Business

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Grain Farmers Priced Out Of Fields

MAIZE seed prices have sky-rocketed, a situation farmers have described as forcing them out of the field. A 25kg bag of seed maize now costs between $30 000 and $42 000, while 50kg Compound D fertiliser now costs US$35 or $17 500; and Ammonium Nitrate is now pegged at US$70 …

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Private Sector Challenged To Invest In Employees’ Health

THE private sector needs to invest more in health and wellness programmes at workplaces as Zimbabwe pushes its health agenda, Vice President and Minister of Health and Child Care,  Dr Constantino Chiwenga, said yesterday. He challenged the corporate world to come up with schemes that allow smaller and micro businesses …

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Edgars Buoyant Despite Global Shocks In Supply Chains

CLOTHING retail chain, Edgars Stores Limited, says despite global shocks in supply chains, it has registered significant volume growth across all business units and plans to open new outlets and intensify efforts to engage new raw material suppliers to mitigate the effects of yarn shortages in the global market. The …

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Zim, Russia Deepen Bilateral, Trade Relations

ZIMBABWE and Russia have committed to deepen and expand bilateral relations that exist between the two countries. This came out during the fourth session of the Zimbabwe-Russia Intergovernmental Commission (ICG) on economic, trade, scientific and technical co-operation held in Harare yesterday. At the meeting, the Zimbabwean delegation was led by …

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Cooking Oil Industry Engages RBZ

The cooking oil industry has engaged the Reserve Bank of Zimbabwe (RBZ) to review the weekly allocation of US$500 000 per member at a time when the edible price has more than doubled due to opening up the world economy after  two years of Covid-19 siege. Edible oil prices have risen …

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Skirmishes At DRC Border As 210 Zim Drivers Go On Strike

DRC-Some 210 Zimbabwean drivers working for J&J Transport Africa have gone on strike in the Democratic Republic of Congo (DRC) demanding US$500 monthly health allowances which their employer is allegedly withholding from them. The drivers dumped their trucks at Kasumbalesa Border Post last week and efforts to force them back …

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Petrozim Line Sets Ambitious Targets For Msasa Depot

PETROZIM Line (Private) Limited, an entity wholly owned by the National Oil Infrastructure Company of Zimbabwe, has set an ambitious target  to establish Harare as the regional hub for fuel distribution. The upgrade project, according to PZL executive director Peter Masvikeni, is at an advanced stage, with detailed designs having …

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