adminElection dates: PM vacillates
Hebert Zharare Political Editor
MDC-T leader Mr Morgan Tsvangirai has been rapped for hypocrisy amid reports that he was all for a June 29 election as late as January this year.
Machingaidze re-elected
Business ReporterCOTTON Marketing Company of Zimbabwe managing director Mr David Machingaidze has been re-elected chairman of the Cotton Ginners’ Association.
He was re-elected for the fourth time in a row at the CGA annual general meeting last week. Colonel Panganai Kahuni was also re-elected vice chairman.
‘No new ZSE listings in 2013’
Business ReporterThe Zimbabwe Stock Exchange does not expect new listings to be made in 2013 due to low activity on the market as investors are more concerned with the impending harmonised elections.
Women miners eye US$200m deal
The Zimbabwe Women in Mining is negotiating for a US$200 million deal with a South African investor to sponsor women to mine diamonds in the Chiadzwa area of Marange, an official has said.Is coal use a better evil in tobacco curing?
Jeffrey Gogo Climate Story
MR Nicholas Mbara planted tobacco for the first time this season. He has three hectares under tobacco in Tandi Village, Rusape.Actually, the crop is on land “leased” from his father-in-law, Mr Gabriel Mwanza, himself a thriving tobacco farmer and beneficiary of Zimbabwe’s sweeping agricultural reforms.
Govt sets FDI target
Rumbidzayi Zinyuke Business ReporterGovernment has set a Foreign Direct Investment target of 25 percent of the Gross Domestic Product by 2015, an official said last week.
Zimbabwe Investment Authority board chairman Mr Nigel Chanakira said it was important for ZIA to be transformed into an effective and efficient institution to deliver its mandate
Unilever launches promotion
Business ReporterUNILEVER last week launched the “Omo Wash and Fly to Dubai Promotion” that will see five lucky winners getting an all-expenses paid trip to Dubai plus US$800 spending money.
The promotion was launched at various centres in Harare’s CBD before proceeding to Mbare, Machipisa in Highfield and Mabvuku.
Harare thermal power station resumes operations
Harare Thermal Power Station has resumed operations and is adding 16 megawatts to the national grid, an official said last Friday.The thermal power station closed late last year due to depleting coal stocks.