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Business
Load-shedding is hitting hard on businesses and livelihoods as many areas are going for up to eight hours without power in most parts of the country. Zesa recently rolled out a load-shedding schedule which appears to be far more severe than was experienced in the past nine years. Industries and households are going without electricity […]Continue Reading
Business
Hand to mouth are the words which most formally employed workers use to describe their predicament as they go about their duties on a daily basis, only to get money they spend in one day without meeting the demands of their families after a month of hard work. Some are going for months without pay […]Continue Reading
Business
With declining numbers of people growing cotton — a  key foreign currency earner for the nation — a  local company has unveiled a new cotton variety, which has  the potential of doubling yields relative to current seed varieties. Southern Cotton, which is wholly owned by Zimbabweans and runs two ginneries in Shamva and Sanyati, says […]Continue Reading
Business
Delta Corporation Limited chief executive officer Pearson Gowero says the company is struggling to access enough foreign currency from the interbank market recently introduced by the Reserve Bank of Zimbabwe. Despite struggling to meet their foreign currency requirement, the beverage manufacturer grew its profit after tax by nearly 62% to ZWL$143,23 million for the Continue Reading