Partner foreign investors to exploit natural resources

EDITORIAL COMMENT: Partner foreign investors to exploit natural resources April 6, 2017 Opinion & Analysis The year 2017 is looking very promising and there is every reason to be optimistic that the country will record a remarkable economic growth. The agro-based economy will obviously be spurred by the expected bumper harvest and Government has already announced …

Millers banned from buying grain from farmers

Millers banned from buying grain from farmers April 6, 2017 Business Harare BureauMillers have been barred from buying maize directly from farmers this season and will now procure it from the Grain Marketing Board, while Government has suspended the importation of maize with immediate effect. Agriculture, Mechanisation and Irrigation Development Minister Dr Joseph Made confirmed the …

Zesa warns of interrupted prepaid electricity supplies

Zesa warns of interrupted prepaid electricity supplies April 6, 2017 Local News Auxilia Katongomara, Chronicle ReporterTHE Zimbabwe Electricity Supply Authority has warned of an interruption of prepaid electricity purchases countrywide from tomorrow to Sunday and urged customers to buy electricity in advance as its system would be down. In a statement, the parastatal warned of planned interruption …

Govt reverses 10pc tax for farmers

Govt reverses 10pc tax for farmers April 6, 2017 Local News Minister Patrick Chinamas Elita Chikwati, Harare BureauGovernment has reversed a decision announced last week to levy a 10 percent tax on gross sales of tobacco farmers who do not have clearance certificates. This follows a meeting between Agriculture, Mechanisation and Irrigation Development Minister Dr Joseph Made …

Informal economies harness, institutionalise customer experience

Informal economies harness, institutionalise customer experience April 5, 2017 in Business WHILE a supermarket chain can have a customer care department responsible for answering queries and harvesting feedback from diverse customers, informal agricultural markets in major African cities have different ways of gathering customer experience. They use their collective knowledge to maintain customer service for diverse commodities. …

Revenue collector speaks on tobacco tax

Revenue collector speaks on tobacco tax April 5, 2017 in Business The Zimbabwe Revenue Authority (Zimra) has said tobacco farmers should comply with the tax laws by having tax clearance certificates, adding that the 10% withholding tax was not targeting only farmers. BY BUSINESS REPORTER Last week, Zimra told the Tobacco Industry and Marketing Board (TIMB) to …

Understanding financial innovation

Understanding financial innovation April 5, 2017 Business Financial systems provide vital services Sanderson AbelFinancial innovation can be defined as the act of creating and then popularising new financial instruments. This implies advances over time in the financial instruments and payment systems used in the lending and borrowing of funds as well as innovations in the payment …

ZimTrade to lead exhibitors at Zambian expo

ZimTrade to lead exhibitors at Zambian expo April 5, 2017 Business Business ReporterZimTrade, Zimbabwe’s trade development and promotion organisation, will, for the second time, lead Zimbabwe’s participation at Agritech Expo to be held in Chisamba, Zambia from April 27-29, 2017. Agritech Expo is a specialised exhibition for the agricultural sector value chain. The Expo is a …

Rainy season ends: Met Dept

Rainy season ends: Met Dept April 5, 2017 Local News Elita Chikwati Senior Agriculture ReporterThe 2016-17 rainfall season in Zimbabwe officially ends this week, with winter features expected to set in after Friday, the Meteorological Services Department (MSD) has said. More rainfall is expected, though relatively light during the month of April. According to the MSD, by …

Tongaat-Govt joint venture to create over 10 000 jobs

Tongaat-Govt joint venture to create over 10 000 jobs April 5, 2017 Local News Tawanda Mangoma in ChiredziTongaat Hulett Zimbabwe (THZ) is geared to partner Government in the development of 25 000 hectares of sugar cane earmarked to be irrigated by water from Tokwe-Mukosi Dam, in a development that is likely to create more than 10 …