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Insure crops against El Nino drought

HARARE – A leading agriculture information portal has urged farmers to sign up for new crop insurance against predicted crop failure due to the looming El-Nino-induced drought. The Farmers Voice warned farmers of the looming El Nino — a warming of sea surface temperatures in the Pacific which can lead to scorching weather in eastern…

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Fall army worms damage Gwanda maize crop

GWANDA – Agriculture, Lands and Rural Resettlement ministry has said the crop-devouring caterpillars known as fall army worms had damaged 30 percent of the maize crop in Gwanda. The pest is native to the Americas but has spread to African countries including Zimbabwe, Malawi, South Zambia, Namibia, Mozambique, the Democratic Republic of Congo and Uganda….

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Bird flue threatens Innscor profit growth

HARARE – Zimbabwean fast food group Innscor Africa has said it was in danger of breaking its streak of profit growth as it scrambles to deal with bird flu in its most lucrative market. The Zimbabwe-listed firm, which comprises in-house brands Chicken Inn and Pizza Inn and the Nando’s and Steers franchises, said that the…

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November trial date for Makandiwa over ‘fake prophecy’

HARARE – A High Court judge has set a November 5 trial date for the United Family International Church (UFIC) leader Emmanuel Makandiwa and his wife Ruth who stand accused by a Harare couple of “fake prophecies, fraud and defamation.” The High Court has rejected a request by Makandiwa’s lawyers to throw out a suit…

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Metbank bets on real estate

HARARE – Metbank says it will continue to pursue a property development-centred strategy after adding $15 million to its investments in real estate during the half year to June, 2018. The bank’s investment property-dominated balance sheet sets it apart from the rest of the pack as local financial institutions have noticeably grown fond of investment…

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Telecoms regulator flexes muscles

HARARE – Zimbabwe’s telecommunications regulator says it will order companies in the sector to connect marginalised people in Maranda, Mwenezi, who have no access to communication channels. The small business centre on the northern edge of Mwenezi is only serviced by Zimbabwe’s largest mobile network services provider,  Econet. Phibeon Chaibva, an official with the Postal…

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NetOne rewards Mutenderende High School

HARARE – Zimbabwe’s second largest mobile network provider NetOne has donated state-of-the-art computers to Mutenderende High School in Chirumanzu. The rural school was the National Blood Service Zimbabwe (NBSZ) winners for the year. At the beginning of the year, the mobile network operator partnered with NBSZ and donated $25 000 to the institution to improve…

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CZI congress starts Wednesday

HARARE – The Confederation of Zimbabwe Industries (CZI) will hold its 2018 Congress and International Investment Forum at Holiday Inn, Bulawayo this week. The congress will start from Wednesday, September 26 to Friday, September 28, 2018. The annual gathering, which will run under the theme “From dialogue to implementation —  it’s time to act”, will…

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Govt to slash tourism fees

HARARE – Tourism minister Prisca Mupfumira says one of her immediate actions would be to review entrance fees to national parks for domestic tourists. Mupfumira was one of a few ministers to retain her post in President Emmerson Mnangagwa’s largely youthful administration appointed recently. She now presides over an expanded portfolio that includes the administration…

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Insurance brokers dream again

HARARE – Insurance Brokers are targeting to double their market share to 80 percent within the next two years on the back of anticipated increased economic activity. The brokers, who are regulated by the Insurance and Pensions Commission (Ipec) and offer advice to prospective policy holders who want to buy an insurance policy or join…

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