Business

Zimbabwe to double milk output by 2023

Zimbabwe plans to double its milk output to 150 million litres per annum by 2023. The Zimbabwe Agricultural Growth Programme, a US$45 million fund availed by the European Union (EU), has increased the country’s chances of meeting this target. The fund caters for five key livestock value chains mainly beef, […]

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Unsung Waste Heroes

Ignored and largely regarded as vagrants, Harare’s waste collectors work all day long, sorting through the city’s bins and waste heaps. These industrious men and women rummage through dumpsites for disposed packaging in a systematic way to feed the nation’s recycling industry. ZTN’s Oscar Mataruka traced the waste to a […]

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Fuel Update – Motorists’ Reactions

Fuel prices in Zimbabwe are continuing to increase with the retail prices of blend petrol now at ZWL$5,26 per litre up from ZWL$4,97 and diesel at ZWL$5,07 from ZWL$4,89 per litre. This is the third fuel increase within six months. For 3 weeks now, local fuel companies have been importing […]

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Business Frets over Inter-bank Forex Market

Industry has called on government to fine-tune the inter-bank currency market for foreign exchange arguing that the platform’s benefits are yet to trickle down and translate to cash availability. Government launched the platform in February this year in an effort to curb a booming parallel market but two months down […]

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Dairibord Completes Malawi Exit

Listed milk processor, Dairibord Holdings Limited Zimbabwe (DHL) has announced that a deal to exit from its Malawi unit is done and is now being dusted. The company’s Malawian subsidiary posted a loss after tax of 700 000 Dollars in 2018, an increase of 17% on the previous year loss […]

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Commuter Operators Seek Concessions

Zimbabwe has been facing challenges in importing fuel, due to foreign currency shortages. Fuel dealers have made the situation worse through hiking the price of the commodity as well as selling it on the black market. Commuter bus operators have struggled to access fuel and are also facing competition from […]

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ZIBAWU Demonstrates at CABS

Zimbabwe Banks and Allied Workers Union (ZIBAWU) members have picketed outside CABS First Street Bank demanding the reinstatement of ZIBAWU workers committee Chairperson Pikirai Guvheya. ZTN’s Patience Nhamburo reports.

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