BUSINESS NEWS

Mixed feelings over produce market

Informal traders in the City of Mutare have raised mixed feelings over the establishment of a produce market in the sprawling suburb of Dangamvura.The Mutare City Council in partnership with Care and ...

By Staff reporter | Published: 02 June 2022

BUSINESS NEWS

Mnangagwa encourages industries to export 20% of their produce

President Emmerson Mnangagwa (pictured) yesterday urged companies and producers to export 20% of their produce to the foreign markets, but retain 80% for local markets.Mnangagwa made the remarks while...

By Staff reporter | Published: 18 October 2019

BUSINESS NEWS

Zera delists seven power producers

THE Zimbabwe Energy Regulatory Authority (Zera) has cancelled licences of seven Independent Power Producers (IPPs) that have failed to kick start their projects within stipulated timeframes as it move...

By Staff reporter | Published: 06 October 2019

INDUSTRIALS & ENERGY

Silo Foods increases grain producer price to RTGS$4 000 per tonne

Silo Foods Industries is now buying maize and small grain from farmers at RTGS$4 000 per tonne, representing a 90.47% increase from RTGS$2 100 being offered by its parent Grain Marketing Board (GMB).&...

By Staff reporter | Published: 02 October 2019

INDUSTRIALS & ENERGY

Mutoko Independent Power Producer pumps 2.5 megawatts into national grid

MUTOKO community is experiencing less hours of load shedding after a local Independent Power Producer, Nyangani Renewable Energy (NRE) started pumping its solar power into the national grid.NRE is the...

By Staff reporter | Published: 22 August 2019

MINING & RETAIL

Chrome producers engage MMCZ over pricing

SMALL-SCALE chrome miners have engaged the Mineral Marketing Corporation of Zimbabwe (MMCZ) to adopt a market-based pricing system to cut out losses and nurse the sector back to viability.Small-scale ...

By Staff reporter | Published: 21 September 2018

MINING & RETAIL

Blanket Mine produces 12,567 ounces of gold

AIM-LISTED Caledonia Mining Corporation has produced approximately 12,657 ounces of gold at its Blanket Mine subsidiary in Gwanda during the second quarter ended 30 June 2018 compared to 12,924 ounces...

By Staff reporter | Published: 13 July 2018

BUSINESS NEWS

Zim destined to produce surplus electricity, fuel

President Emmerson Mnangagwa yesterday told over 40 000 youths at a convention in Mkoba that Zimbabwe was destined to produce surplus electricity and fuel. "We signed an agreement for coal-bed-methane...

By Staff reporter | Published: 01 June 2018

MINING & RETAIL

Zimbabwe gold producers upbeat

Zimbabwe gold producers say the yellow-metal subsector has potential to rake in millions of dollars in export receipts, but requires a lot of capital to recapitalise operations.The southern African co...

By Staff reporter | Published: 28 May 2018

MINING & RETAIL

Zim miner to produce battery grade lithium

A Zimbabwean mining company is considering upgrading a local nickel refinery to produce battery grade lithium or alternatively build a new lithium carbonate plant at a cost of up to $150 million, its ...

By Reuters | Published: 07 May 2018

TELECOMS & TECHNOLOGY

Local producers urged to feed Zimdigital project

THE Permanent Secretary in the Ministry of Information, Media and Broadcasting Services, George Charamba, says the ongoing Zimdigital project presents an opportunity for local artists to show their cr...

By Staff reporter | Published: 02 May 2018

MINING & RETAIL

Small scale gold miners produce 4.2 tonnes in Q1

Small scale gold miners have produced 4,2 tonnes of the yellow metal in the first quarter of this year, giving a positive projection that their target of 35 tonnes can be realised.Small scale gold min...

By Staff reporter | Published: 23 April 2018

BUSINESS NEWS

Cooking oil producers to cut import bill

Cooking oil producers are looking at reducing their import bill by 30% from the current US$300 million annually through imports substitution, businessdigest has learnt.This comes as the nation is suff...

By Staff reporter | Published: 13 April 2018

BUSINESS NEWS

Chiwenga pledges forex to producers

Government has pledged to assist manufacturing companies with foreign currency and new equipment to boost their production capacity and ensure they generate their own foreign currency through exports....

By Staff reporter | Published: 12 April 2018

MINING & RETAIL

Producers seek help to grow gold output

THE Zimbabwe Miners' Federation (ZMF) has written to the police asking for help to restore order in the artisanal gold mining sector, where the yellow metal is being illicitly traded, thereby deprivin...

By Staff reporter | Published: 10 April 2018

MINING & RETAIL

Post-Mugabe Zim mining rush leaves big producers behind

While Zimbabwe's leadership change has sparked a race for the nation's mineral riches among entrepreneurs and tiny explorers, big-name mining companies are taking a wait-and-see approach.New President...

By Bloomberg | Published: 03 April 2018

INDUSTRIALS & ENERGY

Oil producers finally fortifying products

THE country's cooking oil producers have all complied with Government's directive to fortify their products.Oil Expressers Association of Zimbabwe (OEAZ) president Mr Busisa Moyo confirmed that all oi...

By Staff reporter | Published: 25 February 2018

MINING & RETAIL

Blanket Mine produces record 56 000 ounces

GWANDA-BASED gold mining concern, Blanket Mine last year achieved a record production of 56 135 ounces, a figure higher than the firm's production guidance of 56 000 ounces.In a statement, the gold mi...

By Staff reporter | Published: 16 January 2018

INDUSTRIALS & ENERGY

Cooking oil producers fail to meet demand

LOCAL cooking oil producers are being forced to manufacture about 60 percent of the country's requirement due to the shortage of foreign currency to import adequate soya beans.Oil Expressers Associat...

By Staff reporter | Published: 10 December 2017

INDUSTRIALS & ENERGY

Oil producers complying with fortification order

Majority of oil producers have complied with Government's mandatory fortification programme to enrich oil with vitamins that are vital to the people's health, Oil Expressers Association of Zimbabwe (O...

By Staff reporter | Published: 08 December 2017

BUSINESS NEWS

AG's legal team produces Labour Act second draft

THE Attorney General's office has produced a second draft of the amended Labour Act which was discussed by the three parties to the Tripartite Negotiating Forum late last month, businessdigest has lea...

By Staff reporter | Published: 01 December 2017

JOBS

Multimedia Producer: FAO

Multimedia Producer: FAODeadline: 15 December 2017Personal Services Agreement Contract20 days (On when actually employed basis)Duty Station: HarareFAO is a member of the United Nations and does not ch...

By FAO | Published: 30 November 2017

INDUSTRIALS & ENERGY

Edible oil producers seek to charge in forex

COOKING oil producers have approached the central bank asking to be allowed to sell some of their products for cash in foreign currency to be able to import raw materials.Oil Expressers Association of...

By Staff reporter | Published: 22 November 2017

MINING & RETAIL

Gold producers upbeat

ZIMBABWE'S gold mining firms are planning to ramp up production in the next few years at a time the majority of companies in the country are struggling due to a deteriorating economic environment.This...

By Staff reporter | Published: 19 October 2017

INDUSTRIALS & ENERGY

Poultry producer in human bodies exhumation

Poultry producer, Crest Breeders International (Crest), has applied for the exhumation of human remains at its Harare South's Saturday Estates Retreat to pave way for the company's expansion.The compa...

By Staff reporter | Published: 25 September 2017
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