adminTobacco farmers to get unpaid dues: TIMB
Business Reporter Tobacco farmers owed by merchants for the crop delivered last season will receive their balances by end of this week, with the Tobacco Industry and Marketing Board (TIMB)…
It’s a serious crisis . . . big mess looms over limited stadiums
Eddie Chikamhi-Senior Sports Reporter THE perennial stadium crisis is set to hit the domestic Premier Soccer League clubs hard again after only six stadiums were approved to host the opening…
ZSE market turnover more than doubles
Enacy Mapakame Business Reporter Monthly turnover for February on the Zimbabwe Stock Exchange more than doubled to $24 billion from $11 billion in January 2023 despite two firms, Axia and Innscor,…
Zim raw milk output bubbles
Business Reporter Zimbabwe’s raw milk production increased by 10,13 percent in January 2023 to 8,14 million litres compared to 7,39 million litres achieved in the same period last year, latest…
SA supermarkets spend US$1bn on diesel for power
During the latter part of 2022, the country’s two largest supermarket groups – Shoprite and Pick n Pay – spent a combined R906 million on diesel for generators at stores.…
Stocks tumble, yields climb on Fed rate hike jitters
Asian equities tumbled, Treasury yields pushed higher and the dollar extended gains as hawkish rhetoric from Federal Reserve Chair Jerome Powell hurt global appetite for risk taking. A gauge of…
Chronicle Editor
- Chronicle
- March 9, 2023
- 105 views
US$150m to repair Old Gwanda Road… Local investor engages Government on build, operate and transfer deal
Nqobile Tshili, Chronicle Reporter AN Umzingwane District-born businessman has engaged Government to inject US$150 million to rehabilitate 120KM Old Gwanda Road under a build, operate and transfer (BOT) arrangement. Engineer…
Eskom to miss target to boost power output
South Africa’s state power utility will miss a target to boost output from struggling coal-fired plants by the end of March, highlighting the poor state of equipment whose viability is…
- Chronicle
- March 9, 2023
- 73 views
Ex-soldier with a passion for the ‘golden leaf’
Patrick Chitumba, Midlands Bureau Chief AFTER he was hired on two consecutive seasons to transport tobacco bales from Kwekwe to Harare auction floors and, seeing farmers being paid huge amounts…
The difference between fraud and theft
Godknows Hofisi Businesses face the risk of fraud, theft or both from employees or third parties. If one reads stories under Crimes and Courts it is common to read about…