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‘Zitf Perfect Platform to Attract Investors’

THE 60th edition of the Zimbabwe International Trade Fair (ZITF) this week is a perfect platform to attract investors towards the implementation of the Special Economic Zones (SEZ), an official has said. The ZITF came alive in Bulawayo from yesterday to April 27, 2019, under the theme: “Propagating Industrial Growth …

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Oil prices steady

Oil prices steadied yesterday near six-month highs after data that showed US stockpiles rose to their highest since October 2017, countering fears of tight supply resulting from OPEC output cuts and US sanctions on Venezuela and Iran. Brent crude futures fell 17 cents to $74,34 a barrel by 11:00 a.m. …

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Govt to pursue local lithium beneficiation

Zimbabwe intends to vigorously pursue local value addition of its lithium resources to maximise export earnings from the mineral, a cabinet Minister has said. Lithium is used to make various items including special glasses and ceramics, lithium-ion batteries and can also be alloyed with aluminium and copper to make strong, …

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Turnall explores export markets

Kudakwashe Mhundwa Business Reporter Zimbabwe Stock Exchange (ZSE) listed roofing and building materials manufacturer, Turnall Holding, intends to increase its product range to include production and supply of non-asbestos roofing materials, as part of the group’s wider strategy to explore export markets. Asbestos products were blacklisted on the international market …

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Industry Gets 80pc Fuel

Industrialists say fuel availability has improved “significantly” in the last few months since Government took the bold decision to adjust the price upwards, with indications that the manufacturing sector is getting up to 80 percent of fuel for their operations without hassles. Government reviewed fuel prices on January 12 following …

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Vaya Launches Free Shuttle Service to Zitf Guests

Econet’s Vaya mobility service has hit Bulawayo by storm, taking advantage of the Zimbabwe International Trade Fair (ZITF) to launch its new shuttle service by offering free rides to exhibitors, business people and professionals travelling to the trade fair by air. Throughout the trade fair week, Vaya will be offering …

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‘Mechanisation Is the Key to Productivity’

Government should continue assisting farmers with mechanisation programmes to improve productivity on farms which are heavily under-mechanised after the land reform programme. Speaking with The Herald after scooping the top award for Young Champion Farmers awards in the Maize A2 Farmers category in Harare last week, youthful Karoi farmer Mr …

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‘Zim mobile data tariffs lowest’

Enacy Mapakame Business Reporter Zimbabwe has some of the lowest mobile data tariffs in the region, figures from the Communication Regulators Association of Southern Africa (CRASA) country report for 2018 show. According to the CRASA the price of 1 gigabyte (GB) of out of bundle mobile data in Zimbabwe is …

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OPC gives reform milestones at ZITF

Golden Sibanda Senior Business Reporter THE Office of the President and Cabinet (OPC) says it will highlight major milestones Government has achieved thus far in the ongoing doing business reforms programme when it exhibits at the 60th edition of premier trade facilitation event, Zimbabwe International Trade Fair (ZITF). Investor interest …

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Tobacco Deliveries Increase As Prices Firm

Tobacco deliveries at most auction floors are increasing gradually, with the Government yesterday saying it expected prices to firm after the Easter holidays. The 2019 tobacco marketing season started on March 20 and farmers have been complaining about the low prices they were getting, while contractors were concerned with tax …

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