THE Zimbabwe Energy Regulatory Authority (Zera) say it is considering introducing windmill power in a bid to promote green energy and avoid over-reliance on hydro and thermal power in the country. This comes as the country has in the past few months been experiencing power outages as a result of persistent mechanical problems at various…
THE Swedish government yesterday availed more than US$2 million to support youth and women in agriculture to alleviate food shortages and to create employment. The grant was given to the Zimbabwe Agricultural Development Trust (ZADT) and will be used for a period of three years. Speaking at the handover of the grant, the head of…
CHINESE investors racing to secure lithium supplies could help Zimbabwe rise to become the world’s fifth biggest primary producer of the material…
ON May 8, the Reserve Bank of Zimbabwe (RBZ) began issuing gold-backed digital tokens as legal tender to stabilise the Zimbabwean dollar…
THE government is targeting to put a record 350 000 hectares under irrigation within the next two years as it moves to…
ECOCASH Holdings Zimbabwe Limited says it will hold a virtual extraordinary general meeting (EGM) on August 7 to approve a US$30 million rights issue. The rights issue will see the listed digital technology group offer existing shareholders the opportunity to subscribe for new shares at a discounted price. The proceeds of the rights issue, which…
STANBIC Bank Zimbabwe has facilitated life-changing surgical operations for 15 children living with correctible disabilities through a US$22 500 grant as part of its commitment to offer affordable quality healthcare to Zimbabweans. The grant was given to Cure Children’s Hospital of Zimbabwe (CCHOZ), which is the only healthcare organisation that offers free paediatric surgical interventions…
ECONET Wireless Zimbabwe Limited, the country’s largest mobile telecommunications and technology company, will hold an extraordinary general meeting (EGM) on August 7 to approve a US$30 million rights issue. The rights issue would see Econet offer existing shareholders the opportunity to subscribe for new shares at a discounted price.The proceeds of the rights issue, which…
ZIMBABWE’S 2023 tobacco marketing season is set to close on Monday next week, the Tobacco Industry and Marketing Board (TIMB) has confirmed. In a statement yesterday, the board said final auction clean-up sales would be conducted on July 31. This comes as the marketing season has racked in over US$880 million after selling nearly 300…
THE Consumer Council of Zimbabwe (CCZ) says it is concerned that while basic goods prices are falling in the country, the cost of small grains products remains beyond the reach of many. This comes as the country is expecting 280 966 metric tonnes of small grains from the 2022\23 cropping season. Speaking to the Daily…
