Govt to regulate contract farming

HARARE, February 19 (The Source) – Government is working on a legal framework to govern contract farming to curb side-marketing and exploitation that has become rampant in the sector, agriculture minister Joseph Made said on Wednesday. “The ministry is already collecting views and information to be… Read More

ZSE recovers on heavyweight gains

HARARE, February 19 (The Source) – The stock exchange recovered slightly on Wednesday, with the industrial index gaining 0.64 points to end today’s trading session at 189.68 points with support from some blue chip counters. Seed Co, Delta and Innscor were all in the positively… Read More

Ingwebu sets up mahewu plant

BULAWAYO, February 19 (The Source) – Bulawayo City Council’s Ingwebu Breweries is setting up a plant to produce non-alcoholic sorghum beverage mahewu in a bid to diversify its income streams from its traditional beer offering, an official has said. “We are working on setting up… Read More

Tourism workers, employers reach pay deal

VICTORIA FALLS, February 19 (The Source) – Tourism workers and employers have agreed salary increments of 5.5 percent for the high earning employees and 45.5 percent for the lowest paid workforce, the industry union has said. Zimbabwe Tourism and Allied Workers Union secretary general Penel… Read More

Unki set up gobbles $400 mln

GWERU, February 19 (The Source) – Anglo-American Platinum (Amplats) says it has so far spent $400 million from the $450 million initial capital earmarked for its Shurugwi unit, Unki Mine. The chief financial officer, Collin Chibafa told The Source that the first phase of Unki… Read More

Tobacco selling season opens

HARARE, February 18 (The Source) – Zimbabwe’s 2014 tobacco marketing season opens on Wednesday with earnings expected to top the $616 million achieved in the prior year on higher output, providing relief to an economy starved of liquidity. Output is seen between 175 million kilogrammes… Read More