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Hwange, ZPC and Lusulu Power sign 25-year supply deals

By Oliver Kazunga Hwange Colliery Company Limited (HCCL) has signed two 25-year coal supply agreements with the Zimbabwe Power Company and Lusulu Power, an independent power producer in Matabeleland North. Hwange Colliery managing director Mr Thomas Makore The company’s managing director Engineer Thomas Makore said during a media briefing in …

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ZimTrade facilitates SMEs exhibition

ZimTrade will this year facilitate the participation of six small to medium enterprises (SMEs) at the Zimbabwe International Trade Fair (ZITF) set for the 25th to the 29th of April. The SMEs which will  participate at this year’s ZITF were selected from all sectors of the economy with emphasis  on …

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$4.4bn TBs issued since 2014: Chinamasa

Minister Patrick Chinamasa Harare Bureau TREASURY has issued $4.4 billion Treasury Bills since 2014 with the Government saying it has never defaulted on paying or liquidating the debt instruments. In reference to funds raised by the Government through TBs and bonds in the last three years, Finance and Economic Development …

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Bulawayo needs more township enterprises

Mr Raj Modi Prosper Ndlovu, Business Editor The Bulawayo City Council says many investors are keen on setting up businesses, particularly in the services sector but the major stumbling block is lack of serviced stands. The Town Clerk, Mr Christopher Dube said the city was facing a serious shortage of …

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ARDA capacity utilisation up 75pc

Arda chairperson Mr Basil Nyabadza (left) and an official inspects a wheat crop at Jotsholo Estate in Lupane last year. Capacity at most Arda estates has increased to around 75 percent Business Reporter The Agricultural and Rural Development Authority (ARDA) has increased capacity utilisation at most of its estates to …

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Inflation up

Business Reporter The year-on-year inflation rate – annual percentage change – for the month of March 2017 as measured by the All Items Consumer Price Index stood at 0,21 percent, gaining 0,15 percentage points on the February 2017 rate of 0,06 percent, according to the Zimbabwe National Statistics Agency. This …

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Simplify informal tax collection: IMF

As Zimbabwe seeks to optimise revenue collection from the informal sector, a new research study from the International Monetary Fund (IMF) has tipped that lower compliance costs and stronger enforcement can reduce the unfair cost advantages informal firms enjoy, to make room for more productive and tax compliant firms to …

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Alan David Butler Zimbabwe businessperson

Alan David Butler (23 October 1927 – July 1972) was a Rhodesian sailor, businessman and politician. He competed at the 1960 and 1964 Summer Olympics in the “Flying Dutchman” event and finished in fourth and eleventh place, respectively. Butler was born in London to Lois Butler and Alan Samuel Butler. …

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Lindiwe Majele Sibanda Zimbawe CEO

Lindiwe Sibanda Majele is a Zimbabwean academic and a researcher in African agricultural policy. She is the Chief Executive Officer of Food, Agriculture and Natural Resources Policy Analysis Network (FANRPAN), an inter-organization to promote agriculture on the continent. Life She obtained a postgraduate scholarship to the University of Alexandria, where …

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