HARARE, June 28 (The Source) – Zimbabwe’s Tobacco Research Board (TRB) exported barley tobacco seed worth $1.6 million in the 2016/7 season and plans to set up shop in regional markets to boost the numbers, an official has said. TRB general manager Dalia Garwe told… Read More
HARARE, June 28 (The Source) – General Beltings Holdings says a 38 percent reduction in prices resulted in the company remaining in a loss position in the first six months of the year, but it anticipates a second half recovery supported by new partnerships.
HARARE, June 28 (The Source) – Logistics group, Unifreight says its outlook is ‘extremely favourable’ after cost cutting measures resulted in savings of $5 million annually.
HARARE, June 28 (The Source) – Zimre Holdings Limited (ZHL) on Wednesday said it has been granted permission by the central bank to open a $2 million offshore account for its reinsurance company, Baobab, to allow the company to underwrite foreign insurance business.
HARARE, June 28 (The Source) – Zimbabwean businesses should take advantage of the country’s trade agreements with the Common Market for Eastern and Southern Africa (Comesa) to narrow a growing trade gap, an industry official has said.
HARARE, June 28 (The Source) – Zimbabwe needs to embrace public-private partnerships and reduce its reliance on parastatals in order to create a good economic environment that attracts more investment, according to an independent economic and political analyst.
HARARE, June 26 (The Source) – About 67 percent of loans issued by the Small and Medium Enterprises Development Corporation (SMEDCO) loans have not been recovered in the seven years to December 31, 2016, and the ministry sought to avoid accounting for the money, the… Read More
HARARE, June 26 (The Source) – Former Reserve Bank of Zimbabwe governor Gideon Gono has been appointed to chair the Special Economic Zones board, marking his comeback to public office since he left the apex bank in 2013.
HARARE, June 26 (The Source) – Zimbabwe Parks and Wildlife Management Authority (Zimparks) is planning to upgrade facilities and install artificial lighting in the famed Victoria Falls Rainforest, which it is considering opening round the clock to attract more tourists.
HARARE, June 26 (The Source) – Zimbabwe has put in place the necessary legal framework for the establishment of a specialized court to deal with commercial disputes seen as crucial to improving the ease of doing business.
HARARE, June 23 (The Source) – You know election season is around the corner when political parties start making promises they cannot keep.
HARARE, June 23 (The Source) – Agro-industrial group TSL on Friday reported a 163 percent increase in net income to $1,58 million in the six months to April 30, driven by an improved performance by the agro chemicals business and higher grain production.
HARARE, June 22 (The Source) – Zimbabwe’s largest media group,Zimpapers, says that it has budgeted capital expenditure of $3,8 million for 2017 and has so far spent $780,000 on equipment and property development.
VICTORIA FALLS, June 20 (The Source) – Zimbabwe has signed a comprehensive agreement with unnamed Chinese investors for the construction of its ‘Disneyland in Africa’, a tourism and conference theme park in the resort town of Victoria Falls, the tourism minister said on Wednesday.
HARARE, June 21 (The Source) – Zimbabwe’s Tobacco Research Board says it produces enough seed to serve both the domestic and export markets, despite receiving no government support.