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Cotton farmers dump private merchants

Business Reporter Several cotton farmers are dumping contract schemes by private merchants saying they have long been short-changed through inadequate supply of inputs. Farmers in Checheche, one of the country’s largest cotton growing area in Manicaland Province, told this newspaper that they have for long been short-changed by private firms, …

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‘Delegate forex allocation to banks’

Oliver Kazunga Senior Business Reporter THE Reserve Bank of Zimbabwe should abandon its foreign currency allocation framework and delegate the role to individual banks as this gives the impression of a distorted economy, the Zimbabwe National Chamber of Commerce (ZNCC) has said. Due to persistent foreign currency shortages facing the …

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President challenges ZCDC

Ishemunyoro Chingwere Business Reporter PRESIDENT Mnangagwa has challenged state diamond mining entity, Zimbabwe Consolidated Diamond Company (ZCDC) to upscale production and increase its contribution to the livelihoods of people living in the community it operates in as well as fiscal contribution. The President’s call comes hard on the heels of …

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Chamisa ‘Breaks Fall’ As Rally Platform Collapses

MDC Alliance leader Nelson Chamisa addressed capacity crowds at four rallies in Binga and Hwange over the weekend but not without incident as after the stage collapsed in Hwange on Sunday. Chamisa had marathon rallies at Lusulu and Manjolo in Binga on Saturday before making two more campaign stops in …

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Zinara in bid to conceal graft

THE Zimbabwe National Roads Administration (Zinara) board has lifted the suspension order imposed on four senior managers who were sent home last year on alleged misconduct charges, arguing “the cases might damage” the parastatal’s image. BY RICHARD CHIDZA Documents seen by NewsDay show that the move was in line with …

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