Vendors benefit from tobacco farmers

Vendors benefit from tobacco farmers April 27, 2017 Features, Opinion & Analysis, Top Stories Vendors at the tobacco auction floors Yvonne MutavaThe tobacco marketing season is characterised by a lot of activities outside the selling of the golden leaf. Most of the activities are beneficial to the economy whilst others are illicit. As a result, it is …

Embrace plastic money, farmers urged

Embrace plastic money, farmers urged April 25, 2017 Local News Elita Chikwati Senior Agriculture ReporterFarmers’ unions have urged tobacco farmers to embrace plastic money and trade with dealers with point of sale machines to reduce the negative impact of cash shortages. This comes as most farmers are complaining of cash constraints at tobacco auction floor banks. At …

AfDB commits $24bn towards agriculture

AfDB commits $24bn towards agriculture April 24, 2017 Business Dr Akinwumi Adesina Business EditorTHE African Development Bank (AfDB) has committed $24 billion towards food production on the continent in the next 10 years with a bias on agricultural industrialisation and job creation. The bank lamented rising food imports in the continent, which are gobbling billions of …

Agribank pounces on defaulters

Agribank pounces on defaulters Companies & Markets April 21, 2017By Phillimon Mhlanga, Business Reporter The public auction will be held at Raylton Sports Club this morning in Harare following a High Court judgement in favour of the financial institution. NEARLY 20 properties belonging to embattled companies and individuals across the country will be auctioned today in …

Declining meat prices downplay Colcom subsidiary’s sales increase

Declining meat prices downplay Colcom subsidiary’s sales increase Companies & Markets April 18, 2017By Own Correspondent Colcom’s revenue for the year ended December 31 2016 rose by eight percent to US$33,07 million compared to US$30,57 million in 2015. COLCOM Holdings says it has, since dollarisation, invested over US$2,5 million into subsidiary, Associated Meat Packers (AMP), in …

The Treasury Bills conundrum

The Treasury Bills conundrum April 13, 2017 in Business For some time now, public sentiment that Treasury Bills (TBs) are potentially a source of market instability has refused to go away.Accordingly, this week’s instalment of the Financial Sector Spotlight (FSS) focuses on some key aspects of these Treasury securities on which there has been considerable debate in …

Understanding Temporary Importation Permit for visitors’ vehicles

Understanding Temporary Importation Permit for visitors’ vehicles April 13, 2017 Business We have come to that time of the year again when our relatives and friends living outside the country come home to visit. Some will bring their vehicles for ease of travelling from one place to another within Zimbabwe. A visitor to Zimbabwe bringing in a …

Nestlé targets low end market, exports

Nestlé targets low end market, exports April 7, 2017 in Business NESTLÉ Zimbabwe has commissioned new product lines as it targets the low end market. BY TARISAI MANDIZHA Industry and Commerce minister Mike Bimha (right) cuts the ribbon at the commissioning of Nestle’s affordable product lines in Harare. Looking on from left are managing director Ben Ndiaye …