Business

MethoCare receives donation from Steward bank

Steward Bank donated food humpers and clothing to Methodist Caring Hand (MethoCare), a community based non-governmental organisation, during the organisation’s launch last Saturday 16 June 2018 at Methodist Church in Luveve. The donations will go a long way in providing essential food and clothing to vulnerable children in Dundubala, a village on the outskirts of Bulawayo. The donated items included ...

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Contract farming arrangement and poor resourced farmers in Zimbabwe

This study sought to understand the impact of contract farming on livelihoods among the small-scale farmers in two study districts of Zvimba and Goromonzi which are located in the Mashonaland Provinces. This was done through examining different levels of income earned between contract and non-contract tobacco growers, food consumption rates, land use patterns and asset accumulation among other indicators. The ...

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The RBZ should be separated from politics

In any democratic country, politics is bound to be less stable from time to time as new leaders are voted in office. If not separated, the instability of politics is extended to the financial sector. Politicians have different perspective which changes from time to time. The central bank cannot afford to make such decision reversals as it is too sensitive ...

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Masiyiwas honoured by British PM Theresa May

Econet Wireless founder, Strive Masiyiwa and his wife Tsitsi, were yesterday honoured by British Prime Minister Theresa May for their outstanding philanthropist work which has seen the couple providing education to over 20 000 underprivileged children. Masiyiwa and Tsitsi founded Higherlife Foundation in 1996, a non-profit organisation that is investing in Africa’s future by empowering vulnerable children through education and ...

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War vets, IDBZ headed for showdown

THE Infrastructure Development Bank of Zimbabwe (IDBZ) is headed for a showdown with war veterans, resettled on the periphery of Masvingo, after the institution was offered 100 hectares of their land by the Local Government ministry for a housing project. The deal was facilitated by former Local Government minister Saviour Kasukuwere last year at the official handover of IDBZ’s first ...

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‘James Makamba remains in charge of Telecel’

AS the Telecel Zimbabwe ownership wrangle rages on co-founder, Dr James Makamba, has refuted media reports that he has exited the country’s third largest mobile network operator, saying he remains in charge. Dr Makamba has dominated media headlines since his return home this year from a 12-year self-imposed exile. Numerous reports indicated he was due to receive $11 million for ...

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‘Terminate Chivayo tender’

THE Zimbabwe Power Company must immediately terminate it’s contract with Intratrek as one of its directors, Mr Wicknell Chivayo, has a criminal record and does not qualify to be a managing director of a company registered in Zimbabwe, legislators have said. The Parliamentary Committee on Mines and Energy’s report after conducting hearings on the Gwanda Solar Project recommended that power ...

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Zimbabwe to retain its bread basket status

Zimbabwe will soon retain its bread basket status. Being found in a landlocked country with a friendly climate. Zimbabwe’s land makes it suitable to plant various nutritious crops. Climatic conditions in Zimbabwe are largely sub-tropical with one rainy season, between November and March. Rainfall reliability decreases from North to South and also from East to West. Zimbabwe is divided into ...

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SA investors to explore investment in Binga

A local organisation, Siabuwa Development Trust has invited a group of potential investors from South Africa to explore a wide range of investment opportunities existing in Binga District, Matabeleland North Province. Siabuwa Development Trust founder and executive director Mr Kudakwashe Mavula Munsaka said a high-powered business delegation from South Africa under the Holistic Economic Revolution (HER) umbrella will visit the ...

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Zimplats hands over 24,000 hectares of land Mnangagwa’s govt

ZIMBABWE’S largest platinum miner, Zimplats, has agreed to release to the Zimbabwe Government land measuring 23  903 hectares within Zimplats’ mining lease area in support of the Government’s efforts to enable participation by other investors in the platinum mining industry in Zimbabwe, the Business Daily reported. Following this release of ground, Zimplats now holds two separate and non-contiguous pieces of ...

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