Labour Matters: Labour litigation costs beyond reach

Labour Matters: Labour litigation costs beyond reach   Chronicle 11/6/2020  Davies Ndumiso Sibanda MANY individuals and small businesses can no longer afford labour litigation costs. The situation even gets worse when a case is lost with costs. An average labour case from an internal hearing right up to the Labour Court can easily cost more …

Small scale millers call for grain subsidy pricing review

Small scale millers call for grain subsidy pricing review Chronicle 11/6/2020   Oliver Kazunga, Senior Business Reporter THE Small to Medium Millers Association of Zimbabwe (SMMAZ) has called for a review of the pricing structure under the grain subsidy programme to enhance the viability of the sector. The association has made a written submission to …

New cotton price set

New cotton price set  Herald 10/6/2020   Herald Reporter The cotton floor producer price was set by Government at $43.94 a kilogramme for the present marketing season. The price was announced by Information, Publicity and Broadcasting Services Minister Monica Mutsvangwa, while addressing a post-Cabinet media briefing. She said the price proposal was tabled to Cabinet …

RBZ restores 30-day forex liquidation period

RBZ restores 30-day forex liquidation period  Herald 10/6/2020   Dr Mangudya Tawanda Musarurwa Senior Business Reporter The Reserve Bank of Zimbabwe (RBZ) says it will restore the statutory 30-day foreign currency liquidation period from July, a move that is expected to help boost the operations of the interbank market. This comes as the central bank …

Maize yield expected to rise 17pc

Maize yield expected to rise 17pc   Herald 10/6/2020  Elita Chikwati Senior Reporter THE second crop and livestock assessment report by the Ministry of Lands, Agriculture, Water and Rural Resettlement says more than one million tonnes of grain are expected during the 2019/20 summer cropping season with maize production estimated to increase by 17 percent. The …

AfDB unveils roadmap to safeguard regional food security against impacts of Covid-19

AfDB unveils roadmap to safeguard regional food security against impacts of Covid-19 Chronicle 10/6/2020   Business Reporter  THE African Development Bank (AfDB) has unveiled a strategic roadmap of projects and programmes to assist African countries in tackling the nutrition and food security aspects of the Covid-19 crisis through a raft of immediate and longer-term measures. …

Tobacco auction floor merchants need to rethink business conduct

Tobacco auction floor merchants need to rethink business conduct  Herald 9/6/2020   At least 23 075 bales of tobacco have so far been sold through the auction floors Obert Chifamba Agri-Insight If latest figures from the Tobacco Industry and Marketing Board (TIMB) on the 2020 tobacco sales are anything to go by, it will certainly not …