Dumisani Nsingo

Business Reporter

GOVERNMENT will early next year repossess Special Grants that were awarded to new coal-mining companies that are still to commence exploration or mining activities on their concessions, a senior Government official said.

Business Reporter

THE Zimbabwe Housing Project Trust (ZHPT) says it will unveil 5 000 low-cost residential stands in Bulawayo next year as it moves to reduce the city’s ballooning housing waiting list.

Budgeting for drought inevitable

Ngonidzashe Chiutsi

Business Correspondent

PAN-African bank-Ecobank is set to embark on an expansion drive by opening new branches in the southern parts of Zimbabwe , an official has said.

Dumisani Nsingo

Business Reporter

THE Zimbabwe Miners Federation (ZMF) is appealing to the President to exercise his mercy on about 3 000 small-scale miners who were imprisoned for engaging in illegal mining activities in the past four years.

Roberta Katunga

Business Reporter

THE announcement by Zimplow two weeks ago to acquire the remaining stake in Tractive Power Holdings Limited (TPHL) has spurred the company’s share price as investors realise the company’s diversifying portfolio and potential for growth, a market analyst said.

Roberta Katunga

Business Reporter

MORE than 360 workers from Buscod Group of supermarkets have been laid off after the chain store closed down six of its seven shops in Bulawayo and other towns citing operational challenges and lack of business.

Reviving the economy entails revamping agriculture

ZIMBABWE was once known and respected as the breadbasket of the Sadc region. Its agricultural exploits were diverse and in most areas productivity was at a record high. For example, aided by the now ailing Cold Storage Company, our cattle industry produced quality beef that secured us the lucrative EU market, an issue the late principal veterinary director in the Ministry of Agriculture Dr Stuart Hargreaves was passionate about. 

Michael Gwarisa

Business Correspondent

GOVERNMENT is still to decide on the official carrier to be used during the United Nations World Tourism Organisation (UNWTO) General Assembly to be held in August next year, a Cabinet minister has said.

Business Reporter

THE probe into the misappropriation of funds meant to pay the Botswana Meat Commission by the troubled Cold Storage Company (CSC) under a deal signed between the Governments of Botswana and Zimbabwe is still raging on amid revelations that the parastatal’s senior accountant has been suspended for allegedly being involved in the scam.

Dumisani Nsingo

Business Reporter

EXPORTS of chrome will resume early next year as the Minerals Marketing Corporation of Zimbabwe (MMCZ) has acquired two weighbridges to be used at two of the country’s strategic exit points to avoid the smuggling of the mineral outside Zimbabwe.