ZIMBABWE will not experience meaningful macro-economic revival if government does not embark on a comprehensive policy overhaul and show commitment to restore confidence, Old Mutual Zimbabwe (OM) has warned. (more…)
GOVERNMENT needs to commission an extensive debt audit into Zimbabwe’s over US$18 billion debt and come up with a management framework, the Zimbabwe Coalition on Debt and Development (ZIMCODD) has said. (more…)
ZIMCOKE says it is in the final stages of honouring a $225 million debt owed by Ziscosteel to Germany bank, KFW, with production at the Kwekwe-based coke producer anticipated to kick off in September. (more…)
SOUTH Africa (SA)’s Trade minister Rob Davies says Zimbabwe should adopt its own fiat currency as a way of addressing the country’s economic crisis. (more…)
LABOUR minister Sekai Nzenza says government has adopted a new scientific approach to reduce work-related accidents after 70 people died at the workplace in 2018, compared to 65 in 2017. (more…)
THE Agricultural and Rural Development Authority (ARDA) says it will kick off its Matobo Milling project in the second half of the year as it intensifies a country-wide expansion drive at its 21 plantations. (more…)
TONGAAT Hulett Zimbabwe (Tongaat) says it will continue with its expansion programme aimed at boosting output in spite of an earnings-decimating probe happening at its parent company in South Africa. (more…)
BETA Bricks says it is planning to double its annual production to over 340 million bricks following the construction of a new $10 million plant in Goromonzi. (more…)
THE Industrial Development Corporation (IDC) says it has recieved a significant number of bids from private players seeking to invest in its fertiliser manufacturing unit. (more…)