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Farmers Hail President

By Munyaradzi Musiiwa Farmers have hailed President Mnangagwa and Government for early delivery of seed maize and farming inputs ahead of the 2018-19 summer cropping. In an interview on the sidelines of Zimbabwe Farmers Union conference in Gweru recently, ZFU first vice president Mr Berean Mukwende said President Mnangagwa had …

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GMB Introduces Medical Aid for Farmers

By Martha Leboho The Grain Marketing Board (GMB) has introduced a medical aid scheme for farmers to ensure their well-being given their strategic importance to the nation. The parastatal’s corporate communications officer Mr Joseph Katete yesterday confirmed that his organisation now had a medical aid scheme for farmers under Agrimed. …

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Brussels Businesses Eye Zim Prospects

By Fidelis Munyoro and Davison Kaiyo BELGIUM is sending a high-powered business delegation comprising 25 companies to Zimbabwe to explore investment opportunities, in a move expected to boost Government efforts to make the country an attractive investment destination. This was confirmed by incoming Belgian Ambassador to Zimbabwe Mr Didier Vanderhasselt …

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ZIMRA Surpasses Q3 Revenue Targets

By Tawanda Musarurwa The Zimbabwe Revenue Authority (Zimra) has announced gross collections amounting to $1, 28 billion against a target of $1, 089 billion in the third quarter of this year, according to the latest quarterly revenue report. Net revenue collections for the third quarter improved by 22, 56 percent …

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Oil Companies Withholding Fuel Risk Losing Licences

By Natasha Chamba THE Zimbabwe Energy Regulatory Authority (Zera) has warned dealers against deliberately withholding or limiting fuel supplies for speculative purposes, saying culprits risk prosecution or will have their trading licences cancelled. The country has lately been experiencing fuel shortages, with Energy and Power Development Minister Dr Joram Gumbo …

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Zera Warns Errant Fuel Suppliers

Fuel service stations deliberately hoarding and limiting supply of fuel for speculative purposes, which has resulted in artificial shortages, risk prosecution as well as losing their licences, industry regulator Zimbabwe Energy Regulatory Authority (Zera) has warned. The country has been experiencing fuel supply challenges with long winding queues seen at …

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Zimra Collects $7,5m As Car Dealers Panic

THE Zimbabwe Revenue Authority (Zimra) collected $7,5 million in 12 days in car import duty here as car dealers are panicking over rumours of the pending introduction of duty in foreign currency. Zimra collected the duty between October 2 and October 14. Under normal circumstances, Zimra collects an average of …

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Change of Currency Not Ideal to Revive Economy – Mugaga

THE country’s economic crisis has deepened since the recent fiscal and monetary measures announced by Finance minister Mthuli Ncube and Reserve Bank governor John Mangudya. The economy has plunged into turmoil, amid shortages of basic commodities and skyrocketing prices, while the parallel market trade in foreign currency has spiralled out …

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Amtec Diversifies Into Farm Equipment

India’s tractor and farm equipment manufacturer Tafe, through AgriMag of South Africa has awarded a distribution licence of its products to Amtec Motors (Zimbabwe). Through the franchise arrangement between Tafe and AgriMag, Amtec is now selling tractors and an assortment of agro equipment comprising of boom sprayers, hydraulic offsets, rippers, …

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Airzim, Zimairways to Merge

By Nyasha Chingono DEBT-RIDDEN Air Zimbabwe’s new administrator Grant Thornton has been assigned the task of merging Air Zimbabwe and controversial carrier Zimbabwe Airways within the next six months. Transport minister Joel Biggie Matiza has also tasked the administrator Reggie Saruchera with turning around the airline within that timeframe by, …

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