adminTobacco sales reach 240 million kilogrammes as trade continues
Edgar Vhera-Agriculture Specialist Writer TOBACCO farmers had by Day 56 sold 240 million kilogrammes of flue cured tobacco worth US$722 million compared to last season’s 154 million kilogrammes that earned…
Brics ministers meet on Ukraine conflict
CAPE TOWN. — Russian Foreign Minister Sergey Lavrov was meeting in South Africa with counterparts from the BRICS economic bloc of developing nations for discussions yesterday that will start with “an exchange of views” on major geopolitical issues, including the war in Ukraine, South Africa’s ambassador to the bloc said.
POSB opens Mutare microfinance service
Business Reporter THE People’s Own Savings Bank (POSB), on Wednesday, commissioned a microfinance service centre in Mutare to improve access to capital by micro, small and medium enterprises (MSMEs). The…
SA factory activity contracts for fourth straight month, survey shows
South African manufacturing activity contracted for the fourth consecutive month in May, with a particularly steep decline in expected business conditions, a survey showed yesterday. The seasonally-adjusted Absa Purchasing Managers’…
IMTT reduction powers EcoCash revenue
Business Reporter Listed financial services provider EcoCash Limited says the review of the Intermediated Money Transfer Tax (IMTT) in January this year has positively impacted group revenue. Chairperson Sherree Shereni…
Stocks rise on China data surprise, US Fed pause talk
Stocks in Asia were broadly higher in choppy trading as the House passed a deal to avert US default and investors weighed the prospect of a pause in rate hikes…
Irrigation development to boost agriculture investment
Elton Manguwo Irrigation development in the country has the potential to de-risk agricultural production and also grow investments in the sector, a senior Government official has said. This comes as…
Zim-Algeria relations set for new heights
Zimbabwe and Algeria’s relations continue to elevate to new heights on the back of the Second Republic’s fruitful engagement and re-engagement drive that has seen both political and economic gains, Algerian Ambassador to Zimbabwe Noureddine Yazid has said.
Chibuwe harnesses hot springs for gardens
Farmers at Chibuwe village in Ward 5 of the Rupise area of Chimanimani District are retracing their ancestors’ footsteps and using water from Hotsprings — about 80 kilometres south of Mutare —to grow vegetables and crops year-round.
Brazil protests to FIFA over racism against under-20 player
LA PLATA. — The Brazilian Football Confederation (CBF) on Wednesday said it has filed a protest with world governing body FIFA after defender Robert Renan was racially abused following a Under-20 World Cup match.