THE Forestry Commission has witnessed a worrying increase in wood poaching for domestic use purposes in urban areas as power supplies in the country worsen, the commission’s director-general, Abednico Marufu has confirmed. The commission has since roped in the police and other State security agencies to reduce the rampant cutting down of trees as more…
MORE international airlines are expected to start servicing the country next year, while some, from the 14 already doing so, are considering…
DIVERSIFIED investment group, Innscor Africa Limited, handed over US$453 588 to the Innscor Africa Employee Share Trust after recording solid profit and revenue outturn for the financial year ended June 2022. The Zimbabwe Stock Exchange listed group has subsidiaries, which includes Probrands, Natpak, National Foods, Irvine’s, Colcom, AMP and Mill Bake, among others. Speaking at…
ZIMBABWE is considering hastening the implementation of a national health insurance policy that will aid in the provision of cheaper medical services, a cabinet minister said yesterday. Finance and Economic Development minister Mthuli Ncube, pictured, told a post-budget review seminar in Harare that the country might review upwards excise tax in order to fund the…
THE Zimbabwe Stock Exchange (ZSE) on Wednesday listed the country’s first real estate investment trust (REIT), Tigere Property Fund, by Terrace Africa. REITs allow investment in real estate without the need to directly buy, manage or finance a property. Officiating at the listing ceremony, Finance and Economic Development minister Mthuli Ncube said the country was…
ENERGY and Power Development minister Zhemu Soda is set to come up with measures to curb the current power crisis exacerbated after Zesa was advised to temporarily stop generating power from Kariba Dam until early next year following the exhaustion of its ration. Speaking during a post Cabinet media briefing on Tuesday night, acting minister…
GOVERNMENT has threatened to repossess underutilised land and allocate it to over 270 000 potential farmers on its waiting-list. Speaking at the unveiling of the Agricultural Rural Development Authority (Arda) Vision Incubator and Accelerator Model (Arda VIAM) in Harare yesterday, Agriculture minister Anxious Masuka, pictured, said demand for arable land was on the increase in…
THE government is proposing changing the terms of a US$3.5 billion compensation deal signed with white former farmers two years ago, after…
IN 2007 as inflation walloped the Zimbabwean currency, rendering it valueless, then 54-year-old Langton Musaigwa of Mataruse village west of Zimbabwe in…
TELECOMMUNICATIONS giant, Econet Wireless, has launched its annual Christmas promotion, with over US$375 000 worth of prizes to be won. Speaking at the launch of the promotion in Harare yesterday, Econet chief commercial officer Navdeep Kapur said this year’s “iKhisimusi Sifikile/Kisimusi Yatosvika” promotion, now running for the third year in a row, had been revamped…
