HARARE – Zimbabwe’s largest seed producer, SeedCo, says it is targeting to increase maize production in the smallholder sector by 275 percent from the current 0,8 tonnes to 3,0 tonnes. SeedCo Zimbabwe managing director Denias Zaranyika said increasing agricultural productivity remains a central concern for the company. “This is because it is a major factor…
HARARE – Industry minister Mike Bimha has said the application of standards leads to the production of internationally-accepted goods and services as well as remove barriers to trade. Addressing guests at the 2017 National Annual Quality Awards (Naqa) hosted by the Standards Association of Zimbabwe (Saz) on Tuesday evening, Bimha said the removal of trade…
HARARE – The African Export-Import Bank (Afreximbank) said it is seeking to engage a consulting firm to carry out a feasibility study on the construction of a multi-million dollar complex in Zimbabwe’s capital city. Afreximbank will build a permanent regional office for southern Africa in Harare with an integrated one-stop trade services shop. It is…
HARARE – Finance minister Patrick Chinamasa’s budget speech sets a good precedence in terms of policy thrust of reform and economic resuscitation with clear government austerities, international community engagement and clarity on the contentious Indigenisation and Economic Empowerment Act, but the targets are unrealistic, Old Mutual has said. Patrick Chinamasa “We must draw caution on…
HARARE – The Postal and Regulatory Authority of Zimbabwe (Potraz) yesterday made history by holding its first ever annual general meeting since 2001 when it was established. Potraz chairperson Ozias Bvute said the regulator should be ready to embrace new trends in the telecommunications industry. Ozias Bvute “Moving forward, it appears likely that we will…
HARARE – Econet Wireless Zimbabwe, whose millions of customers were affected by a data blackout last Tuesday, has leaped to Liquid Telecoms’ defence, saying its bandwidth wholesaler did everything it could to mitigate the situation and was the first to restore services through its own cables. This comes as Information, Communication, Technology and…
HARARE – Businessman Hamish Rudland has resigned from CFI Holdings (CFI)’s board ahead of a second extra-ordinary general meeting (EGM) called by Willoughby’s Investments (Private) Limited (Willoughby’s) in Harare today. This also comes as the Stalap Investments (Private) Limited (Stalap) representative’s internecine fights with Nicholas van Hoogstraten had reached fever pitch and such that four…
HARARE – Home Affairs minister Obert Mpofu has challenged the police and the Zimbabwe Revenue Authority (Zimra) to end smuggling at the country’s border posts and contribute towards revival of the economy. He said the two organisations were failing in their duties of creating sustainable employment across the country by promoting illegal activities. Obert Mpofu…
HARARE – Funeral services group, Doves Holdings, has been recognised by the Marketers Association of Zimbabwe (Maz) and the Zimbabwe Business Awards for its sterling performance in the country’s funeral industry. The company, which was founded in 1902, was voted first runner-up in the Maz SuperBrands 2017 awards and was a winner in the Zimbabwe…
HARARE – Duly Motors (Duly’s) says it expects to post an increase in truck sales growth this year due to growing local demand for imported commercial vehicles. The company’s spokesperson Hope Kemadjou said the group’s commercial trucks unit — Duly Trucks — was also anticipating increased sales in the coming few months due to a…
