The government will launch a new livestock policy by yearend which seeks to protect cattle owners from being shortchanged by private abattoirs as well as reduce statutory charges in trading, a junior minister has said.
Hippo Valley Estates, a unit of South Africa’s Tongaat Hulett says it is aiming to increase sugarcane production by 10 percent every year and to bump up ethanol output from the current 21 million litres correspondingly.
Struggling state-owned airline Air Zimbabwe has plans to re-introduce flights to Masvingo and Buffalo Range near Chiredzi, an official has said.
Former Mines Minister Obert Mpofu met South African diamond executive Ernest Blom on 9 April 2009, less than two months after his appointment, to discuss a mining deal for Marange diamonds that was being proposed by Blom and his partner C.
Global telecoms giant VimpelCom, the parent company of Telecel Zimbabwe, today said it had sold its Burundi and Central African Republic interests to Econet Wireless Global (EWG) for $65 million.
Ferrochrome producer Zimbabwe Alloys has recovered 150 tonnes of metal from its dumps after an unnamed Chinese firm commenced recovery last month, while talks with a potential investor to inject $50 million fresh capital into the business will be concluded in three months, the company’s judicial manager has said.