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BSE-listing to boost Seed Co’s expansion drive

Business Reporter The proposed partial unbundling of Seed Co Limited and the subsequent separate listing of its regional operations on the Botswana Stock Exchange (BSE), will allow the company to pursue its regional expansion projects as it will be backed by the availability of solid hard currency funding. According to …

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Inflation Rate Quickens to 2,91pc

By Enacy Mapakame Zimbabwe’s annual rate of inflation for June gained 0,20 percentage points to 2,91 from 2,71 percent in May, latest figures from the Zimbabwe National Statistics Agency (ZimStats) show. “This means that prices as measured by the all items CPI increased by an average of 2,91 percent between …

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Students to participate in CFA competition

Business Reporter The Investments Professionals Association of Zimbabwe (IPAZ) will host the CFA Institute Research Challenge in Zimbabwe. IPAZ, a representative of Chartered Financial Analyst (CFA) Institute — the global association of investment professionals made up of portfolio managers, investment advisors, educators and other financial professionals — will hold the …

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President Charms Commercial Farmers

By Walter Nyamukondiwa President Mnangagwa has charmed commercial farmers, who yesterday declared their readiness to work with his Government and play their party in building a better Zimbabwe. The farmers who included white farmers who benefited from Government’s land reform programme, however, called for improved security of tenure. Presenting the …

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Zimasco scales up production

Munyaradzi Musiiwa Midlands Correspondent Chrome smelting company Zimbabwe Mining and Smelting Company (Zimasco) has scaled up production in the first half of the year making the company largely in line with its annual target production. Zimasco is targeting extracting 560 000 tonnes of chrome ore and producing 120 000 tonnes …

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Embrace Farming As a Career Choice

By Samantha Chipoyera Adwell Kasole (25) is a full-time farmer who operates in Mvurwi, Mashonaland Central and ever since his wife Thelma Chinomona (24) joined in last year it has become a family business. He graduated with a Diploma in Agriculture at Shamva Agricultural College. “I started my Diploma in …

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Zim farmers urged to grow sesame seeds

Local farmers have been urged to grow sesame seeds for export with indications that global imports of the oldest oilseed crop raked in $2,2 billion in 2017. BY MTHANDAZO NYONI Sesame seed is one of the oldest oilseed crops and is mainly produced in Asia and Africa, which together account …

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Econet launches car insurance product

ECONET Wireless has launched “EcoSure Moovah”, a short-term motor vehicle insurance product targeting the over one million uninsured vehicles in the country. BY TATIRA ZWINOIRA Econet’s venturing into short term insurance comes two years after the launch of EcoSure Funeral Cover, the company’s mobile funeral insurance product that has to …

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Infrastructure financing key for Zim’s economy

Infrastructure is the backbone of economies throughout the universe. An efficient and well-maintained infrastructure is critical in sustaining an economy. By Dephine Mazambani Infrastructure is considered a key component of the investment climate as it reduces the costs of doing business by enabling people to access markets as it allows …

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DIDG scheme targets investors abroad

THE Diaspora Infrastructure Development Group (DIDG) has appointed Imara Corporate Finance and EY South Africa as its advisors to set up the Collective Investment Scheme meant to allow other Zimbabweans living abroad to inject capital into the firm, a company official has said. BY MTHANDAZO NYONI The DIDG-Transnet Consortium, which …

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