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NSSA expels Mutasa

By Staff Reporter NSSA has investments in CBZ, ZB and FBC, which are fairly good counters. THE National Social Security Authority (NSSA) management board has expelled the Zimbabwe Congress of Trade Unions (ZCTU) president, Peter Mutasa with immediate effect. In a letter addressed to Mutasa dated May 3, 2017 and …

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In #SouthAfrica, 7 out of 10 top managers are still white

Country penalises 21 firms, more will be fined, minister says. South Africa has fined 21 companies and plans to penalise more for failing to comply with laws that compel them to employ more black citizens to help reduce inequality more than two decades after the end of white-minority rule, labour …

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SMS tool to address trade barriers

Business Reporter A NEWLY designed Short Messaging Service for reporting trade barriers within the tripartite regional economic blocs has been launched. The SMS will supplement the web based online system for reporting, monitoring and elimination of non-tariff barriers (NTBs) used by Comesa, the East African Community (EAC) and the Southern …

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Firm gets $1m solar project funding

INDEPENDENT power producer, Oxygen Energy Private Limited has secured an external grant of nearly $1 million for development of a 20 megawatt solar project on rooftops of buildings owned by Old Mutual. The grant was provided by the African Development Bank (AfDB) under its Sustainable Energy Fund for Africa (SEFA) …

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Govt avails revolving fund for ICT projects

Harare Bureau GOVERNMENT, through a programme being spearheaded by the Postal and Telecommunications Regulatory Authority of Zimbabwe, is funding local innovative information communication technology initiatives under a revolving loan fund. POTRAZ director general Dr Gift Machengete said the objective was to come up with local innovations that are marketable worldwide …

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Oil expressers seek land, partnership for soya bean

Mr Busisa Moyo Business Editor COOKING oil manufacturers have thrown their weight behind the command soya bean production scheme and are seeking land and partnerships to ensure the country has enough raw materials. The Government has resolved to extend command agriculture to cover the growing of soya bean and livestock …

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Milk output up 5%

ZIMBABWE’S raw milk production increased by five percent to 5,66 million litres in March, compared to 5,37 million litres achieved in the same period last year, latest figures show. According to figures from the Ministry of Agriculture’s dairy services department, milk intake by processors grew six percent to 5,08 million …

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Asa shareholder pushes for EGM

The majority shareholder in Asa Resources Group Plc, China International Mining Group Corporation, is set to call for an Extraordinary General Meeting to appoint new directors to replace those that were dismissed over allegations of financial mismanagement or impropriety. This plan mirrors the requisition that was used to remove directors …

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Milk output declines

MILK production fell by 2 percent to 15,59 million litres in the first quarter of 2017 from 15,93 million litres during the same quarter last year. Milk production figures from the dairy services unit in the department of livestock and veterinary services show that the country produced 5,54 million litres …

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