Business

Proplastics Volumes to Slid 30 Percent in 2020

ZSE-listed plastic pipes and fittings manufacturer, Proplastics Limited estimates production volumes to shrink 30 percent of initial planned budget due to the scourge of the coronavirus pandemic, the company’s Special trading update-first quarter 2020 released this morning shows. The company experienced subdued product uptake last year of 25 percent during …

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Zimbabwe: NetOne Executives Out On Bail

NetOne lost over US$1 million in a USSD server gateway deal when top management, including the firm’s chief executive Lazarus Muchenje allegedly ignored advice from engineers on the associated national security risks of having foreigners control telecommunications traffic, the Harare Magistrates’ Court heard yesterday. It is alleged Muchenje further prejudiced …

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Late Opening of Cotton Market Affects Farmers

Some cotton farmers have expressed concern over the late start of the marketing season as Government is yet to announce the producer price for this year. The season normally starts end of April and runs until September, depending on the amount of yields. Government has not yet announced price of …

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RBZ Says They Found the Man Who Flaunted New Banknotes On Social Media

The Reserve Bank of Zimbabwe (RBZ) has announced that it had locate the man who posted a video on social media flaunting new $5 bank notes. The RBZ posted on Twitter that they had identified the source of the said banknotes through serial numbers against the bank’s records. “RBZ’s Financial …

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Grain Deliveries to Gmb Begin

Senior Reporter The latest harvest of maize, traditional grains and soya bean has started with farmers having now delivered more than 11 500 tonnes of all grains to Grain Marketing Board depots. The grain marketing season opened on April 1, but a few farmers at that stage had started harvesting …

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Talks to Review Data Prices for E-Learning Ongoing

Talks between Government and mobile phone operators are underway with a view to reduce the price of data bundles to cater for e-learning during the Covid-19 national lockdown period. Education has been affected by the lockdown, as students are unable to go back to school so as to minimise the …

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Tough Times Beckon for Zim Agric Shows Set to Be Held Same Months This Year

The National Association of Agricultural Show Societies of Zimbabwe (NAASSZ) has rescheduled the various agricultural shows countrywide to almost the same periods in September and October this year owing to the Covid-19 scare in the country. Under normal circumstances, agricultural shows start in April with the Bulawayo Agricultural Show which …

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SMEs Eligible for COVID-19 Tenders – Minister

Government has assured small companies of fair treatment during tendering processes as it tightens screws around procurement of items required in the fight against Covid-19. Recently, Cabinet agreed that only “reputable and established companies” will be contracted to supply Covid-19 materials but small genuine companies are still eligible since the …

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Screws Tightened On Second-Hand Clothes Imports

Masvingo provincial police spokesperson Inspector Charity Mazula said people must understand the impact of Covid-19, and stop smuggling second-hand clothes since they may potentially spread the virus. “People need to understand that this disease is real and we will all die if we allow people through the border line,” said …

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Relief in Maphisa As Electricity Is Restored After 10-Month Blackout

There was relief in this Matabeleland South when electricity was restored this past week after nearly 10 months of blackout. The area and its surroundings last had electricity in August last year. This was after the Zimbabwe Electricity Supply Authority (ZESA) had reported the theft of 42 spans (seven kilometres) …

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