Saturday, September 22, 2018
Africa Moyo The lifting of a four-year ban on the importation of ivory into the United States of America is expected to spur trophy hunting in the country, players in the safari sector have said. The US Fish and Wildlife Services recently announced the lifting of the ban, “on a case-by-case...
Taurai Mangudhla Zimbabwe’s tobacco industry faces a new threat as global human rights watchdogs rouse the world against apparent violations by growers of the golden leaf in the country in respect of child labour. Zimbabwe is the world’s sixth-largest tobacco producer, and the commodity is the country’s top export commodity. A damning...
Ontario. — In the twentieth century, the world ran on oil. Now, the future rests on a new mineral: Lithium. A crucial component in battery-storage technology, lithium will be needed in larger and larger quantities, as the world’s fleet of electric vehicles (EV) grows and more and more renewable energy capacity...
Tawanda Musarurwa Zimbabwe has assented to the African Continental Free Trade Area (AfCFTA), but full implementation of the agenda could see the country taking a significant hit in terms of trade, revenue and capital gains losses. This is due to the fact that Zimbabwe has some of the highest tariffs in...
Artists are passionate about the works they produce. They execute their practice on the basis of talent to maintain their livelihoods. The question then becomes, how they can best use this talent to make a living? They should be able to use their talent to build a profession that will...
Hebert Zharare The Zimbabwe International Trade Fair (ZITF) Company plans to construct a five-star hotel and a giant 800-seater convention centre in Bulawayo at a cost of $50 million after realising an untapped accommodation market in the city. The city has only two conversional hotels under Rainbow and Africasun and during...
Kudzanai Sharara High interest rates and low employment levels had a negative impact on potential mortgage borrowers in 2017 resulting in a slight increase in mortgage advances, the Zimbabwe Association for Housing Finance has said. Responding to enquiries from Business Weekly, ZAHF said the mortgage lending environment in the year was...
Jeffrey Gogo A 24-year-old Seke woman has impersonated Styx24.com chief executive Tatenda Mabungu, and allegedly cheated a number of people looking to buy into crypto-currencies of a few thousands of dollars, the Business Weekly can reveal. Police spokesman chief superintendent Paul Nyathi said they had not received reports Erica Chikomo had...
Kudzanai Sharara Zesa’s power monopoly is coming under serious challenge as firms offering consumers alternative power sources continue to grow. For years, the Zimbabwe Electricity Supply Authority (ZESA) has been the country’s sole supplier of electricity to individuals and companies. With very limited options, power consumers had to contend with load shedding...
Budget increased by 1000 percent...Govt to prioritise feasibility studies Business Writer Zimbabwe’s infrastructure spending will expand by 980 percent this year — from $157 million last year — to $1,7 billion as Government targets key projects to help economic revival, Finance and Economic Planning Minister Patrick Chinamasa has said. Zimbabwe has an...