Business

Zimbabwe’s Gold Output Declines By 29 Percent – Chamber of Mines

By Anna Chibamu The Zimbabwe Chamber of Mines (ZCM) has attributed the decline in gold output in 2020 and the first quarter of this year to the havoc caused by the Covid-19 pandemic among other constraints. Giving oral evidence to the Mines and Mining Development Parliamentary Portfolio committee Monday, ZCM …

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Zimbabwe: Maggots Help Rural Villagers Put Food On the Table

By Kudzanai Musengi, Kudzanai Musengi The black soldier fly is becoming an important weapon in the arsenal of small-scale and communal farmers in Zimbabwe who have been hard hit by drought, low prices and escalating input costs. Miriam Sibanda, 32, dips her left hand into a heap of greyish matter …

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Zimbabwe: Investor Protection Versus State Permanent Sovereignty

By Takudzwa Takunda Mutevedzi Developing countries frequently partner with private international investors on capital intensive projects such as petroleum and gas exploration projects with a view to receiving capital, technology and expertise. These developing states may not be well capacitated to execute projects of such magnitude hence the inclusion of …

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Zimbabwe: Tobacco Sales Surpass Us$300 Million On Day 35

By Alois Vinga TOBACCO sales reached US$325 million on day 35, with Tobacco Industry Marketing Board (TIMB) reporting this was more than triple the amount recorded within the first 10 days of trading. In the comparative period last year, a total US$210 million worth of tobacco had been sold with …

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Zimbabwe: Govt to Establish Forbes Border Dry Port in Marange

By Staff Reporter GOVERNMENT is in the process of establishing a dry port in Marange area to decongest and make Forbes Border Post outside Mutare more efficient, Finance Minister Mthuli Ncube has said. The minister toured the eastern border city recently to meet various stakeholders involved in the establishment of …

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Zimbabwe: Gold Smuggling Syndicates Exposed

By Mthandazo Nyoni A new report has illustrated the depth of the gold smuggling scourge in Zimbabwe, estimating that over 70% of the country’s output has found its way into backstage international markets. Titled, ‘Illicit Gold Markets in East and Southern Africa’, the Global Initiative Against Transnational Organised Crime’s report …

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Zimbabwe: Red Flag As 15 Employees Die in Mine Related Accidents

By Staff Reporter A MINE workers group says Zimbabwean mines continue to be unsafe spots for employees as 15 miners are said to have lost their lives in mine related accidents since the beginning of the year. In a statement to mark the International Health and Safety Day Zimbabwe Diamond …

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Zimbabwe: Rise of Ngubra Cattle Breed

Patrick Chitumba — Midlands Bureau Chief When others see a cow, they think of beef or draught power. But for this family, when they see a cow, they see an opportunity to make thousands of US dollars from breeding. To many, cattle breeding has been the privy of mostly commercial …

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Zimbabwe: Chaos Stalks Harare City

By Grace Chingoma- THE situation is far from normalising at Harare City after the players missed this week’s training sessions, over unpaid salaries. The money finally reflected in their accounts yesterday. But, this was after the team missed a big chunk of training time ahead of the Chibuku Super Cup …

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Zimbabwe: Timeous Payment of Farmers Vital

By Pauline Mhuka-Magavu- Growing calls and support by President Mnangagwa to pay farmers who will sell maize to the Grain Marketing Board (GMB) on time this marketing season upon delivering the grain is indeed progressive. The move must be commended by all well-meaning Zimbabweans. It was quite uplifting and reassuring …

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