Outrage as fertiliser prices spike

Mike Tome  Herald Reporter The 2018 /19 agricultural season is looking bleak as prices of fertiliser have drastically shot up beyond the reach of many, farmer organisations warned yesterday.  The farmers have not been spared from the current wave of price hikes and would suffer the brunt of the ongoing adverse …

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Coal use key to tobacco sector growth

Africa Moyo Senior Business Reporter The use of coal as an alternative source of energy for curing is critical to the growing of tobacco in a sustainable and environmentally friendly manner, Government has said. Tobacco Industry and Marketing Board (TIMB) board chairperson Mrs Monica Chinamasa said this in Hwange last week …

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Take charge of your bills

Most water users unknowingly contribute to their own high water bills. It is very important for water users to practice water efficiency whenever they use the resource, be it in the home or in the field. Water efficiency helps users to keep their bills in check at the same assisting …

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Zim receives 3 000 tonnes wheat consignment

BY FIDELITY MHLANGA The delivery is part of the 30 000 tonnes consignment paid for by the central bank last month. Grain Miller Association of Zimbabwe (GMAZ) chairperson Tafadzwa Musarara yesterday said the 30 000 tonnes consignment would be enough for 22 days. “We have four companies which have received …

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Zim imports 90% of mining requirements: minister

NEARLY 90% of raw materials and consumables used by the mining sector are being sourced offshore, an indication that the local manufacturing sector is in the doldrums, Industry and Commerce deputy minister, Rajeshakumart Modi has said. By Mthandazo Nyoni Addressing delegates attending the Mining Industry Suppliers Forum held in Bulawayo …

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KFC shuts down over pricing crisis

Fast food franchise KFC has temporarily shut down its outlets in Zimbabwe citing foreign currency challenges and supply problems. BY BUSINESS REPORTER “KFC Africa has taken the decision to temporarily close our restaurants in Zimbabwe as we are unable to continue to trade due to the current pressure on the …

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Delta raps govt on currency policy

BEVERAGE manufacturer, Delta Corporation has urged government to engage with stakeholders before major policy pronouncements to maintain market confidence. BY FREEMAN MAKOPA Delta, the second largest company by market capitalisation on the Zimbabwe Stock Exchange after Econet Wireless, said latest policy pronouncements by the central bank were contrary to its …

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Diamond output anchors mining performance

MINING industry recorded strong performance during the first eight months of 2018, with the majority of key minerals posting significant output growth led by diamond at 22% increase, Chamber of Mines of Zimbabwe chief executive officer Isaac Kwesu has said. BY MTHANDAZO NYONI Chamber of Mines chief executive officer Isaac …

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Brexit to cost UK up to 5 000 city jobs

The UK government expects thousands of financial services jobs to have moved to the European Union by the time of the UK’s exit from the bloc. City minister John Glen said that the situation was “stable” as far as job movements were concerned. However, he agreed with Bank of England …

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Jica keen to fund Zim infrastructure, irrigation projects

The Japan International Agency (Jica) is keen to provide grant aid for infrastructure and irrigation projects in Zimbabwe that have a huge impact on Zimbabweans, an official has said. Jica’s official in charge of Zimbabwe Mr Kurisu Masanori said the size of grant aid to Zimbabwe averaged between $20 and …

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