BETTER BRANDS Mining has hailed the government and experts for rescuing 15 miners that were trapped at Redwing Mine — who were…
AS ZIMBABWE grapples with a surging exchange rate and continued dollarisation, economic experts are urging the government to tackle the country’s monetary crisis head-on. Failure to do so, they warn, could cripple the formal business sector. The festive season saw a sharp rise in parallel market rate, which surpassed $12 000 for a single US…
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NICKEL output was down four percent in the third quarter of 2023, falling from 4 837 tonnes to 4 643 tonnes compared to the same period last year. Production during the quarter was, however, higher than the second quarter’s 4 312 tonnes by eight percent, with the Reserve Bank of Zimbabwe (RBZ) attributing this improvement…
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ECONET Wireless Zimbabwe, the country’s leading telecommunications and technology company, increased its investment in network infrastructure in the third quarter of 2023, extending its market share of mobile base stations to 54%, according to the latest industry report. The 2023 third quarter Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz) 2023 Sector Performance Report showed…
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KUTSAGA Tobacco Research Board says its recently introduced four “climate-smart” tobacco crop varieties, which are under testing in the southern parts of the country, are reported to be “doing very well” despite the low rains forecast this season due to the El Nino-induced drought. This comes as some tobacco farmers say they have lost part…
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THE government has warned illegal settlers to move off agricultural land and reminded them it was a crime to occupy State land…
THE Tobacco Research Board (TRB) says Zimbabweans should tap into the vast lucrative opportunities that come with industrial hemp farming. In 2020, the government legalised hemp farming for medicinal purposes. Speaking to the Daily News yesterday, TRB spokesperson Tatenda Mugabe said the board had discovered that besides concentrating on hemp production for medicinal purposes, the…
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ZIMBABWE is set to host the inaugural World Tobacco Africa Conference in May this year at the Harare International Conference Centre (HICC) with hundreds of international tobacco dealers expected to attend the event. World Tobacco Africa is owned by Quartz Business Events, who are organisers of the largest network of tobacco-related exhibitions and conferences in…
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THE country’s trade deficit for November last year grew by 107.2 percent to US$146 million according to external trade statistics released by…
WITH small-scale gold miners continuing to produce most of the precious metal delivered to authorities, major industry value chain player, Betterbrands, plans…