Business

https://www.dailynews.co.zw/articles/2017/05/25/ok-zim-in-11m-capex    

Zimbabwe tobacco is booming, but farmers growing it are not HARARE, Zimbabwe (AP) — Farmer Simon Kahari recently sold tobacco worth more than $6,000 at an auction in Zimbabwe, a small fortune reflecting the golden leaf’s resurgence in this southern African country. Yet because of Zimbabwe’s dire economic problems he …

By Godfrey Marawanyika (Bloomberg) — Zimbabwe to redistribute underutilized farms from newly resettled black farmers, while those with more than one farm will be asked to relinquish them and give them to those who have yet to benefit from the land-reform program, President Robert Mugabe tells supporters at a Zanu-PF …

Harare – President Robert Mugabe’s Zanu PF party wants the ageing leader to reverse the sale of Barclays Bank of Zimbabwe (BBZ) to First Merchant Bank of Malawi (FMB), as the sale contravenes the country’s indigenisation laws. Barclays Plc on Tuesday agreed terms with FMB for the sale of BBZ. …

Rumbidzai Bvunzawabaya nee Midzi Rumbidzai Bvunzawabaya is the sole principal of RBM Solicitors Coventry England. She is a published author of Girl in the Mirror. She the founder of Migrant Family Support, a non profit organisation supporting migrant families in the UK. She is a trustee for Tugwi Trust a …

Rejoice Bhila Kwaramba Entrepreneur Author, Speaker Born in 1983, Rejoice Bhila Kwaramba lived her early life in Zimbabwe before she moved to England in 2002. On getting to England, she worked as a retail manager for 6 years and then proceeds to the University of East London where she graduated with …

PRESIDENT Robert Mugabe’s daughter, Bona Chikore, has been appointed a board member of the soon-to-be-established Empower Bank, which will be run by the National Indigenisation and Economic Empowerment Board (Nieeb).By Kudzai Kuwaza/Hazel Ndebele This comes on the heels of her appointment to the Aeneas Chigwedere-led Censorship Board which was announced …

The Year-on-year inflation rate continued on an upward trend in April, gaining 0,27 percentage points to close the month at 0,48 percent as the International Monetary Fund recommended a halt to excessive Government expenditure which it said could fuel inflation. In March, the year-on-year inflation rate — the annual percentage …

By Obert Chifamba The role of country clubs in propping up Zimbabwe’s agro-based economy should not be underestimated. They were largely popular in the pre and post-independence era and were a preserve of mostly white commercial farmers and estate managers. They formed exclusive realms socially isolating whites from black communities …

Canada-based Caledonia Mining has confirmed the death of a miner at its Zimbabwe operation, saying the fatality occurred Monday in a mining-related accident on 12 May. The AIM-traded junior resources group runs Blanket Gold Mine which located near the town of Gwanda. “This is a serious setback in our efforts …