adminZimTrade/PUM to assist SME exporters
Business Reporter AT least 100 small to medium enterprise firms will this year benefit from a ZimTrade/PUM Netherlands senior experts’ programme aimed at enhancing competitiveness and access to markets. The SMEs…
Two massive diamonds found in Lesotho
LONDON. – Gem Diamonds discovered two diamonds bigger than 100 carats at its Lesotho mine, bringing the struggling miner a step closer to ending a drought of large stones. Gem Diamonds…
Africa’s central banks, AfDB team up to fight illicit capital flows
The African Development Bank is to work with the continent’s central banks to help reduce the capital pouring out of Africa. Plans to curb illicit funding flows, bolster tax collection and…
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…