TIMB bans private sale of non-contract tobacco

Harare Bureau THE Tobacco Industry and Marketing Board (TIMB) has directed that all free-funded tobacco will be sold through the auction system this year. Tobacco production is grown under two…

Zimpapers Tobacco Expo slated for Rusape

Ray BandeSenior Reporter ZIMPAPERS Mutare (The Manica Post and Diamond FM) will host its inaugural Manicaland Tobacco Expo in Rusape early next month. The event, which coincides with the launch…

Competitiveness summit to solve critical economic issues

Business Reporter THE National Competitiveness Commission Summit held in Bulawayo last week could not have come at any better time, given growing calls from the business community for authorities to…

How sanctions crumbled Khayah Cement’s business

Martin Kadzere Senior Business Reporter Just two years after Fossil Mines acquired 76,45 percent stake in Lafarge Cement from global cement manufacturing giant Holcim, the business has crumbled under the…

Mandatory sustainability reporting for listed entities

Business Reporter In a landmark move towards enhanced corporate transparency and environmental responsibility, Zimbabwe has made sustainability reporting mandatory for all entities listed on the Zimbabwe Stock Exchange (ZSE) and…

Mat North expects small grains bumper harvest

Peter Matika, [email protected] THE Government has expressed satisfaction that smallholder farmers in arid and semi-arid regions have dedicated more land to small grains this year, with Matabeleland North province anticipating a…

Diaspora investment key to Mat’land’s growth

Sikhulekelani Moyo, [email protected] THE private sector must play a crucial role if Zimbabwe is to achieve its goal of upper-middle-income status by 2030. That’s the call from Mr Ntando Ndlovu, leader…

Government begins formalising the informal sector

Nokuthaba Brita Ncube, [email protected] THE Government has launched a programme to register all informal sector traders, creating a database to facilitate their compliance with the country’s laws and ensure they receive…

Businesses lobby for more relief measures . . . Firms remain optimistic for the year

Nelson Gahadza COMPANIES are lobbying the authorities to review conditions of doing business to enhance operational viability, which captains of industry and commerce say is being weighed down by several…

Truworths: Shareholders’ value completely wiped out

Business Reporter  TRUWORTHS Zimbabwe Limited, once a clothing retail giant boasting 101 stores across the country, has narrowly escaped liquidation after creditors approved a corporate rescue plan.  The plan, orchestrated…

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