admin2015 budget expected to address FDI, company closures
Oliver Kazunga Senior Business Reporter THE 2015 national budget should prioritise attracting foreign direct investment and reverse company closures to foster economic growth and development, economic commentators said yesterday.
‘Sad state of affairs at Zisco’
Tinashe Makichi and Conrad Mwanawashe The situation at Ziscosteel is deplorable with no activity on the ground while the company is selling sundry products to remain afloat. The plant itself…
Zim, China to set up tobacco plant
Harare Bureau Zimbabwe and China plan to establish a multi-million dollar tobacco manufacturing plant that will see Zimbabwe exporting processed tobacco products in line with the country’s economic blueprint, the…
Cairns Foods eyes 35 percent growth
Harare Bureau CAIRNS Foods is targeting a 35 percent growth in the market share of its chocolate business buoyed by improved capacity utilisation. The company’s acting chief executive officer Jeremiah…
Cabinet approves SAZ Bill
Business Reporter CABINET has approved principles of the Bill seeking to give the Standards Association of Zimbabwe powers to subject products to compulsory testing for compliance with minimum quality standards.
Biotech authority pushes for genetically modified cotton variety
THE National Biotechnology Authority on Tuesday told Parliament to push for a genetically modified variety of cotton crop to improve declining output.
Toll fees revenue up 75 percent: Zinara
Harare Bureau THE Zimbabwe National Road Administration Authority (Zinara) says revenue from toll fees has increased 75 percent since October last year on levels disbursed to them by Zimbabwe Revenue…
Amplats sale not linked to strike: Amcu
JOHANNESBURG – Anglo-American Platinum’s (Amplats) plan to sell its mines in Rustenburg, North West, has no link to the recent wage strike in the platinum sector, the Association of Mineworkers…
Coffee production set to increase
Harare Bureau COFFEE production in the country is set to increase by about 13 percent to 510 metric tonnes this year owing to support from development partners and expansion in…
Chinese firm donates computers to Parly
Zvamaida Murwira Senior Reporter China has over the years transformed itself into a technological giant owing to its refocus in Information and Communication Technologies, Speaker of National Assembly Cde Jacob…