Govt shortlists 3 investors to revive Kamativi Mine

GOVERNMENT has shortlisted three investors bidding to partner Zimbabwe Mining Development Corporation in reviving Kamativi Mine, 15 years after the tin mine closed operations, an official said last Friday. “We had 67 bidders and went through the

Raw sugar price up 33 percent

THE price of raw sugar for the 2012/13 marketing season has surged to US$700 per tonne from US$525 last year.
When the season started last year a tonne of raw sugar was selling at US$525 with the price closing at US$701 by March, which sugar cane growers say has brought confidence in the sector. Sugarcane is grown commercially in the south-eastern part of

Kingfisher Airlines turns to divine forces

NEW DELHI. — With the banks deaf to his pleas for more money for his ailing airline and foreign investors yet to materialise, Indian liquor baron Vijay Mallya has turned to divine forces for assistance. The “King of Good Times”, as the jet-setting billionaire is known in India, recently called in psychic guru Unnikrishna Panicker, who is said to be an expert at invoking the

Sandwich town celebrates own hero

LONDON. — The British town of Sandwich yesterday staged a dramatic re-enactment of the moment when the town’s earl was said to have invented the sandwich, to mark the 250th anniversary of the bread-based meal. Dressed in 18th century costume, actors recreated the night when John Montagu, the fourth Earl of Sandwich — a rapacious card-player — “called for a slice of

Buhera blind people’s project chalked out

Tichaona Zindoga
After around a decade of economic hardship that almost shut down schools for want of teachers and learning and teaching materials, interventions such as the provision of textbooks and other requirements by non-governmental organisations

Mineral devt policy on cards

From Martin Kadzere in Victoria Falls
The Zimbabwe Chamber of Mines is working on the  establishment of a mineral development policy that will guide the formulation of legislation, fiscal measures and Government interventions targeted at the sector. The policy will provide a

Mining spurs export earnings

The mining industry has become the mainstay of Zimbabwe’s exports as statistics show that it has accounted for 70 percent of more than US$700 million in total export receipts in the first quarter of this year. This was on the back of favourable global mineral prices and stable economic conditions. According to an export sector review by the Zimbabwe National Chamber of

Small-scale farmers key to Africa’s agric growth

From Victoria Ruzvidzo in Addis Ababa, Ethiopia
THE key to increasing agricultural productivity in Africa lies in transforming the small-scale farming sector, whose potential has remained dormant for a long time, the World Economic Forum on Africa concluded here on Friday. Although Africa has

Climate change policy long overdue

Jeffrey Gogo Climate Story
IMPLEMENTATION of the Zimbabwe National Climate Change Policy has not been swift and as desirable, even in the face of the deadly impact of climate and weather. It is nonetheless and in a significant manner, a very decisive response to the

Telecel slashes data bundle prices

Business Reporter
TELECEL Zimbabwe has slashed the cost of its data bundles, making them the cheapest on the market. With effect from today, Telecel subscribers will be able to purchase data bundles from 55 megabytes upwards at 50 percent discount in a promotion

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