Business

The government has been duped by an unnamed chemical manufacturer it had engaged to supply chemicals to deal with the quelea birds’ menace which has wreaked havoc in most provinces threatening wheat yield. Speaking to the media after a recent tour of Kwekwe farms in Sherwood block including President Emmerson …

A proposal to merge six financial institutions into three big ones is being considered by the Zimbabwean government, in a different consolidation process from the CBZ Holdings, ZB Financial Holdings, First Mutual Holdings Limited (FMHL) and First Mutual Properties (FMP) merger. As reported by The NewsHawks last week, the government, in collaboration …

In an eyebrow-raising development, the Zimbabwean government, battling the Covid-19 pandemic, has been purchasing expensive Chinese vaccines while overlooking doses supplied at cheaper prices under the Gavi Alliance platform meant to benefit developing countries. The Gavi Alliance, formerly the Global Alliance for Vaccines and Immunisation, is a global health partnership …

The Zimbabwe Tourism Authority (ZTA) has stepped up its domestic tourism marketing efforts by partnering Sports Tourism Inc to hold the Victoria Falls Sports Tourism Experience. The festival is scheduled for September 24 to 26 to promote sports tourism, marketing destination Zimbabwe and creating sustainable development for marginalised communities in …

The Government said the 2021 traditional grains production has improved remarkably and some crops exceeded the highest ever tonnage since independence. Addressing journalists during a Post Cabinet Media briefing Tuesday Information Minister Monica Mutvsngagwa said Mashonaland West Province has the highest maize and soyabean intake, while Mashonaland Central has the …

The Dubai Gold & Commodities Exchange and Zimbabwe’s Victoria Falls Stock Exchange signed a memorandum of understanding that may lead to the establishment of a gold market in the African country. Zimbabwe wants to open the exchange in a bid to create a reference market that will see miners offered competitive prices, …

President Emmerson Mnangagwa has announced that beerhalls, bars and night clubs will remain closed as he eased the current national lock down to Level Two. Addressing the nation from State House Tuesday, Mnangagwa adjusted business operating hours from 8am to 7pm while the curfew has been adjusted to start at …

Zimbabwe has proposed the signing of a Memorandum of Understanding with Rwanda on cooperation on infrastructure development between the two countries.  The proposal was made by Transport and Infrastructural Development Minister Felix Mhona when he paid a courtesy call on Rwanda’s Infrastructure Minister Claver Gatete yesterday in his on-going working …

A Christian, and child-focused humanitarian aid agency, World Vision collaborating with Welthungerhilfe, Christian Blind Mission and various Government of Zimbabwe departments, has launched a project titled Strengthening Community-Led Actions on Education and Disaster Preparedness also known as SCALE-DP project. With an estimated €2,7million euros (US$3,2 million) funding from the European …

Zim Makes First Payment To Paris Club In 20 Years Zimbabwe says it has made its first debt repayment to a group of creditor countries known as the “Paris Club” under a refreshed plan to clear up to US$10,7 billion owed to several multilateral funders. This debt represents over 70% …