The local unit of Swiss-based food manufacturer Nestle says it has invested $2 million in plan upgrade and new products, which could increase revenue by half over the next five years.
Minister of State and Deputy Speaker in the House of Lords Baroness Anelay of St Johns has refused to speculate on the impact of South Africa’s decision that Zimbabweans should now follow the normal channels of applying for work and study permits.
Manufacturing concern GB Holdings reported a 15 percent drop in revenue from $3.9 million to $3.3 million for the full year to December 2016, after rubber prices fell during the year, but it looks forward to an improved outcome in the ensuing year.
Finance Minister Patrick Chinamasa has blamed the government and unscrupulous traders for the current cash shortages.
The spokesman for former Vice-President Joice Mujuru’s National People’s Party, Jealousy Mawarire, has resigned his post and quit the party because his life is now in danger from thugs that now surround her and will not take her anywhere.
Zimbabwe’s Finance Minister Patrick Chinamasa says the government is considering scrapping a tax on the use of plastic money and threatened to cancel operating licences for retailers and wholesalers that do not bank cash from sales.