Business

Farmers under go armyworm control training

OVER 200 farmers have undergone training on climate-smart pest management focusing on controlling the fall armyworm (FAW) as the 2024/25 farming season approaches. The training was conducted by agriculture experts from the Scientific and Industrial Research and Development (Sirdc) and the Extension and Advisory Services Department through participatory learning approach. The project was funded and…

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PPPs to steer economic growth - Minister

muronzereyib@dailynews.co.zw MINISTER of Industry Mangaliso Ndhlovu yesterday challenged the private sector to lead in economic development of the country through joining the government in joint projects. He was speaking in Mutare at a strategic planning workshop for the ministry of Industry where he promised that the government was prioritising organised commerce operations in the country…

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Stakeholders to meet over smart city initiatives

EXPERTS from various economic sectors are set to meet this month end in Harare to discuss how digital solutions and innovations can spur the country’s economic development. Dubbed Smart Zimbabwe Conference and Expo, the event, which will run at the Harare Showgrounds from October 30 to November 1, would feature, among others, Zimbabwe Building Contractors…

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High default rate rocks NECCI

THE National Employment Council for the Catering Industry (NECCI) says it is facing a substantial revenue deficit, losing around 30 percent of its monthly earnings to defaulters. NECCI was founded in 1962 by the Zimbabwe Catering and Hotel Workers Union and Catering Employers Association of Zimbabwe with the aim of promoting collective bargaining, good governance…

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Manufacturing capacity utilisation surges to 60,8pc

LARGE manufacturing companies recorded 60,8 percent in capacity utilisation during the second quarter of 2024 compared to 51,3 percent in the first quarter, official figures show. According to the Zimbabwe National Statistics Agency’s (ZimStats) latest data, for small and medium companies in the sector, capacity utilisation for the second quarter of 2024 was at 45,8…

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Promote afforestation — TIMB

THE Tobacco Industry and Marketing Board (TIMB) says all tobacco contractors are obligated to provide farmers with tree seedlings to promote afforestation in the country. This comes as around 60 000 hectares of forests are burnt every year to cure tobacco. TIMB acting chief executive officer Emmanuel Matsvaire said the initiative was effective from this…

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WestProp to build hotel in Harare

PROPERTY development company WestProp Holdings (WestProp) is gearing up to begin construction of a five-star apartment hotel at Millennium Heights in the first quarter of 2025, with completion expected within 24 months. This two-year project aims to empower and introduce apartment unit owners to the hospitality industry. The apartment block will feature 148 individually owned…

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‘Let’s guard against economic imperialism’

SPEAKER of the National Assembly Jacob Mudenda says African Parliaments should guard against economic imperialism by critiquing international treaties and agreements for the benefit of the continent. Speaking during the Africa colloquium of legal counsels to Parliament in Victoria Falls recently, Mudenda said the counsels needed to assist parliaments in scrutinising international agreements before they…

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EcoCash introduces bulk payments platform

ECOCASH — the country’s leading financial technology platform — has introduced EcoPay, a new online payment system that allows organisations to make instant payments to over 100 000 beneficiaries all at once. The new platform enables companies and organisations to pay salaries to their employees, disburse pensions to pensioners, pay farmers for agricultural produce and…

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Potraz approves tariff review for telcos

THE Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz) has approved an adjustment to ZiG tariffs for local telecommunications companies. The new tariff adjustment, which took effect over the weekend, are seen as a response to last month’s devaluation of the ZiG, forcing operators to align pricing with current economic conditions. In a notice to…

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