Business

Business

Government commissions 30-hectare irrigation scheme

GOVERNMENT has completely transformed the lives of villagers in Ward 9 under Umguza District in Matabeleland North following the establishment of a 30-hectare irrigation scheme in Redwood, which was commissioned yesterday. This comes as the Second Republic has made food security a top priority and is working towards a US$8,2 billion agriculture industry economy, contributing […]

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Business

Huge crowd for Croco Ford ‘Show and Tell Event’

Staff Writer Croco Ford Zimbabwe attracted huge traffic to its Ford ‘Show and Tell’ event over the weekend in a bid to market the latest Next Gen Ford Ranger and Everest among other vehicles. The event was held at Croco Commercial Newlands Branch. The ‘Show and Tell’ event gave customers and the general public an […]

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TIMB says about 267 million kg of tobacco worth US$812 million have been sold via contract floors while 19,7 million kg valued at US$56,8 million have been sold through an auction system.(File Picture)
Business

Tobacco deliveries 49pc ahead of 2022

Tobacco deliveries have reached nearly 287 million kilogrammes, a 49 percent increase from the 193 million delivered during the same period last year, official figures show. By day 83, tobacco worth about US$869 million had been sold through contract and auction floors, compared to US$588 million during the same period last year, according to statistics […]

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Minister of Lands, Agriculture, Fisheries, Water and Rural Development, Dr Anxious Masuka.
Business

Zimbabwe ponders wheat, maize exports

BASKING on the glory of increased agricultural production under the Second Republic, Zimbabwe has not only attained food self-sufficiency but is now considering exporting excess maize and wheat to other countries within the African region. In line with the National Development Strategy (NDS1), the country has already hit the US$8,2 billion agriculture sector economy target […]

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Business

Econet turns the skies blue with impressive 25th anniversary celebrations branding

ECONET Wireless Zimbabwe, which is celebrating 25 years since it started operations in the country, this week turned Harare and Bulawayo’s night skies blue when it lit up the entire Joina City building in the capital’s central business district, and Bulawayo’s City Hall with impressive blue lighting, beaming brightly against the company’s logo and lighting […]

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Business

Jacob Zuma in Zimbabwe for Carbon Credits Market Forum

Former South Africa leader, President Jacob Zuma is in Victoria Falls for the inaugural African Voluntary Carbon Credits Market Forum. He is expected to address delegates representing Belarus Africa Foreign Trade Association. Minister of Environment Climate, Tourism and Hospitality Industry Nqobizitha Mangaliso Ndlovu is the guest speaker. Malawi minister of Environment, Dr Michael Usi is in […]

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Business

‘Manufacturing sector confidence impressive’

THE Government is impressed by the confidence that players in the manufacturing sector are demonstrating in the economic policies that the Second Republic is implementing, President Mnangagwa has said. He said this while commissioning new and improved manufacturing plants worth US$70 million at Delta Beverages in the capital on Thursday. The three investment projects include […]

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File Photo: A combine harvester at work at the Arda Antelope Estate in Matobo
Business

Matabeleland South exceeds winter wheat target

MATABELELAND South Province has put 3 300 hectares under wheat this winter against a target of 3 200 hectares with projected output of 16 500 tonnes. Last year the province planted 2 286 hectares under the crop which is mainly grown at Arda Antelope Estate in Matobo and Arda Ingwizi Estate in Mangwe. There are […]

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Justice, Legal and Parliamentary Affairs Minister Ziyambi Ziyambi (second from right) officially launches the Pomona Commercial Centre. Looking on are Mashonaland Holdings managing director Gibson Mapfidza, board chairperson Engineer Grace Bema and representatives from the Secretary for Provincial Affairs and Devolution. — Harare Metropolitan Province
Business

Mash Holdings in US$15m property development

PROPERTY investment and development firm, Mashonaland Holdings has embarked on the construction of a US$15 million commercial centre in Pomona in response to emerging market needs. The model resonates with the growing trend where office spaces are growingly being developed out of the central business district. Pomona commercial centre will deliver 14 000 square meters […]

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Business

Dairibord Holdings records volume growth

DAIRIBORD Holdings Limited says despite the turbulent operating environment experienced in 2022, the group recorded volume growth compared to the prior year underpinned by diversification thrust and implementing affordable pricing models The firm said extended lead times throughout supply chains, delays in payment from the foreign currency auction system and increased labour costs exerted pressure […]

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