Minister says maize producer price too high

HARARE, September 21 (The Source) – Zimbabwe’s maize producer price of $390 per tonne is too high and makes agriculture based commodities uncompetitive for export, Agriculture, Mechanisation and Irrigation Development deputy Minister responsible for Livestock Paddy Zhanda said on Thursday. “The price of maize of… Read More

Axia FY profit up 6pct to $15,3mln

HARARE, September 21 (The Source) – Axia Corporation reported a six percent increase in  after tax profit to $15,3 million in the year ended June from $14,5 million last year on increased revenue. Revenue at $248,3 million was 26 percent up on prior year’s $197,5… Read More

Zim mints more bond coins

HARARE, September 21 (The Source) – Zimbabwe is moving to inject additional bond coins valued at $3 million into the local market, it has emerged. According to a September 20, 2017 invoice seen by The Source from South African Mint chief financial officer, Gerda Janse… Read More