Business

Zimbabwe’s tobacco farmers have lurched into a crisis following the government’s failure to launch the long-awaited Tobacco Value Chain Transformation Plan, which was expected to spell out how the administration would fund the troubled sector from local resources. Business Times can report that the Ministry of Lands, Agriculture, Fisheries, Water and …

Former Deputy Mayor for Masvingo City Council, Alderman Phillip Debwe (76) has succumbed to Covid-19 related complications. He passed on at Rujeko isolation Centre on Monday where he had been admitted for quarantine for only a day. Family Spokesperson who is also his son, Anthony Debwe confirmed the death to …

It would not be completely out of place to state that like many African nations, Zimbabwe too is enveloped by Chinese influence, be it with regard to the political, military, or economic class. They all seem to be bowing down to the mighty Chinese who have invested heavily in the …

Businessman Strive Masiyiwa says the Zambia transition is “African class” and he will be watching new President Hakainde Hichilema’s policies to decide on possible new investment in the country. Masiyiwa owns Liquid Intelligent Technologies, Africa’s largest fibre company, which has operations in Zambia and across the continent. “Like most Africans, …

The People’s Republic of China has launched radical environmental interventions to clean up its own backyard. In Africa, its Belt and Road Initiative has brought some economic development, but was destroying ecosystem immunity with apparent impunity, experts said in an Our Burning Planet webinar. Local activism offered hopeful precedents. China’s …

Political Overview Since gaining independence in 1980, the ruling ZANU-PF party has held uninterrupted power in Zimbabwe, led first by Robert Mugabe, and then Emerson Mnangagwa from 2017. The main opposition is the MDC party. Zimbabwe’s next presidential elections will take place in 2023. Economic Overview Zimbabwe faces continued cycles …

Caledonia Mining’s investment in a new shaft at Blanket Mine is starting to show results; ore tonnage reached new records in the second quarter, helping the company double earnings for the period. The company commissioned a central shaft earlier this year, and in the three months to June, Blanket mined …

Telecoms giant, Econet Wireless Zimbabwe, says it has installed monitoring diagnostic tools to curb revenue leakages and network fraud in line with the latest regulations under Statutory Instrument 95 of 2021. Guided by the Telecommunications Traffic Monitoring and Revenue Assurance Regulations (Statutory Instrument 95/2021), the Postal and Telecommunications Regulatory Authority …

Mashonaland Central’s Chief Chipuriro, born Clever Mashiki has called on his subjects to welcome all legal investors that would want to work in his chiefdom without considering colour, creed or race. This follows the recent onslaught against the Chinese by Chief Chiweshe, born Matthew Chitemamuswe. Chief Chipuriro has given his …

Landline phone and data service operator, TelOne, has directed its unvaccinated staff to go on leave with immediate and withdrew the Covid-19 allowance for all those the same category, as part mitigation measures against the spread of the deadly pandemic. Following the Government’s guidance to decongest public office space to …