Macadamia prices rise modestly, remain below production cost  

Edgar Vhera Agriculture Specialist Writer AFTER a modest rise from US$0, 70 per kilogramme at start of the 2024 season to the current US$0, 90 to US$1, 20, prices of…

Undercapitalised can’t declare dividends:RBZ

Tapiwanashe Mangwiro Senior Business Reporter The Reserve Bank of Zimbabwe (RBZ) has directed all banks and microfinance institutions that are not compliant with the regulatory minimum capital requirements not to declare…

US$143m windfall for tobacco farmers, as average price rises 13pc

Edgar Vhera Agriculture Specialist Writer  TOBACCO farmers have pocketed US$143 million from the sale of 41 million kilogramme of flue-cured tobacco at both the auction and contract floors, as trading entered…

MMCZ to combat smuggling

Martin Kadzere The Minerals Marketing Corporation of Zimbabwe (MMCZ) is ramping up its efforts to combat mineral smuggling with the State-owned agency intensifying its monitoring and surveillance systems to curb…

Takatso collapse: SAA looking for new CEO

South African Airways (SAA) has said it would appoint a permanent chief executive after its deal with Takatso Consortium as a strategic equity partner (SEP) collapsed last month. In March,…

‘US must boost Africa ties to secure key minerals’

 The US must boost commercial ties with African countries to curb reliance on China for supplies of critical minerals, a Washington-based think tank said on Tuesday. “US economic and national…

Youths attend capacity building programme in farming

Mangaliso Lawrence Kabulika GOVERNMENT’S drive to prepare youths to seamlessly take over the agricultural production processes from ageing farmers continues to gain traction with 200 young people currently attending a…

Binance executive caged in Nigeria

Tigran Gambaryan, a US citizen and Binance’s head of financial crime compliance, has been sent to Kuje Correctional Centre pending the determination of his bail application. The trial judge, Emeka…

East Africa mulls US dollar securities to cushion investors

East African stock market chief executives are considering a policy shift to allow them to issue debt instruments in hard currency to open competition with commercial banks over the issuance…

Man found naked at a homestead in Shurugwi

Freedom Mupanedemo A middle-aged man was found roaming naked around a homestead in Shurugwi in the early hours of today. Homestead owner, Mr Phillip Chironde said the man, whose identity…

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