Spiking fertilizer prices spark fears of global hunger

The latest sanctions imposed on Russia and Belarus have sent global prices for fertilizer soaring to an all-time high. The two countries are major exporters of potash, critical for the…

Simbisa lauds favourable working environment

Enacy Mapakame Zimbabwe’s largest quick service restaurants (QSR) group, Simbisa Brands Limited’s performance for the half year to December 31, 2021, recorded significant growth on the back of a favourable…

Cottco debt to farmers almost cleared

Business Weekly/NewZiana The financially hamstrung, Cotton Company of Zimbabwe (Cottco), expects to clear outstanding payments to farmers at the end of this month. Cottco owed farmers $2.5 billion for cotton…

Innscor Africa executes US70 m expansion drive

Business Writer Innscor Africa says it continues to execute on its US$70 million expansion programme with new investments spanning the beverage, milling, baking, protein, and packaging segments, all scheduled for…

Zimra moves to curb smuggling

Business Weekly/NewZiana The national revenue collector, the Zimbabwe Revenue Authority (Zimra), last Thursday pledged to increase vigilance at ports of entry to ensure that the country does not serve as…

Eskom considers taking climate funds as equity injection

News24.com Eskom is planning to propose that some of the funding the country secured to help tackle climate change take the form of loans to the government that could be converted…

Fastjet to resume Harare-Bulawayo evening flights

Leonard Ncube Victoria Falls Reporter LOW-COST airline Fastjet says plans are under way to re-introduce evening flights between Bulawayo and Harare. The airline currently operates daily scheduled domestic flights between…

Zim Engineer elected into world board of engineers

Michael Magoronga Business Correspondent ZIMBABWEAN engineer and energy expert, Engineer Martin Manuhwa, has been elected into the Executive Council of the World Federation of Engineering Organization (WFEO), becoming the first…

Tobacco output set to fall

Business Reporter Zimbabwe’s tobacco output is expected to fall by 11 percent this year from 211 million kilogrammes last year, according to the Tobacco Industry and Marketing Board (TIMB). “We…

ZSE opens week bullish

Michael Tome Business Reporter RioZim was the top riser in yesterday’s trading on the Zimbabwe Stock Exchange rising by 19, 23 percent to close the day at $62, a 55…

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