ORGANISERS of the Zimbabwe International Trade Fair (ZITF) say they will periodically review the Covid-19 situation in the country to ensure the event set for next month is conducted in a safe environment. This comes as Zimbabwe has witnessed an increase in the number of new infections and deaths, with authorities recently imposing stricter measures…
PARLIAMENT has reiterated the call for the expeditious finalisation of the Mines and Minerals Amendment Bill, saying this will help to resolve land disputes between farmers and miners. This comes after the joint Portfolio Committees on Mines and Agriculture received a petition from Women and Land in Zimbabwe calling for the review of laws that…
FOREIGN currency shortages and inflation have negatively affected network expansion across the country, Postal and Telecommunications Regulatory Authority (Potraz) director general Gift Machengete has said. In the first quarter telecommunications sector performance report released on Wednesday, Machengete said foreign currency shortages had resulted in mobile network operators’ failure to import spares. “Foreign currency shortages will…
MINING giant Freda Rebecca Gold Mine produced 300kgs of the yellow metal last month, cementing the country’s aim of creating a US$12 billion economy by 2023 as part of a broader macroeconomic roadmap towards an upper middle-income economy by 2030. The firm’s general manager Eliakem Hove told journalists in Harare yesterday that the latest achievement…
DIVERSIFIED retail and wholesale giant N Richards Group yesterday opened another branch in Hatcliffe, Harare, bringing the group’s total operating stores throughout Zimbabwe to 38. The new Hatcliffe branch is now the 18th N Richards Group branch in the capital city. The retail and wholesale giant, which has been in business for over eight decades,…
THE Zimbabwe Cross Border Traders Association (ZCBTA) intends to mitigate the effects of the Covid-19 pandemic on their members by importing goods on their behalf from neighbouring countries. Since the start of the pandemic in March 2020, Zimbabwe’s land borders have been closed as a measure to curb the spread of the virus. This has…
TOBACCO company Grandicore has intensified efforts to recover tobacco and money channelled to farmers and inputs under the Tobacco Contract Farming Credit Scheme. Grandicore finance director Donald Ganyaupfu said their company and the industry was worried about the selling of contracted crop to a buyer other than the one who financed it. This comes as…
THE Insurance Brokers Association of Zimbabwe (IBAZ) last week elected Momentum Insurance Brokers chief executive officer, Takura Dzimwasha (TD) as chairman. The Daily…
THE government has signed a US$1,8 million deal with the African Development Bank (AfDB) to renovate the Chitungwiza sewerage system infrastructure. Through the Zimbabwe Multi-Donor Trust Fund (ZimFund) — a short to medium term infrastructure development programme which supports Zimbabwe’s economic recovery by improving the quality of life of ordinary citizens — the deal is…
LISTED mining company RioZim Limited (RioZim) has filed a High Court lawsuit against Falcon Resources (Falcon) and Rusununguko Nkululeko Holdings demanding US$2 million in damages for the chrome that was allegedly stolen from its claim in Darwendale. In its court papers, RioZim claimed that Rusununguko partnered with Falcon in 2018 to illegally mine at its…
