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Fuel Price Cut Likely

By Africa Moyo Fuel prices are expected to decline in the near future amid indications that Government is contemplating further reducing excise duty on diesel and petrol with a view to contain price increases, President Mnangagwa said yesterday. On January 22, Government reduced Excise duty on petrol from 45 cents …

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River Ranch Seeks Removal From Liquidation

By Ishemunyoro Chingwere RANI Investments LLC, majority shareholder in, Limpopo Mining Resources (Pvt) Limited (LMR), has filed an application with the High Court seeking removal from liquidation due to a change in circumstances that initially led to proposed dissolution of the firm. LMR are the owners of bust Beitbridge diamond …

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Wheat Preparations Gather Momentum

By Livingstone Marufu and Africa Moyo Preparations for the 2018 winter wheat cropping season are progressing well amid indications Government has already secured 80 percent of inputs for the programme. Farmers are expected to start serious wheat planting on May 1. This comes at a time when Government is pushing …

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Chihuri Ought to Attend Parly

By Zvamaida Murwira While efforts by the Mines and Energy Portfolio Committee chaired by Norton MP Mr Temba Mliswa (Independent) to unravel the untold story of diamond extraction in Chiadzwa continue, the work by legislators might be futile if former Police Commissioner-General Augustine Chihuri does not give evidence. Former President …

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Oil seeks to rise

LONDON. — Top oil exporter Saudi Arabia would be happy to see crude rise to $80 or even $100 a barrel, three industry sources said, a sign Riyadh will seek no changes to an OPEC supply-cutting deal even though the agreement’s original target is within sight. The Organisation of the …

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Threat to SA economy

Cape Town. – South Africa’s fragile economy and growing unemployment could be further impacted by digital automation in just seven years, if the country fails to remedy the situation. This is according to Dr Roze Phillips, who holds a postgraduate diploma in futures studies, is an alumnus of the University …

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River Ranch seeks removal from liquidation

Ishemunyoro Chingwere Business Reporter RANI Investments LLC, majority shareholder in, Limpopo Mining Resources (Pvt) Limited (LMR), has filed an application with the High Court seeking removal from liquidation due to a change in circumstances that initially led to proposed dissolution of the firm. LMR are the owners of bust Beitbridge …

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SA rand softer

LONDON. – Gold prices eased yesterday as the dollar and stocks advanced, pointing to higher demand for riskier assets driven by upbeat US economic data and a slew of strong corporate earnings reports. Spot gold was marginally firmer at $1 346,42 per ounce at 0942 GMT, while US gold futures …

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African cities tackle food security, nutrition challenges

Business Reporter More than half of Sub Saharan Africa (SSA) population could be living in urban areas by 2050 posing huge challenges for poor towns and cities, which already face challenges such as poverty and inequalities. These are coupled with growing levels of food insecurity and malnutrition in a context …

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Wheat preparations gather momentum

Livingstone Marufu and Africa Moyo Preparations for the 2018 winter wheat cropping season are progressing well amid indications Government has already secured 80 percent of inputs for the programme. Farmers are expected to start serious wheat planting on May 1. This comes at a time when Government is pushing for …

Read More »
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