AS THE country is battling to deal with the coronavirus (Covid-19) pandemic, government has been using various ways to disseminate information and deal with the scourge. Against this background, our Daily News on Sunday reporter Tendai Kamhungira spoke to Information Communication Technology minister Jenfan Muswere on how government was using ICTs in the fight against…
MESSINA Investments, an investment vehicle controlled by British born multimillionaire Nicholas van Hoogstraten, has revived its demand for the reversal of the disposal of large swathes of prime land by CFI Holdings five years ago. In 2015, CFI Holdings Limited disposed of its 81 percent stake in the 834-hectare Langford Estates near Harare, to Fidelity…
Given the cost burdens that have come with the Covid-19 pandemic, individuals and institutions are looking at ways to minimise costs while at the same time utilising every possible time to deliver on their mandates, whether socially or commercially. During the Covid-19 epidemic, businesses are expected to use their resources and expertise to help combat…
AUSTRALIAN Stock-Exchange-listed lithium and battery minerals company, Prospect Resources says the outbreak of the Covid-19 pandemic had slowed down talks with the African Export-Import Bank (Afreximbank) to raise and manage a US$143 million project finance debt facility for Arcadia mine. Last year, Prospect and the Afreximbank signed an agreement to raise and manage a US$143…
BUSINESS WRITER PRESIDENT Emmerson Mnangagwa’s administration has been urged to involve citizens in the preparation of national budgets to ensure transparency and accountability. This comes as Zimbabwe has been ranked 52 out of 117 countries on budget transparency by the Open Budget Survey (OBS). Although the country’s transparency score has greatly improved from 20 out…
LISTED agricultural implements manufacturer Zimplow Holdings (Zimplow) is planning to become a blue-chip counter with an increased market share in the country. Zimplow chief executive Vimbai Nyakudya in an interview yesterday said the company has been on a growth path since 2017 and has since upgraded its workshops and fleet to contribute effectively towards the…
TOURISM minister Mangaliso Ndlovu says Zimbabwe will soon be utilising a tourism satellite account system to capture all income contributions in the sector. This comes as there are fears that some players in the hospitality industry are illegally transferring their earnings into offshore accounts, thereby depriving the government taxes necessary for economic development. Zimbabwe earns…
LEADING financial services institution, Stanbic Bank Zimbabwe, has put its shoulder on the wheel in the fight against Covid-19 by pledging an assortment of the much-needed equipment worth US$200 000. The Standard Bank Group subsidiary is geared to donate a total of 5 ventilators; 32 500 Personal Protective Equipment (PPEs) in the form of suits,…
ZIMBABWE should come up with new policies to ensure that the country is self-sufficient in the wake of the coronavirus pandemic, which has seen several countries shutting down their borders to control the virus, analysts have said. The lockdowns being implemented across the world to combat the spread of the virus that has affected over…
A RUSSIAN fertiliser manufacturing company, Ecorost Company, is set to construct an organic fertiliser manufacturing plant in Mutare, which will see the introduction of new technology into the country’s agriculture sector. In a statement yesterday, the company, which will bring to fruition its plan through its local firm, Keshidale Investments, said it has since imported…
