BUSINESS NEWS

Staff Reporter

Treasury has released ZW$750 million as part payment of the ZW$2 billion subsidy for 2021 cotton deliveries.

Staff Reporter

President Emmerson Mnangagwa has reaffirmed Zimbabwe’s commitment to the protection of capital investments.

Agricultural Reporter

The Government, through the Ministry of Lands, Agriculture, Fisheries, Water and Rural Development is going to link annual production and productivity returns to the acquisition of 99 year leases, a move that will enhance efficiency and ease of doing business.

Staff Reporter

Government has clarified on the delays in processing import permits for components that have to be sourced outside the country, Harare Post can report.

Political reporter

Holes have been punched into the opposition political party’s scheme of tarnishing Chinese investments in Zimbabwe, with the latest being on hyped claims of displacement of families in Binga, ostensibly to pave way for coal mining.

Staff Reporter

The easing of COVID-19 restrictions has witnessed an improvement in the diamond market.  This was revealed by a contact within the Minerals Marketing Corporation of Zimbabwe (MMCZ), following the Corporation’s invitation of diamond buyers and its efforts to enlist on the international markets.

Staff Reporter

The exploration of oil and gas at Cabora Bassa basin in Muzarabani by the Australian oil and gas firm, Invictus Energy (IE), is expected to commence in May 2022, a contact within the company has said.

Staff Reporter

Cabinet yesterday approved that Kuvimba Mining House be engaged as the investment partner for the resuscitation of ZISCO Steel.

Staff Reporter

Zimbabwe will assume the chairmanship of the Kimberly Processing Certification Scheme (KPCS) in 2023, the Harare Post can report.

Agriculture Reporter

Ministry of Lands, Agriculture, Fisheries, Water and Rural Resettlement Permanent Secretary, Dr John Bhasera has urged farmers to adopt new technologies in their operations as a way of increasing production and improving quality of yield.

Staff Reporter

The Agriculture Technical and Extension (AGRITEX) is exploring the feasibility of using satellite imagery and drone surveillance during the 2021/22 crop assessment under Command Agriculture/National Enhanced Agriculture Productivity Scheme (NEAPS) in determining the national crop output.

Business Reporter

….as Treasury releases ZWL $500 million for outstanding payments

Cotton farmers have expressed joy following the release of ZWL$500 million for payments to farmers for last season`s deliveries.