Business

Tight regulations hamper horticulture

THE Horticulture Development Council (HDC) says costs, tight regulation and strict compliance measures are hampering horticulture production in the country. Speaking to Daily News on Sunday, HDC chief executive Linda Nielsen said plans were underway to engage the Treasury so that they can map a way forward that will promote maximum horticulture production. “We’re in…

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Cresta Sprayview completes major refurbishment

Takudzwa Dhambu CRESTA Sprayview Hotel in Victoria Falls has completed a major refur­bishment of all its 65 bedrooms and suites as part of an ongoing upgrade programme aimed at enhancing guest comfort and maintaining the hotel’s competitive edge in the resort town. Cresta Hotels managing director Rutendo Badenhorst said the refur­bishment was in line with…

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Unki Mines High Court appeal thrown out

Rutendo Ngara SENIOR STAFF WRITER THE High Court has dismissed an application by Unki Mines seeking to stop the Zimbabwe Revenue Authority (Zimra) from collecting an undisclosed tax debt arising from unpaid returns. Court papers show that from 2020, Unki Mines submitted its tax returns to Zimra manually af­ter the tax authority’s administra­tion system did…

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Afreximbank pleased with project

THE African Export-Import Bank (Afreximbank) has expressed satisfaction with the steady progress being made in the construction of its African Trade Centre in Harare, which is expected to be commis­sioned early next year. In a statement yesterday, the government said an Afreximbank delegation that recently toured the site noted that the project was advancing according…

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Retailers hail local shareholding policy

RETAILERS have described a new policy com­pelling foreign nationals to cede 75 percent shareholding to locals as a progressive step for indigenous empowerment. The directive requires foreign operators in reserved sectors to dispose of the majority of their shares to Zimbabweans within three years. Speaking to the Daily News On Sunday, Confederation of Zimbabwe Retailers…

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Zim secures grant to fight drought

Takudzwa Dhambu ZIMBABWE has secured a major financial boost to combat climate-induced shocks following the approval of a grant from the African Development Bank (AfDB) and the African Development Fund (ADF). The funding is part of a regional initiative titled “Mitigating Fragility Through the Africa Disaster Risk Financing Programme (ADRiFi) in Southern Africa,” a project…

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Chiwenga pushes for local value addition in mining

VICE President Constantino Chiwenga has called on the mining sector to move away from exporting raw minerals and focus on local value addition and ben­eficiation. Speaking at the official opening of the 28th Mine Entra Conference in Bulawayo in October, Chiwenga emphasised that leveraging on tech­nology and building local industries is key for the empowerment…

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Mahomva appointed NetOne PR chief

THE Ministry of Information’s director of International Communications Services, Richard Mahomva, has been appointed as NetOne’s new head of public relations, bringing with him years of experience in strategic communication and public affairs. The appointment was confirmed by the ministry’s permanent secretary, Nick Mangwana, in a post on his X account yesterday. “Richard Mahomva is…

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ZITF to push for regional integration

THE Zimbabwe International Trade Fair Company (ZITF) has set the stage for the 2026 edition of the Zimbabwe International Trade Fair with a bold theme signalling a strong push toward regional integration and industrial competitiveness. The annual trade show, set to run from April 20 to 25, 2026, at the Zimbabwe Conference and Ex­hibition Smart…

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Mazoe expands global footprint

Takudzwa Dhambu SCHWEPPES says Mazoe Orange Crush, the iconic Zim­babwean concentrated citrus drink, continues to experi­ence strong demand locally and abroad. Speaking to the media at the Mazoe Magic Buy and Win promotion handover ceremony, Schweppes manag­ing director Stanley Muchenje said the brand is now being exported to multiple regions, including Europe, the United Kingdom,…

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