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Harare
Tuesday, October 15, 2019

Nestle invests $2mln in new equipment, products

HARARE,– The local unit of Swiss-based food manufacturer Nestle says it has invested $2 million in plan upgrade and new products, which could increase...

Mandiwanza’s dark mood reflects Dairibord’s travails

HARARE,– You can write or think whatever you like, Dairibord chief executive Anthony Mandiwanza somberly told assembled analysts and the media at the group’s...

Hwange Colliery narrows net loss but liabilities exceed assets by $168mln

HARARE, April 4 (The Source) – Hwange Colliery Company narrowed its net loss by 22 percent to $89,9 million in the full-year to December...

RwandAir flies to Harare

Rwanda’s national carrier RwandAir yesterday became the latest airline to fly into the country after its 158-seater new generation Boeing 737-800 landed at Harare...

Company targets 6 000t of maize seed for 2017 agric season

SEED company Klein Karoo Zimbabwe is targeting to produce 6 000 tonnes of maize seed for the 2017 agriculture farming season. BY TARISAI MANDIZHA Klein Karoo...

Clothing industry experiences 165% growth

ZIMBABWE’S clothing and textiles manufacturing sector has experienced a growth trajectory over the past five years, with exports growing 165% to $8,2 million in...

Victory for farmers as govt suspends tobacco tax

THE government yesterday suspended plans to introduce a 10% withholding tax on tobacco farmers without clearance certificates, a victory for farmers, who had asked...

RwandAir plans daily flights to Zimbabwe

RWANDAIR made its debut flight to Harare yesterday, with the carrier promising to fly daily starting next month. BY BUSINESS REPORTER RwandAir general manager (commercial) Mikael...

Dealing with foreign currency fallout

THE first quarter of 2017 (Q12017) has just come to pass and this week’s instalment focuses on the dominant events which shaped the trajectory...

IDBZ seeks partners for $250m capitalisation

Infrastructure Development Bank of Zimbabwe (IDBZ) Business ReportersTHE Infrastructure Development Bank of Zimbabwe says it is looking at partnering international development finance institutions to meet...
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