adminMaize harvest forecast at 760 000 tonnes
The country is expecting about 760 000 tonnes of maize from the 2018-19 summer cropping season nationwide according to the crop and livestock assessment recently conducted by the Ministry of Lands, Agriculture, Water, Climate and Rural Resettlement.
Soldier up for carjacking
A 36-year-old Zimbabwe National Army (ZNA) soldier deployed at One Independence Barracks here has been dragged to court for allegedly teaming up with three civilians to rob a suspected smuggler of his vehicle.
Oil prices fell
Tokyo/Singapore. — Oil prices fell yesterday after industry data showed an increase in US crude inventories and as Saudi Arabia pledged to keep markets balanced.
Fingerprints charges unchanged: Police
The Zimbabwe Republic Police (ZRP) says charges for fingerprints for vetting at the Criminal Investigations Department (CID) Headquarters in Harare remain unchanged and people should be wary of criminals who want to take advantage of them.
City engages residents on budget
Harare City Council (HCC) has released a timetable for consultation meetings with civic groups and residents on a supplementary budget.
To sell or not — challenges in unstable economic environments
A majority of African farmers tend to make decisions based on their experiences, expectations and fears, especially in an unstable economic environment and changing climate. At the beginning of each marketing season, a question in every farmer’s head is “Should I sell now or later?” Since the future is unpredictable from both an economic and climate perspective, farmers are taking long to make decisions. Most farmers are unwilling to sell in a hurry as they try to make sense of the fluid economic and environmental situation. This presence a challenge for processing companies who end up not being guaranteed of surplus.
ZSE optimistic
The Zimbabwe Stock Exchange (ZSE) is optimistic of bright prospects on its bourse in view of planned introduction of a wide range of new products and services in response to market needs.
Energy sector faces revamp
The energy sector is expected to experience some remarkable turnaround following President Mnangagwa’s swearing in of Hon Fortune Chasi as the new Minister of Energy and Power Development, taking over from Hon Joram Gumbo who has assumed new responsibilities as the Minister of State for Presidential Affairs in charge of Implementation and Monitoring.
Efforts to raise wheat production pay off
Government’s drive to increase wheat production has begun paying dividends with the country recording a 28,3 percent increase in yield per hectare output, statistics provided by the Reserve Bank of Zimbabwe in its Quarterly Economic Review have indicated.
Direct procurement method explained
Section 33 of the Public Procurement and Disposal of Public Assets (PPDPA) Act defines direct procurement method as a method of procurement where a procuring entity procures its requirement from one bidder or supplier without having received bids from other bidders. The procurement method should be used only under exceptional circumstances. The method sets aside the rules for ensuring competition amongst suppliers and for this reason it may create a fertile ground for abuse.