BUSINESS NEWS

By Staff Reporter

Fertilizer producing firm, Sable Chemicals has secured US$1.4 million to procure raw materials for the production of fertilizers ahead of the 2020/21 cropping season.

By Rungano Dzikira

Government has said a co-ordinated approach to address challenges faced by players in the cotton and textile sector can help improve the sector’s contribution to national exports.

By Zivanai Dhewa

Despite challenges experienced by the Zimbabwe Revenue Authority (ZIMRA), in the third quarter of this year, ZIMRA managed to record a surplus above their projected collection income, the Harare Post can report.

by Grace Chekai

Treasury is considering pre-selling wheat to millers to pay farmers an amount in the region of ZW $10 billion, a move that can assist them prepare for the 2020/21 farming season which is expected to produce a bumper harvest due to the normal and above normal rainfall predicted by the Meteorologists in the SADC region.

by Grace Chekai

The Victoria Falls Stock Exchange Limited ("VFEX") has been granted permission to launch and commence trading of securities.

by Innocent Mujeri

Finance and Economic Development Minister, Professor Mthuli Ncube yesterday presented before Cabinet, the 2021 Pre-Budget Strategy Paper in which improved economic output has been projected for next year and subsequent years.

By Tafanana Kwedu

Government’s interventions to curb illicit money activities outside the formal banking system are paying dividends as evidenced by a drop in inflation figures and exchange rate stability, an official has said.

By Rungano Dzikira

The Confederation of Zimbabwe Retailers (CZR) has called on retailers to comply and complement Government’s foreign currency auction system, as it has since aided in stabilising prices and the runaway exchange rate.

By Rutendo Jiri

AfriSkills, a local engineering skills development firm, in partnership with the Construction Federation Industry (CFI) are set to host a road construction workshop at the end of this month in the capital, The Harare Post has learnt.

By Tafanana Kwedu

Government has approved the Horticulture Recovery Plan (HRP), which the Minister of Lands, Agriculture, Water and Rural Resettlement presented to Cabinet yesterday, the Harare Post has learnt.

By Tafanana Kwedu

The Zimbabwe Agricultural Show (ZAS), which was postponed in August due to COVID-19 pandemic, has been rescheduled for 28^th to the 31^st of this month in Harare under strict COVID-19 guidelines, the Harare Post can reveal.

By Patience Rashai

Zimbabwe’s largest ferrochrome producer, Zimasco is set to resume operations, for the last quarter, having closed in April owing to depressed international markets due to the COVID 19.