Vice-President Emmerson Mnangagwa has called on Zimbabweans not to pay attention to critics of the Command Agriculture programme because critics will always be around but they should instead inspire people to work even harder.
Mutare Bottling Company (MBC) says its revenue declined by 20 percent while sales volumes slumped by 17 percent in the period between 2014 and 2016, as cheap imports from Mozambique flooded the eastern region, its catchment area.
Struggling miner, Falcon Gold says its net loss for the six months to March has grown $2.42 million, from $351 186 recorded in the comparable period last year after a fall in revenue and higher operating costs.
Zimbabwe’s trade deficit stood at $1.01 billion in the first five months of the year, a slight improvement from $1.12 billion last year, according to the latest data from the Zimbabwe National Statistics Agency (Zimstat).
War veterans leader Christopher Mutsvangwa has defied all odds by retaining his post despite being fired from both the government and the ruling party, clearly demonstrating that there are more powerful forces behind him.
Six private investors, including SMH Rail Malaysia and South Africa’s Transnet today submitted bid documents for a $400 million tender to recapitalize Zimbabwe’s struggling rail company.