‘Pensioners, insurance holders lost quadrillions during dollarisation’

‘Pensioners, insurance holders lost quadrillions during dollarisation’ newsday PENSIONERS and insurance holders lost quadrillions of their Zimbabwean dollar investments during the process of conversion of the Zimbabwe dollar to the United States currency, Parliament heard on Monday. BY KUDZAI MUCHENJEKWA The issue was revealed by the Commission of Inquiry into the Conversion of Insurance and …

Zimbabwe urged to adopt new cotton varieties

Zimbabwe urged to adopt new cotton varieties   The Herald Sifelani Tsiko recently in Salima, MalawiZimbabwe should open its doors for the introduction of new high yielding cotton seed varieties to enhance the country’s competitiveness and boost national output, crop breeders and farmer groupings say. Zimbabwe Farmers Union executive director Paul Zakariya, who was part …

RBZ releases $450k daily for tobacco farmers

RBZ releases $450k daily for tobacco farmers Livingstone Marufu The Reserve Bank of Zimbabwe (RBZ) says it is disbursing $450 000 daily to banks with branches at tobacco auction floors to ensure farmers access cash. This comes following an outcry from farmers who are reportedly failing to access the prescribed $300 cash daily from banks …

Sable Chemicals targets 30k tonnes AN for winter cropping season

Sable Chemicals targets 30k tonnes AN for winter cropping season   Munyaradzi Musiiwa Midlands CorrespondentAmmonium Nitrate (AN) manufacturer Sable Chemicals is targeting to produce about 30 000 tonnes of fertiliser ahead of the winter cropping season, an official has said. Sable Chemicals chief executive Mr Bothwell Nyajeka said the company, which had a long-term plan …

Kondo appointed inaugural ZIMSEZA boss

Kondo appointed inaugural ZIMSEZA boss   Herald ReporterMr Edwin Kondo has been appointed the inaugural chief executive officer of the Zimbabwe Special Economic Zones Authority (ZIMSEZA) with effect from the beginning of this month. In a statement yesterday, ZIMSEZA board chair Dr Gideon Gono said the board is confident that Mr Kondo will provide the …

Legalisation of marijuana production – economic opportunities

Legalisation of marijuana production – economic opportunities   Tapuwa MashangwaAS globalisation integrates the functionality of all countries, the process of integration and development will eventually become more similar. These similarities will make the product and service provision internationally easier and more manageable, simultaneously increasing competitiveness and providing multiple choices for consumers. On the international agricultural …