Finance and Economic Development Minister, Mthuli Ncube is optimistic of economic recovery efforts government is undertaking in light of a myriad of challenges the country is grappling with, a latest ministerial statement shows. Zimbabwe’s economy contracted six percent last year following the adoption of a local
A French owned company, Saint-Gobain Construction Products yesterday officially commissioned a USD$ 1 million Weber plant for tile adhesives In Harare's Msasa industrial area. The plant which has a production capacity of 15 000 tonnes of tile adhesive per annum is energy efficient entirely operating on
Ethanol producing company, Green Fuel has dismissed as false, allegations by the suspended Zanu-PF youth commissar Godfrey Tsenengamu that the company was involved in corrupt and unethical business practices to obtain a monopoly in ethanol blending. In a statement, the company said the remarks made by
Former War veterans minister Tshinga Dube has rapped Zanu PF for suspending the Zanu PF youth league leaders Lewis Matutu and Godfrey Tsenengamu saying the party should not hinder young people from highlighting what they see wrong in the movement. In a story published in the
Government is set to introduce a coupon system as a way of normalizing the roller meal situation while shielding the vulnerable from arbitrage behavior by unscrupulous dealers who are hoarding the precious commodity for re-sell at exorbitant prices. This was revealed by Information, Publicity and Broadcasting
Zimbabwe is facing fuel shortages which have been attributed to the short nature of structured agreements between government and oil companies while other firms are offering conditions which are beyond government’s reach considering a number of priority areas that require foreign exchange. It has emerged that
There is no monopoly on the use of the Feruka pipeline as oil companies have failed to utilize the facility by close to 40 percent in the last six years, official figures have revealed. Figures obtained from the Ministry of Energy and Power Development for the
Opposition MDC President Nelson Chamisa has called for action and unity in the fight against corruption saying the revelations by the Prosecutor General Kumbirai Hodzi that corrupt cartels had captured justice delivery system confirms state capture. Posting on Twitter today, Chamisa said the Zanu PF regime
The MultiChoice Talent Factory, an international initiative created to boost Africa’s film and television industry with new and enhanced talent, will soon host two master classes for existing industry professionals in Zimbabwe Liz Dziva, MultiChoice Zimbabwe publicity and public relations manager, said the master classes would
Despite government announcing a 40 percent upward price adjustment on subsidized roller meal yesterday, most retail outlets in the capital have not stocked the commodity, a situation that has dashed hopes for the already economically downtrodden Zimbabweans, 263Chat Business can report. Finance and Economic Development Minister,
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