Zimasco pays out $20m to its creditors

Tinashe Makichi Business Reporter Zimasco has paid out about $20 million to its creditors who comprise private companies, state authorities and financial institutions as the ferrochrome producer has begun to implement…

Alexander Forbes acquires stake in Zim insurance firm

Business Reporter ALEXANDER Forbes Group Holdings has acquired a significant stake in African Actuarial Consultants, one of the largest independent actuarial consultancies based in Zimbabwe with a growing presence in…

Cotton farmers welcome new price

Business Reporter COTTON farmers have welcomed the new base price for cotton saying this would go a long way in encouraging farmers to expand hectarage in the next season. Last week,…

Medical aid fraud rife globally: Cimas

Business Reporter CIMAS Medical Aid says health and medical aid fraud were a global phenomenon and by Southern African estimates, it would mean the company may have lost nearly $80…

Chrome ore output low

Business Reporter The country’s chrome ore output for the first quarter of 2017 stood at 316 625 tonnes slightly lower than the annual projection of 375 000 tonnes. Of the recorded…

Cotton farmers’ data base missing vital information

Obert Chifamba Agri-Insight A heavily flawed and manipulated farmers’ data base VERSUS anoble and economically empowering Government cotton input scheme. That’s an apt summation of the current debacle in Zimbabwe’s…

GMB gets $200m to pay for grain. . . Zim expected to save $500 million after imports ban

From George Maponga in Masvingo THE Grain Marketing Board has secured $200 million to buy grain from local farmers amid revelations that imports have been banned after permits were last…

Bosso fined again

Ricky Zililo, Senior Sports Reporter HIGHLANDERS have been acquitted of charges of causing the abandonment of their Castle Lager Premier Soccer League match against FC Platinum at Mandava Stadium in…

Zuma files counter-application against DA over ‘state capture’

Johannesburg — President Jacob Zuma has filed a conditional counter-application against the Democratic Alliance’s case to force him to establish a Judicial Commission of Inquiry into allegations of state capture,…

Iminyela teen girl murder. . . Three families claim body

Nqobile Tshili, Chronicle Correspondent THREE families from Bulawayo are claiming the body of a teenage girl who was allegedly murdered before being dumped in Iminyela suburb.

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