Business

Nestlé cereal output to grow 35 pct

NESTLÉ Zimbabwe (Nestlé) expects cereal output to increase by 35 percent thanks to the US$7 million investment into the Roller Dryer 4 plant in Harare, which will also prop up supply to east and southern African markets. The expansion builds on Nestlé’s decade-long US$40 million investment in Zimbabwe, affirming its long-term market share. The new…

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Parents owe BCC ZiG100m in school fees

SOUTHERN EDITOR BULAWAYO City Council (BCC) says its public education system is facing growing financial pressure, with over ZiG 114 million in unpaid school fees recorded by the end of the first term of 2025. The local authority revealed that the outstanding fees affect all 31 of its schools, which are predominantly located in the…

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‘Private sector can end power outages’

Brandon Josphat CHIEF WRITER josphatbl@dailynews.co.zw PRIVATE companies can play a crucial role in ending electricity outages in the country by generating their own power, according to the chairperson of the Intensive Energy User Group, Eddie Cross. This comes as load-shedding has intensified across the country in recent months, with some areas now once again experiencing…

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ED calls for value addition, ease of doing business

chirimujiris@dailynews.co.zw PRESIDENT Emmerson Mnangagwa says prioritising value addition and improving the ease of doing business will see the country’s economy grow in leaps and bounds. Speaking in Harare yesterday during the commissioning of National Foods’ three breakfast cereal pasta plants worth a combined US$22,7 million, Mnangagwa said the plants would see the country’s import bill…

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Business

Govt works to reduce agricultural production costs

GOVERNMENT says it is currently devising solutions meant to minimise costs in agricultural production in a bid to improve food security. Speaking to the Daily News yesterday, the permanent secretary in the ministry of Lands, Obert Jiri, said farmers were worried over high costs of production. “As a ministry we are focused on production issues…

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Business

Praz awarded Chimombe, Mpofu goat tender: Basera

FORMER ministry of Agriculture permanent secretary, John Basera, yesterday appeared at the High Court where he confirmed that Blackdeck, a company contracted by the government to supply 600 000 goats, met all the tender conditions. Basera, now the ministry of Local Government permanent, was testifying in the trial of two Harare businessmen, Mike Chimombe and…

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Business

Buy Zim to reveal best performing brands

BUY Zimbabwe, in collaboration with Select Research, will today award best performing brands in the country as a way of promoting local products. This comes as Buy Zimbabwe recently undertook research on the market for consumer preferences on different products and brands that include agricultural produce, foodstuffs, beverages, cooking oil, and clothing. In a statement…

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Business

Stanbic commits to play pivotal role in mining

STANBIC Bank Zimbabwe has reaffirmed its commitment to supporting the country’s power supply needs by offering future-fit, sustainable financing solutions for renewable energy projects, particularly in support of the mining sector. Speaking at the annual Chamber of Mines President’s Dinner in Victoria Falls recently, Stanbic Bank chief executive (CE), Solomon Nyanhongo, said the bank, a…

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