Business

‘New Cotton Hybrid a Game Changer’

By Martin Kadzere Several Zimbabwean cotton farmers have embraced new hybrid seed after recording higher yields compared with traditional pollinated varieties. Last year, The Cotton Company of Zimbabwe (Cottco), introduced the hybrid variety and it has been observed that boll count on hybrid was much better than on the open …

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16 Companies in Soup for Short Changing Consumers

By Daniel Nemukuyu At least 16 registered companies were caught short-changing consumers by selling underweight goods, mainly bread and meat but in two cases maize meal, in the first quarter of this year with seven cases having been referred for prosecution while the rest can escape with warnings or spot …

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The Sad Tale of Mushandike Irrigation Scheme

By George Maponga On the southern verges of Masvingo City, two mountains – Chamanyoka and Nyanda – rudely squeeze and dwarf the highway to Beitbridge. As the road breaks away from the fatigue of hairpin curves, and buries behind it the craggy mountains, it stretches in breathtaking energy and on …

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TSL Bosses Acquitted Again

By Prosper Dembedza Harare Regional Magistrate Mrs Sandra Mupindu has, for the second time, acquitted three Tobacco Sales Limited (TSL) bosses accused of selling a farm for US$600 000 after it had been gazetted by Government for acquisition under the land reform programme. TSL chief executive officer Washington Matsaire, former …

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TSL Bosses Acquitted Again

By Prosper Dembedza Harare Regional Magistrate Mrs Sandra Mupindu has, for the second time, acquitted three Tobacco Sales Limited (TSL) bosses accused of selling a farm for US$600 000 after it had been gazetted by Government for acquisition under the land reform programme. TSL chief executive officer Washington Matsaire, former …

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Court Upholds Suspension of EcoCash Agents

The Reserve Bank of Zimbabwe (RBZ) acted within its mandate when it suspended EcoCash mobile money agents from conducting financial transactions to curb abuse, the High Court has ruled, and so there can be no interdict stopping it from doing so. The court ruling suggested the agents, rather than EcoCash, …

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RBZ Resolves Gold Forex Crisis

By Golden Sibanda Reserve Bank of Zimbabwe (RBZ) governor, Dr John Mangudya, yesterday said the bank found a sustainable way to manage funds required to make consistent US dollar cash payments to small gold miners. This came after RBZ unit, Fidelity Printers and Refiners, failed to pay small scale gold …

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Farmers Urged to Safeguard Electricity Infrastructure

By Conrad Mupesa Farmers have been urged to jealously guard electricity transformers and power lines from vandals as the nation focuses on putting 80 000 hectares under winter wheat. The call was made by the Deputy Minister of Energy and Power Development Magna Mudyiwa during the Winter Wheat and Traditional …

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Gmb Takes Delivery of 24 000t of Maize

By Elita Chikwati The Grain Marketing Board has now received 23 952 tonnes of maize since the beginning of the marketing season on April 1, almost three times the 8 952 tonnes delivered in the same period last year. Grain deliveries are expected to intensify over the next few months …

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