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Nestlé Zimbabwe appoints new MD

© NESTLÉ Zimbabwe has appointed Eunice Ganyawu-Magwali as its new and first female managing director, taking over from Ben Ndiaye. Ganyawu-Magwali, who will be in charge of operations in Zimbabwe, Zambia and Malawi, has an exceptional record working in the fast-moving consumer goods (FMCG) sector. [GoogleAd] “Nestlé believes that Eunice’s vast experience in the dairy,…

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Chamber of Mines gives thumbs up to EPOs

© THE Chamber of Mines of Zimbabwe (CoMZ) says the current legal and institutional framework governing Exclusive Prospecting Orders (EPOs) can promote the growth of the mining sector if properly enforced. This follows on-going debate on the importance of EPOs in the development of the mining industry and, specifically, on whether these instruments would require…

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Southern Cotton  targets 60 000 hectares

©  ZIMBABWE’S second largest cotton firm, Southern Cotton Company (SCC), says it is targeting to distribute farming inputs for over 60 000 hectares of land in the 2019/2020 season. [GoogleAd] Zimbabwe’s cotton industry almost collapsed and players in the industry have been working on a vigorous resuscitation drive to increase output. SCC managing director Caos…

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80 percent of land idle

©  EIGHTY percent of Zimbabwe’s most productive land is lying idle, while two million skilled agricultural experts have been forced to switch to the informal sector for a living, Jacob Mudenda, the Speaker of Parliament, revealed this week. [GoogleAd] Mudenda is baffled that Zimbabwe, with so much natural resource endowments, has continued to experience low…

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Dawn targets more construction projects

© LISTED real estate firm Dawn Properties (Dawn) says it plans to construct more housing units next year to reduce the housing backlog in the country. Zimbabwe is struggling with a 1,25 million housing backlog, a situation that has seen desperate home-seekers being duped of their hard-earned money by unscrupulous land barons. [GoogleAd “We look…

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Liquid Telecom rolls out free Wi-Fi zones

© LIQUID Telecom (Liquid) says it has successfully rolled out free Wi-Fi in 48 higher and tertiary learning institutions in Zimbabwe as part of its long-term initiative to equip citizens across Africa with digital age access and skills. The programme, known as Edu-Zones, is part of the group’s corporate social responsibility (CSR) to help students…

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Tongaat delays share trading resumption

© TONGAAT Hulett (Tongaat) has delayed its share trading resumption after requesting for a further delay in lifting of the share trade suspension on the Johannesburg Stock Exchange. The sugar producer’s shares were suspended on the JSE in July pursuant to a written request from the board of directors of the company. [GoogleAd] Shareholders were…

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EcoCash brings relief

© ZIMBABWE’S largest mobile money platform, EcoCash, is now fully back on line after a major and extensive system upgrade last month. The upgrade resulted in improved platform performance, increased system capacity, enhanced transaction security and many other improvements that EcoCash said match international standards. [GoogleAd] A survey conducted across the country by businessdaily shows…

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Vaya Tractor seals strategic partnerships

© CASSAVA Smartech’s EcoFarmer Vaya tractor has clinched strategic corporate partnerships with CBZ, the Cotton Company of Zimbabwe (Cottco) and farm equipment suppliers William Bain and Agricon to provide tillage equipment for farmers and boost agricultural productivity. [GoogleAd] The financial technology firm launched EcoFarmer Vaya Tractor earlier this year to help boost agricultural output and…

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Insurers pay $500m in claims

© THE Insurance and Pensions Commission (Ipec) says the industry paid out claims of more than $500 million during the three months ended September 2019. Grace Muradzikwa, the statutory body’s commis- sioner, said more than 90 percent of the claims incurred during the period were paid. [GoogleAd] “Contrary to what other people say, the industry…

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