RBZ pay tobacco farmers $26.6 million in incentives

By Almot Maqolo The Reserve Bank of Zimbabwe (RBZ) says that it has so far paid $26.6 million in incentives to tobacco growers through banks. During the 2016 tobacco marketing season, 66, 215 tobacco growers delivered and sold green leaf tobacco valued at $588,185,486 million. In order to incentivize tobacco growers to increase production as well as More...

by kelly | Published 4 days ago
By Beaven Dhliwayo On Wednesday, January 18th, 2017
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Afreximbank announces new strategic plan targeting $90 billion disbursement over five years

By Beaven Dhliwayo The African Export-Import Bank (Afreximbank) has announced the inception of new five-year strategic plan that will see the African continental trade finance institution disburse no less than $90 More...

By M On Tuesday, January 17th, 2017
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BAT agrees to Pay $49.4 Billion to acquire Reynolds American

Harare-British American Tobacco Plc  has raised the cash portion of its bid for full control of Reynolds American Inc., offering about $49.4 billion in a deal that would  see it  acquire the  reaming 57,8 % More...

By daniel On Monday, January 16th, 2017
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Bimha doesn’t listen: Mudenda …the minister wasted time on Essar deal

By Daniel Chigundu SPEAKER of National Assembly Jacob Mudenda says Industry and Commerce Minister Mike Bimha refused to listen to important advice on the failed Essar/Zisco Steel deal. Under the US$750million deal More...

By Chika Uzor On Monday, January 16th, 2017
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Transforming Africa’s Beauty & Wellness Industry

GlamAfric is a marketplace built to help transform Beauty & Wellness experiences for Africans at home and in diaspora. Our goal is to make finding and booking Beauty & Wellness appointments simple, fast More...

By M On Monday, January 16th, 2017
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Zimbabwe’s annual milk production up 13,54%

HARARE, Zimbabwe’s annual raw milk production rose 13.54% in 2016 to 65.364 mln litres compared to 57.544 mln litres in 2015, Government has said. According to  figures from Ministry of Agriculture milk intake More...

By chapanduka On Monday, January 16th, 2017
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OK loses $70 000 to fraud

Talent Chapanduka Isaiah Marange is facing charges for hacking Ok Zimbabwe‘s Money Wave System stealing $70 000. Hacking is done when a person uses a computer to gain unauthorized access to data in a system. Marange More...

By Beaven Dhliwayo On Monday, January 16th, 2017
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WEEKLY MARKET WATCH

By Beaven Dhliwayo Telecom’s irrational exuberance What made headlines in the week  The telecoms sector was the first mover in 2017 following the gazette of data and voice price floors which were due to More...

By daniel On Saturday, January 14th, 2017
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Econet hits out at unfair Mandiwanzira …says Minister is working in cohorts with its competitors

By Daniel Chigundu DIVERSIFIED mobile telecommunication services provider Econet Wireless Zimbabwe has accused ICT, Postal and Courier Services Minister Supa Mandiwanzira of being unfair. Econet came under fire More...

By vivaflashmedia On Saturday, January 14th, 2017
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United States Lifts Sanctions On Zimbabwe Entity

The United States government has removed a local firm Zimre Holdings Limited from sanctions, nine years after the firm was placed under the embargo. According to a statement issued this Friday by the US Department More...