BUSINESS NEWS

Mat North Correspondent

Matabeleland North Province (MNP) is set to anchor its provincial economy on exports buoyed by the National Development Strategy 1 (NDS1) launched in 2020, an official has said.

Zivanai Dhewa

Scores of people and business entities have applauded the Government for the introduction of Statutory Instrument 127 (SI 127), saying it will help restore sanity to the economic sector.

Mat North Correspondent

Government has promised to allocate farming land to Hwange youths who have a proven track record in the agricultural sector.

Zivanai Dhewa

In its effort to bring sanity to the country’s financial dealings and to end speculation and currency manipulation, the Ministry of Finance and Economic Development through the Reserve Bank of Zimbabwe (RBZ) has introduced Statutory Instrument 127 of 2021: Presidential Powers (Temporary Measures) Financial Laws Amendment) Regulations, 2021.

Agriculture Reporter

The Matebeleland Minister of State for Provincial Affairs and Devolution, Abednico Ncube has implored all Zimbabweans to take agriculture seriously as the sector has the potential to positively transform people’s lives.

Business reporter

The payment of 40 percent local currency component to tobacco farmers is pushing up the parallel market exchange rate, which is currently pegged at between ZWL130- ZWL140 per US dollar, The Harare Post was informed.

Agriculture Reporter

Following the expected bumper harvest of up to 2.8 million tonnes of maize this year, compared to 900 000 tonnes last year, the Agriculture Marketing Authority (AMA) has with immediate effect suspended importation of maize and maize meal, saving the country millions of dollars needed for maize importation.

Zivanai Dhewa

The Minister of Finance and Economic Development, Professor Mthuli Ncube has expressed his displeasure on the late payment of farmers, vowing to investigate the reason for the delay.

Mat North Correspondent

The Hwange Power Station (HPS) expansion project is now at 65 percent to completion owing to continued support by the New Dispensation, although COVID-19 delayed progress to some extent, an official has said.

Staff Reporter

President Emmerson Mnangagwa has applauded the manufacturing sector for its resilience amid operational challenges posed by decades of illegal sanctions, natural disasters and Covid 19 pandemic.

Staff Reporter

Zimbabwe will this year participate at the rescheduled Dubai 2020 Expo  which is scheduled to run from 1 October 2021 to 31 March 2022 under the theme “Connecting Minds, Creating the Future,”  a Government official has said.

Agriculture Reporter

Cotton Producers and Marketers Association chairperson, Mr Stewart Mubonderi has said cotton farmers countrywide are ready for the 2021 marketing season, which is scheduled to start on 18 May, this month.