BUSINESS NEWS

Business Reporter

President Mnangagwa has today commissioned a gold processing plant at Eureka Gold Mine in Guruve, Mashonaland Central saying that the event was a reflection of the many successes of the Second Republic with regards to reforming and opening up of the economy.

Staff Reporter

Players in the transport industry have urged Government to review downwards the recently hiked access fees at the Beitbridge Border Post and match those being charged at Kazungula Bridge Border Post, with a view to avoid transporters shunning the border post.

Staff Reporter

In continued efforts to address environmental degradation and negative downstream effects on communities, occasioned by alluvial or riverbed mining, Government has plans to rehabilitate mined areas, which were abandoned without restoration, a Government official has said.

Staff Reporter

Economic Analysts have welcomed the establishment of an International Commodities exchange in Zimbabwe, citing its potential to grow markets for the country’s products as well as create employment. Subsequently, Government has been urged to hasten its plans of setting up an Offshore Financial Services Centre in Victoria Falls as it has a potential to attract Foreign Direct Investment (FDI).

Staff Reporter

Cotton Producers and marketers Association Chairman, Mr Stewart Mubonderi has urged cotton farmers to prepare for the 2021/22 farming season as the Government continues to mobilise for resources to pay them their dues.

Staff Reporter

Farmers from Mutoko district and surrounding areas have welcomed the Tabudirira Fruit and Vegetable processing hub launched yesterday by President Emmerson Emmerson saying the project will go a long way in employment creation and reducing transport costs incurred travelling to the country’s popular Mbare musika in Harare.

Agriculture Reporter

Government is ready to assist people living with disabilities with funds to start projects and positively contribute towards the growth of the country’s economy.

Staff Reporter

The commissioning of two open cast mines at Hwange Colliery Company Limited (HCCL), JKL section and Chaba Opencast Pit, have thrown a lifeline to HCCL through increased production.

Staff Reporter

Cotton farmers in Sanyati have received a boost to their cotton production through the installation of a machine-picked cotton ginnery by Agri Value Chain Zimbabwe (AVCZ), a subsidiary of Pure Oil Industries.

Staff Reporter

… As Government meets Captains of Industry

The Government, Reserve Bank of Zimbabwe (RBZ) and Captains of Industry have agreed to curb the volatility in the parallel exchange rates, which are threatening to negatively affect the country’s economic growth.

Staff Writer

One of the country’s leading diamond miners, Rio Zim Murowa Diamonds (RMD) is set to increase its diamond processing capacity by 455 percent, in an effort to improve its capacity utilisation.

Staff Writer

Zimbabwe’s tourism sector is set to rebound at the back of relaxation of COVID-19 restrictions and opening up of international travel by most countries.