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Chinotimba Fails to Settle Zesa Bill

By Daniel Nemukuyu BUHERA South legislator Cde Joseph Chinotimba has been taken to the High Court over his failure to pay an electricity bill amounting to $43 716. Cde Chinotimba, who is also Zimbabwe’s “Happiness Ambassador”, failed to pay for electricity that was supplied to his farm in Concession. Zimbabwe …

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Caaz expanding airports for growing passenger traffic

By Mthandazo Nyoni NewsDay (ND) business reporter, Mthandazo Nyoni caught up with CAAZ general manager, David Chawota (DC) on the state of Zimbabwe’s civil aviation industry among other issues. Below are the excerpts of the interview: ND: What is the current state of civil aviation industry in Zimbabwe? DC: The state of the …

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Industry cheers British bailout

BY TATIRA ZWINOIRA CDC is a development finance institution owned by the United Kingdom government under the Department for International Development. CZI president Sifelani Jabangwe said the financial package would go a long way in supporting its intended recipients in the manufacturing sector. “It is a positive thing in that …

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ZCDC Rescues Ex-Marange Employees

By Taurai Mangudhla Former employees of displaced diamond producer Marange Resources (Marange), are set to receive their salary arrears and outstanding pension contributions in full by September 2020, the Zimbabwe Consolidated Diamond Company (ZCDC) has said. Payment of salary arrears started in September 2017 while pension contributions are expected to …

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Fertiliser industry needs $120m for 2018/19 season

BY FREEMAN MAKOPA Chemplex Corporation Limited chief executive officer, Tapuwa Mashingaidze said the local industry had the capacity to produce fertiliser locally, but required foreign currency to import essential raw materials for the manufacture of the stimulant. “For 600 000 tonnes of fertiliser demand this year, $120 million in forex …

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