerspeed make it seem like the net benefits of a listing have lost … Read More
