INDUSTRIALS & ENERGY

Sable Chemicals to invest in coal bed methane

Fertiliser manufacturer Sable Chemicals has started feasibility studies to mine coal bed methane gas in Lupane as it seeks to cut on its import bill, an official has said.The company, which is the sol...

By Staff reporter | Published: 24 September 2019

BUSINESS NEWS

IDBZ to bankroll Mat South irrigation scheme

AT least 450 hectares of farm-land in Mangwe District, Matabeleland South Province will be opened up under a planned irrigation scheme to enhance the country's food security while some of the produce ...

By Staff reporter | Published: 01 May 2019

BUSINESS NEWS

Council opts for locally-made water chemicals

Harare City Council (HCC) has started carrying out trial runs for locally-made water purification chemicals which are expected to reduce the demand for foreign currency and save the local authority US...

By Staff reporter | Published: 26 April 2019

BUSINESS NEWS

Harare hit by serious water chemical shortages

Harare residents should brace for a dry festive season or rely on rain water, as council has run out of water purification chemicals.Mayor Herbert Gomba yesterday gave a grim picture of water supply i...

By Staff reporter | Published: 19 December 2018

BUSINESS NEWS

'Extend 20% forex scheme to all farmers'

THE Reserve Bank of Zimbabwe (RBZ) should extend its 20 percent forex payment scheme to all farmers other than cotton and tobacco growers so as to enhance increased agricultural output. In an intervie...

By Staff reporter | Published: 19 December 2018

OPINION

Zimbabwe's new Cabinet: A patronage, merit alchemy?

ZIMBABWEAN President Emmerson Mnangagwa, following a disputed narrow victory in July which had to be validated by the Constitutional Court in August, appointed a new Cabinet on Friday, September 7.Thi...

By Washington Katema | Published: 11 September 2018

LANDS & AGRICULTURE

Sable Chemicals warns of fertiliser crisis

SABLE Chemicals Industries (Sable), Zimbabwe's only manufacturer of ammonium nitrate (AN), says it will only be able to meet just about 38% of national demand this year.AN is a top-dressing fertiliser...

By Staff reporter | Published: 11 September 2018

POLITICS

'Presidential input scheme politicised in Murewa South'

Murewa South independent candidate Noah Mangondo has bemoaned the abuse of the Presidential Agricultural Input Scheme by Zanu-PF officials, saying his followers were being denied access to the farming...

By Staff reporter | Published: 26 July 2018

BUSINESS NEWS

DIDG scheme targets investors abroad

THE Diaspora Infrastructure Development Group (DIDG) has appointed Imara Corporate Finance and EY South Africa as its advisors to set up the Collective Investment Scheme meant to allow other Zimbabwea...

By Staff reporter | Published: 19 July 2018

INDUSTRIALS & ENERGY

German chemical firm eyes Zim

LANXESS, a German-based company specialising in manufacturing chemical products, says it is setting its sights on Zimbabwe with a view to find market for its products.Jennet Schirly, public affairs of...

By Staff reporter | Published: 04 July 2018

INDUSTRIALS & ENERGY

IDCZ appoints financial advisor for Chemplex transaction

THE Industrial Development Corporation of Zimbabwe Limited (IDCZ) has finalised the appointment of a financial advisor to handle the dilution of its shareholding in chemicals and fertilisers subsidiar...

By Staff reporter | Published: 22 June 2018

BUSINESS NEWS

Mnangagwa to visit Sable Chemicals

President Mnangagwa will today visit the country's largest fertiliser producer, Sable Chemicals, as the new Government administration takes major steps to revive the country's major industries.Presid...

By Staff reporter | Published: 06 June 2018

CONSTRUCTION & PROPERTY

CBZ renews hope in Vic Falls housing scheme

CBZ Bank has assured beneficiaries of its housing scheme in Victoria Falls that they will not lose out after it emerged that some of the residential stands had been double-allocated by the council.In ...

By Staff reporter | Published: 01 June 2018

POLITICS

PDP seeks to test ballot paper chemical compositio

TENDAI Biti's People's Democratic Party (PDP) has approached the High Court seeking an order to compel the Zimbabwe Electoral Commission (Zec) to disclose the chemical composition of ballot papers bei...

By Staff reporter | Published: 24 May 2018

OPINION

Mnangagwa's power retention scheme ruinous

President Emmerson Mnangagwa's pledge that the government will increase the allowances for war veterans and review their benefits is yet another illustration that, just like his predecessor Robert Mug...

By Staff reporter | Published: 13 May 2018

MINING & RETAIL

Hwange Colliery scheme of arrangement on course

Hwange Colliery Company Limited (HCCL) says it has been paying monthly instalments to its employee creditors since December, 2017, and it will continue until the $70 million arrears are paid in full.T...

By Staff reporter | Published: 12 May 2018

BUSINESS NEWS

CBZ housing scheme beneficiaries to lose residential stands

THE estimated 1 300 beneficiaries of the CBZ housing scheme in Victoria Falls might lose their residential stands after the local authority recently threatened to repossess the stands over non-payment...

By Staff reporter | Published: 10 May 2018

INDUSTRIALS & ENERGY

Sable Chemicals targets 30k tonnes fertiliser

Ammonium Nitrate (AN) manufacturer Sable Chemicals is targeting to produce about 30 000 tonnes of fertiliser ahead of the winter cropping season, an official has said.Sable Chemicals chief executive M...

By Staff reporter | Published: 08 May 2018

MINING & RETAIL

Hwange Colliery woes frustrate Zimchem

OPERATIONAL challenges at Hwange Colliery Company Limited have hit hard on Zimbabwe Chemical Refineries (Zimchem), which is struggling to procure critical raw materials to produce solvents and coal ta...

By Staff reporter | Published: 04 May 2018

LANDS & AGRICULTURE

Command Livestock Scheme gets rolling

VICE President Constantino Chiwenga yesterday handed over the first batch of 200 heifers to 66 cattle farmers from two provinces of Matabeleland North and South under the $300 million Command Livestoc...

By Staff reporter | Published: 27 April 2018

FINANCIAL SERVICES

Barclays to pay $2bn for losses caused by fraudulent scheme

BARCLAYS has agreed to pay $2 billion for allegedly causing billions of dollars of losses to investors by engaging in a fraudulent scheme to sell residential mortgage-backed securities between 2005 an...

By Reuters | Published: 04 April 2018

BUSINESS NEWS

Egodini contractor mulls equity scheme for Bulawayo

SOUTH African civil engineering firm, Terracotta, will be launching a broad-based retail equity scheme, which allows Bulawayo residents to acquire a maximum of 30% shareholding in the Egodini project....

By Staff reporter | Published: 27 March 2018

BUSINESS NEWS

Arda, Schweppes to partner in horticulture out-grower scheme

THE Agricultural and Rural Development Authority (Arda) is working with beverages manufacturer, Schweppes Zimbabwe to start a horticulture out-growers scheme for the production of produce that will in...

By Staff reporter | Published: 25 March 2018

INDUSTRIALS & ENERGY

Sable Chemicals crippled by forex shortages

THE shortage of foreign currency has impacted on the ability of Sable Chemicals to produce enough fertiliser for the domestic market, forcing farmers to import 70% of ammonium nitrate, Parliament has ...

By Staff reporter | Published: 01 February 2018

INDUSTRIALS & ENERGY

IDC hunts for partners for Chemplex

The Industrial Development Corporation of Zimbabwe is looking for partners for its subsidiary, Chemplex Corporation Limited, which is into manufacturing and mining.In an invitation for an expression o...

By Staff reporter | Published: 30 January 2018
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