BUSINESS NEWS

Staff Reporter

Farmers from Mutoko district and surrounding areas have welcomed the Tabudirira Fruit and Vegetable processing hub launched yesterday by President Emmerson Emmerson saying the project will go a long way in employment creation and reducing transport costs incurred travelling to the country’s popular Mbare musika in Harare.

Agriculture Reporter

Government is ready to assist people living with disabilities with funds to start projects and positively contribute towards the growth of the country’s economy.

Staff Reporter

The commissioning of two open cast mines at Hwange Colliery Company Limited (HCCL), JKL section and Chaba Opencast Pit, have thrown a lifeline to HCCL through increased production.

Staff Reporter

Cotton farmers in Sanyati have received a boost to their cotton production through the installation of a machine-picked cotton ginnery by Agri Value Chain Zimbabwe (AVCZ), a subsidiary of Pure Oil Industries.

Staff Reporter

… As Government meets Captains of Industry

The Government, Reserve Bank of Zimbabwe (RBZ) and Captains of Industry have agreed to curb the volatility in the parallel exchange rates, which are threatening to negatively affect the country’s economic growth.

Staff Writer

One of the country’s leading diamond miners, Rio Zim Murowa Diamonds (RMD) is set to increase its diamond processing capacity by 455 percent, in an effort to improve its capacity utilisation.

Staff Writer

Zimbabwe’s tourism sector is set to rebound at the back of relaxation of COVID-19 restrictions and opening up of international travel by most countries.

Staff Reporter

… As it declares war on illegal foreign currency trade

Government through the Reserve Bank of Zimbabwe (RBZ) and the Financial Intelligence Unit (FIU), has intensified efforts of identifying and prosecuting illegal foreign currency dealers that are fuelling economic instability.

Staff Reporter

His Excellency, the President and First Secretary of ZANU PF Cde E.D Mnangagwa has called for the prioritization of the manufacture of products using locally available natural endowments.

Mat North Correspondent

Matabeleland North Provincial Minister of State for Provincial Affairs and Devolution, Richard Moyo says the New Dispensation has crafted super policies that enable local companies to prosper even during difficult times such as the COVID-19 pandemic era.

Staff Reporter

… as six potential investors are shortlisted

Economic analysts have indicated that local investors are better placed to ensure growth at the national steel company, ZISCO Steel, through value addition unlike foreign investors who prefer exporting raw minerals.

Staff Reporter

Following a successful 2021 wheat cropping season, Zimbabwe is anticipating over 340 000 metric tonnes of wheat, against a national annual requirement of 360 000 metric tonnes, as it journeys towards Vision 2030, a senior Government official has said.