adminEthanol plant built without EIA
The ethanol plant in Chisumbanje was built without an Environmental Impact Assessment having been conducted, Parliament heard this week. Green Fuel built the US$600 million plant under a Build Operate Transfer (BOT) agreement with the Agricultural and Rural Development Authority. The biggest in Africa,Lake Harvest targets 2 000 jobs
Lake Harvest Aquaculture plans to add 2 000 new jobs at its Kariba operation this year following a US$8 million capital injection by the African Development Bank, an official has said. Lake Harvest was established in 1997, and produces tilapia fish for the European and Southern African markets. LHA
Middle market property trends
Vengai Madzima Property GuideThe middle market property segment experienced an increased movement in 2011 from its standpoint in 2010. The bracket of middle market is confined to plus three-bedroom houses in areas that qualify
Conflicts inevitable during transition
Shelter Hamandishe-Chieza Change ManagementOne of my favourite people are the griots that keep history and observe developments over a long period of time. I came across this Brazilian proverb that says “It is dumb if we all agreed”. Imagine a
ZNCC congress for Vic Falls
ZNCC congress for Vic FallsMary Kugwa Business Reporter
THE Zimbabwe National Chamber of Commerce will hold its annual congress in Victoria Falls from June 27 to 29. The congress, which will run under the theme “Turning recovery into accelerated growth:
Telecel subscriber base takes a dip
Tawanda Musarurwa Business Reporter
TELECEL Zimbabwe took a 375 000 knock on its subscriber base during the first three months of the year, figures from the Postal and Telecommunications Regulatory Authority of Zimbabwe show. Potraz
Zimbabwe urged to leverage on blended fuel project
Business Reporter
ZIMBABWE should take advantage of its blended fuel project in view of concerns of growing geo-political risks that could affect international fuel supplies. Economist Mr James Wadi said there are presently
Zimbabwe to host international diamond talks
Senior Business Reporter
ZIMBABWE will next month hold its first international diamond conference in Victoria Falls where growth prospects of the local industry, among other issues, will be discussed, the organisers said yesterday.
Kingdom seeks US$200m for recapitalisation
Bright Madera Senior Business Reporter
KINGDOM Financial Holdings Limited is seeking to raise US$200 million in debt capital and offshore lines of credit to further capitalise its operations. The capital will comprise US$50 million in debt through the
Government, cotton farmers deadlocked
Martin Kadzere Senior Business Reporter
GOVERNMENT is on a collision course with cotton ginners after it announced it had nationalised this year’s crop. Agriculture, Mechanisation and Irrigation Development Minister Joseph Made said on