Business

Zimbabwe: Bakers Reduce Bread Price

Bread prices had slumped by around $10 a standard loaf with prices in the $55 to $68 range depending on brand yesterday after the Reserve Bank of Zimbabwe ensured millers could import wheat with foreign currency supplied at the ruling auction rate. Last week, the Grain Millers Association of Zimbabwe …

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Zimbabwe: Prioritise Economy, Ministers Told

The national devolution policy promotes fair distribution of resources critical for the growth of provincial economies, but provincial ministers must as a result prioritise economic growth in their provinces, President Mnangagwa said yesterday. The President met the 10 ministers of State for Provincial Affairs at State House in Harare to …

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Zimbabwe: Swiss Embassy Goes Green

The Swiss embassy in Harare can now generate 160kW through its eight large solar panels, the largest solar facility at a Swiss embassy in the region. Zimbabwe is a great place to invest in solar energy given its climate and conducive regulatory framework, Switzerland’s Ambassador to Zimbabwe, Zambia and Malawi, …

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Zimbabwe: Time Winter Maize Production Becomes a National Project

Last winter, the Government partnered sugar manufacturing giant, Tongaat Hulett, to produce 1 186 tonnes of irrigated winter maize in the Lowveld. The maize produced under the initiative was meant to enhance food security in Masvingo, which faces perennial food deficits owing to droughts typical of the agro-ecological region the …

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Zimbabwe: Us$153m Airport Expansion On Course

THE US$153 million Robert Gabriel Mugabe International Airport expansion project is on course despite delays caused by the Covid-19 pandemic with the contractor Jiangsu International of China having completed 27 percent of the work. Expansion will see the construction of the international terminal building and aprons, installation of four new …

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Zimbabwe: Jet Stores Loses Goods Worth $1,3m

Police have arrested another suspected thief believed to be part of a gang that broke into Jet Stores and another boutique in Harare and got away with goods worth $1 325 345 and US$13 640. The gang shared the loot and one of them, Jealous Phiri (34) took his share …

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