adminBatoka Gorge power project sends feelers into market
Oliver Kazunga Senior Business Reporter THE Zambezi River Authority (ZRA) is set to engage the market for feedback on possible transaction and commercial development modes for the establishment of a 2,400…
Nestle invests $14,3m in dairy empowerment scheme
Oliver Kazunga recently in Mutare NESTLE Zimbabwe says it has so far invested $14,3 million in its dairy empowerment scheme — Nestlé Dairy Empowerment Scheme (NDES), which is aimed at…
Cairns Foods to resume exports after factory upgrade
Oliver Kazunga recently in Mutare CAIRNS Foods Holdings plans to resume exports by next year following massive plant upgrade that is expected to see the company increasing capacity utilisation from…
Old Mutual Zim investors move shares to JSE
THE amount of nominal value of share held by Old Mutual Zimbabwe’s shareholders on the Zimbabwe Stock Exchange is likely to further dwindle in the outlook as the shareholders move…
Import restrictions temporary, says VP
Martin Kadzere Harare Bureau Zimbabwe should work on improving competitiveness to compete with foreign products as import restrictions are just a temporary solution, Vice President Emmerson Mnangagwa has said. His sentiments come…
Farmers urged to harness water
Oliver Kazunga recently in Mutare THE Zimbabwe Agriculture Society (ZAS) has challenged farmers to harness water in order to address hunger in the country. Speaking during the Buy Zimbabwe annual summit…
Zamco to take over ZimAlloys’ non-performing loans
Tinashe Makichi Harare Bureau The Zimbabwe Asset Management Corporation (Zamco) has agreed to take over ZimAlloys’ $21 million worth of non-performing loans sitting with a number of local financial institutions as…
Coca-Cola opens $130m Mozambique plant
COCA-Cola’s South Africa Bottling Company (Sabco) has announced the official opening of a new world-class facility near Maputo in Mozambique. The plant, built over three years at a cost of…
Social media abuse: Rebels told to Stop It!
Bulawayo Bureau— THE Government may be forced to regulate the social media to curb abuse that resulted in pockets of vandalism recently, a senior Government official has said. Addressing Zanu-PF Provincial…
‘Trust in banks still critical’
Harare Bureau FORMER World Bank country manager for Zimbabwe Dr Nginya Lenneiye Munga says trust in bankers remains a key ingredient of good banking and confidence in the banking system.