BUSINESS NEWS

Business reporter

… feasibility study scheduled for January 2022

A six month feasibility study for the possibility of including Zimbabwe on the Kazungula Bridge Project (KBP) is set to commence on 17 January 2022, a contact from the Ministry of Transport and Infrastructural Development has disclosed.

Staff Reporter

The fuel supply situation in the country is soon going to improve as the National Oil Infrastructure Company (NOIC) is set to enter into an agreement with Nigeria’s JC Crusader Global Limited (JCGL) to supply 7.4 million litres of diesel every month for the next five years.

Business Reporter

Gold deliveries to Fidelity Printers and Refineries (Fidelity) has increased by nearly 45 percent to 25 287 kilograms from 17 494 kilograms delivered in the comparable period last year.

Staff Reporter

President Emmerson Mnangagwa yesterday officially commissioned tourism facilities in Victoria Falls which include Palm River Hotel with a 73 room capacity, Zambezi Boutique boasting suits and Nkosi Lodge with 24 rooms.

Staff Reporter

The pegging of prices by businesses using the black market rate is fuelling unnecessary price hikes and consequently distorting and eroding the economic gains that have been achieved to date.

Staff Reporter

Tobacco Industry and Marketing Board (TIMB) has warned that all tobacco contractors who failed to pay their debts and comply with the regulations will not be registered for this 2021/2022 agricultural season.

Staff Reporter

The subscription for the Climate-Proofed Presidential Inputs Pfumvudza/Intwasa Supply Scheme has been overwhelming, as the country prepares for the 2021/2022 farming season.

Agriculture Reporter

Government launched the National AgriTech Strategy (2021-2025) yesterday, which seeks to transform the agriculture sector and help farmers connect to mainstream markets and industries in a bid to improve their livelihoods.

Staff Reporter

President Emmerson Mnangagwa yesterday sent his condolences messages to the Munatsi family following the death of the Zimbabwe Investment Development Authority (ZIDA) Chief Executive Officer (CEO), Douglas Munatsi, in a mysterious inferno.

Staff Reporter

The ruling party Zanu PF has rolled out the revised indigenisation and economic empowerment policy in Manicaland province in line with the national economic development agenda.

Staff Reporter

ZANU PF Youth League executive said Zimbabwe is now on its way to economic transformation anchored on President Emmerson Mnangagwa’s Vision 2030.

Staff Reporter

Finance and Economic Development Minister Mthuli Ncube yesterday unveiled in Parliament a $927, 3 billion 2022 national budget and said that the economy was expected to grow by 5.5 percent.