The stock market fell further on Tuesday as the market breadth turned negative. Foreign participation remained insignificant and local liquidity remained restricted with turnover closing at $17.9m whi...
By Staff reporter | Published: 18 March 2020
The government has tightened its monitoring mechanisms on subsidised bread-making flour to millers and bakers to avoid unjustified bread price increases.This comes after several reports of some "baker...
By Staff reporter | Published: 27 September 2019
Bread supplies are set to improve in the coming days following the arrival of 19 000 tonnes of wheat which was bonded in Beira. The wheat was released after the Reserve Bank of Zimbabwe paid US$7 mill...
By Staff reporter | Published: 09 July 2019
A bread shortage is looming after local millers ran out of wheat due to foreign currency shortages to import the cereal. The country has been facing challenges in wheat availability of late in spite o...
By Staff reporter | Published: 13 June 2019
THE Government has moved to break the monopoly in the bread industry through resuscitation of indigenous bakeries that used to operate in various communities, a Cabinet Minister said.In his independen...
By Staff reporter | Published: 05 May 2019
THE Government will this week meet with bakers and millers to discuss the recent increase in bread prices which it feels is unfair and unjustified and map a way forward to come up with an affordable p...
By Staff reporter | Published: 29 April 2019
THE National Consumer Rights Association (Nacora) has called upon the Competition and Tariff Commission (CTC) to investigate alleged cartels that are responsible for "speculative price increases of br...
By Staff reporter | Published: 27 April 2019
Bread supplies have declined drastically giving rise to shortages as bakers grapple with bottlenecks in the availability of flour. A survey showed that some retail outlets were running out of bread, a...
By Staff reporter | Published: 13 September 2018
Government has ruled out the possibility of bread shortage in the country as mechanisms have been put in place to import wheat in the short-term. Further, Government wants to boost wheat cropping to s...
By Staff reporter | Published: 12 September 2018
The milling industry has received a boost after it took delivery of 30 000 metric tonnes of wheat, which is enough for three weeks, to avert a potential bread shortage.The wheat was imported from Germ...
By Staff reporter | Published: 01 July 2018
A landlocked country with a friendly climate, Zimbabwe's land makes it suitable to plant various nutritious crops. Climatic conditions in Zimbabwe are largely sub-tropical with one rainy season betwee...
By Rudo Saungweme | Published: 12 June 2018
GRAIN Millers Association of Zimbabwe (GMAZ) has warned that the country faces imminent bread shortages if millers do not get an urgent allocation of forex to import wheat, as there is only three week...
By Staff reporter | Published: 08 June 2018
PRESIDENT Mnangagwa yesterday said Zimbabwe was on track to regain its bread basket status owing to the highly successful Command Agriculture Programme. Speaking at the burial of Sekuru Phineas Tagwir...
By Staff reporter | Published: 17 May 2018
THE Reserve Bank of Zimbabwe (RBZ) says the increase in the price of bread to $1 from 90 cents was arrived at following wide consultations across all sectors and realisation that cost pressures had in...
By Staff reporter | Published: 09 May 2018
A survey has shown that the prices went up by 10 cents.Previously, the bread price was 90 cents for a standard loaf and a dollar for the popular Bakers Inn, Lobels and Proton Super loaf, which was com...
By Staff reporter | Published: 17 April 2018
A FREEZE on bread prices by government last year has suppressed the profitability and viability of businesses in the baking industry, with major players like Innscor Africa reporting a decline in oper...
By Staff reporter | Published: 22 March 2018
Lobel's Bread has taken over Kwekwe-based Plaza Bread in a development that is set to create more than 100 jobs, an official from one of the country's biggest bakers has confirmed.Lobel's Bread has si...
By Staff reporter | Published: 01 February 2018
PRICES of some basic commodities, including bread, sugar and mealie-meal, have gone up over the last month, marginally raising the cost of living for urban households.Figures from the Consumer Council...
By Staff reporter | Published: 17 December 2017
A hackneyed expression is that Zimbabwe went from the breadbasket of Africa to its basket case under long-time autocrat Robert Mugabe. But was the first part true?There is a commonly held view that Zi...
By Wandile Sihlobo | Published: 28 November 2017
Innscor Africa Limited's bread making subsidiary, Baker's Inn, has recorded a 36 percent increase in sales volumes to 340 000 driven by price reductions.Chief executive Mr Toni Fourie said the jump in...
By Staff reporter | Published: 24 June 2015
Bakers Inn Shepperton Road branch in Southern Harare has met its bread production target of 400 000 loaves of bread per day after the installation of a new plant, a senior company official said. The ...
By The Herald | Published: 01 April 2014
According to a research conducted by the University of Zimbabwe, wheat and bread consumption per capita has through time increased in Zimbabwe.Although bread used to be luxury product especially amon...
By Staff analyst | Published: 04 September 2013
Innscor's Bakers Inn will in September commission a new pie making plant which will raise capacity to 200 000 pies from the current 12 000 daily.Bakers Inn General manager Ketan Patel said during a t...
By Financial Express | Published: 10 June 2013
Concern over Masvingo black market 
Kenya declares three days of mourning for Mugabe 
UK's Boris Johnson quits over Brexit stretegy 
SecZim licences VFEX 
Zimbabwe abandons debt relief initiative 
European Investment Bank warms up to Zimbabwe 
Young Investment Professional (YIP) Graduate Programme 2019 
Young Investment Professional (YIP) Graduate Programme 2019
