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Seed Co sues contract farmer US$270,700
Seed Co Limited has emerged victorious in its legal pursuit against soya bean farmer Christian Falkenberg, successfully recovering US$274,768 after he failed to fulfill the terms of their crop financi...Published: 23 Oct 2024 at 07:50hrs | 364 | by Staff reporter
Bard Santner sets up New York office
HARARE - Local financial services firm Bard Santner Inc has set up an office in New York, United States, in a move to attract capital investment and transaction opportunities offshore.The comp...Published: 15 Feb 2024 at 18:42hrs | 11 | by Staff Reporter
Zimbabwe farmers advised to replant failed crops
DRY land farmers should consider replanting after their initial crop suffered from moisture stress due to the prolonged dry spell between November and December.Weather projections indicate tha...Published: 04 Jan 2024 at 05:54hrs | 5 | by Staff reporter
Prominent farmer dies in traffic accident
A PROMINENT Insiza and former national Seedco Farmer of the Year Mr Jonathan Silumbula Nsingo on Saturday tragically died in a road traffic accident just after Chalets leisure centre along the Bulaway...Published: 06 Dec 2023 at 17:33hrs | 6 | by Staff reporter
Shingi Munyeza threatens Mutemererwa's lawyer
The debt row pitying Marjorie Mutemererwa and Shingi Munyeza escalated this week with the ex SeedCo public relations manager's lawyer filing a police report against the businessman for allegedly swear...Published: 11 Aug 2023 at 18:54hrs | 7 | by Staff reporter
Why Mnangagwa failed to improve Zim's economic prospects
IT is now more than five years since President Emmerson Mnangagwa assumed power with a mandate from his backers to improve the country's economic fortunes, the nemesis of his predecessor, Robert Gabri...Published: 29 Jun 2023 at 06:29hrs | 9 | by Martin Majaji
Ex-Minister's trial date set
Harare regional magistrate Mr Taurai Manuwere has set May 17 as the trial date for former Deputy Minister of Agriculture, Water, Fisheries and Rural Development Douglas Karoro and Grain Marketing Boar...Published: 26 Apr 2023 at 19:23hrs | | by Staff reporter
Seed Co boss, mistress deny fraud charge
THE trial of Seed Co board chair Michael Ndoro and his alleged girlfriend Tunika Mkahanana on fraud charges kicked off yesterday with both pleading not guilty.Ndoro is accused of fraudulently ...Published: 10 Mar 2023 at 05:20hrs | 3 | by Staff reporter
SeedCo boss' messy divorce exposed in court
A HARARE magistrate yesterday heard that Seed Co board chairperson Michael Ndoro may have divorced his former wife Precious Jemani Ndoro because of his alleged involvement with a sex worker.Wh...Published: 07 Mar 2023 at 05:27hrs | 7 | by Staff reporter
Zimbabwe embassy gets land from Senegal for production of white maize
THE Zimbabwean Embassy in Senegal has been availed with more land to spearhead the production of white maize in a diplomatic show of food security initiatives that the continent is putting in place....Published: 29 Jan 2023 at 07:50hrs | 9 | by Staff Reporter
'VFEX growth exceeds expectation'
FINANCE and Economic Development Minister, Professor Mthuli Ncube, has lauded the rapid growth of the Victoria Falls Stock Exchange (VFEX), which witnessed the listing of the fifth counter, Nedbank Gr...Published: 28 Nov 2022 at 04:55hrs | 1 | by Staff reporter
Seed scammers on the prowl
SEED producers have urged government to put in place measures to curb the sale of fake seed to farmers.Findings of a recent study carried out by The African Seed Access Index (Tasai) in partne...Published: 10 Nov 2022 at 04:56hrs | | by Staff reporter
Fake maize seed hits market
FARMERS have been urged to be on high alert for fake maize seed in circulation.This has resulted in the police and SeedCo launching a campaign to warn farmers against seed scammers.See...Published: 19 Oct 2022 at 05:59hrs | | by Staff reporter
US$ VFEX market capitalisation jumps 25% in Q3
The Victoria Falls Stock Exchange (VFEX) market capitalisation increased by 25 percent to US$345 million in the third quarter to September 30, 2022 from US$273,24 million in the previous quarter....Published: 18 Oct 2022 at 05:57hrs | | by Staff reporter
Gwanda mine raises US$8 million from Victoria Falls bourse
WITH only six months after officially listing on the Victoria Falls Stock Exchange (VFEX), Jersey domiciled gold producer, Caledonia Mining Corporation, which operates Blanket Mine in Gwanda, says the...Published: 09 Jun 2022 at 06:37hrs | 6 | by Staff reporter
IMF notes show no appetite for reform
The Executive Board of the International Monetary Fund (IMF) concluded its Article IV Consultation with Zimbabwe on 21 March 2022. The press release noted that real Gross Domestic Product (GDP) rose b...Published: 12 Apr 2022 at 16:50hrs | 2 | by Victor Bhoroma
IMF notes show no appetite for reform
The Executive Board of the International Monetary Fund (IMF) concluded its Article IV Consultation with Zimbabwe on 21 March 2022. The press release noted that real Gross Domestic Product (GDP) rose b...Published: 01 Apr 2022 at 12:34hrs | 1 | by Victor Bhoroma
Sakunda Holdings breaks silence on command agric TBs
OIL company Sakunda Holdings, which played the leading role in the implementation of the specialised maize production programme popularly known as command agriculture, has broken its silence over the ...Published: 20 Mar 2022 at 06:22hrs | | by Staff reporter
Victoria Falls Stock Exchange struggles to win over foreigners
Zimbabwe's dollar-only stock exchange, established almost two years ago in the resort city of Victoria Falls, is struggling to win over foreign investors haunted by previous struggles to repatriate ha...Published: 10 Mar 2022 at 17:35hrs | 1 | by Staff reporter
Parly clarifies Command Agriculture figures
Parliament's Public Accounts Committee (PAC) has said the Government extended about $1,1 billion to private sector participants in the Command Agriculture Programme instead of the falsely touted US$3,...Published: 10 Mar 2022 at 05:52hrs | 1 | by Staff reporter
Mnangagwa in Victoria Falls for Caledonia VFEX listing
PRESIDENT Mnangagwa will be in Victoria Falls today to officiate at an event to mark the official listing of Caledonia Mining Corporation on the Victoria Falls Stock Exchange (VFEX).The foreig...Published: 02 Dec 2021 at 05:32hrs | 8 | by Staff reporter
ZCTU vaccines case hit snag
The High Court has struck off the roll with costs an urgent application by the Zimbabwe Congress of Trade Unions (ZCTU), seeking to prohibit employers including Government from compelling unvaccinated...Published: 14 Sep 2021 at 19:20hrs | 6 | by Staff reporter
Mnangagwa toasts for agric modernisation
President Emmerson Mnangagwa has challenged local companies to play their part in the modernisation of the agricultural sector.Speaking during the commissioning of a multi-million-dollar SeedC...Published: 10 Sep 2021 at 07:27hrs | 3 | by KK Zvauta
Employers adopt no jab, no entry policy
TAKING a cue from government, several companies in Zimbabwe are making proof of vaccination a prerequisite for employees to enter their premises in a bid to curb the spread of the novel virus....Published: 18 Aug 2021 at 06:53hrs | | by Staff reporter
SeedCo donates 2 500 COVID-19 doses to govt
SEEDCO has donated 2 500 Sinopharm doses to government for vaccination of Agritex staff against COVID-19.The seed company has also partnered with Cimas Medical Aid Society to pool resources fo...Published: 04 Aug 2021 at 06:28hrs | | by Staff reporter
Zida boss raises red flag
ZIMBABWE Investment and Development Agency (Zida) CEO Douglas Munatsi says he is worried about government's failure to protect investors.Investor protection has been a thorny issue in Zimbabwe...Published: 01 Aug 2021 at 06:49hrs | 1 | by Staff reporter
VFEX in dramatic rebound
THE Victoria Falls Stock Exchange (VFEX) has dramatically emerged to capture some of Zimbabwe's biggest firms, with multinationals making bold moves to step into the waterfall in the past week....Published: 11 Jul 2021 at 10:42hrs | | by Staff reporter
Mthuli Ncube pushes walls to save Victoria Falls Stock Exchange
FINANCE minister Mthuli Ncube this week pumped up fresh incentives to attract companies to list on the United States dollar-denominated Victoria Falls Stock Exchange (VFEX), which has entered it...Published: 14 May 2021 at 08:41hrs | 1 | by Staff Reporter
Tremors shake Old Mutual SA after ZSE clampdown
JOHANNESBURG Securities Exchange (JSE) listed financial services powerhouse Old Mutual Limited (OML) says crucial negotiations were underway to strike a deal with Harare following the suspension of it...Published: 28 Mar 2021 at 06:58hrs | 8 | by Staff reporter
Govt extends suspension of fungibility of Old Mutual and PPC shares
Finance and Economic Development Minister Professor Mthuli Ncube, has extended the suspension of financial services giant Old Mutual and cement maker PPC's fungibility by another 12 months. In...Published: 16 Mar 2021 at 06:20hrs | | by Staff reporter
SeedCo deal gets seal of approval
VICTORIA Falls Stock Exchange (VFEX) -listed seed breeder, SeedCo International Limited (SCIL) on Friday said its offer to swallow up its parent company, SeedCo Limited (SCL) had received overwhelming...Published: 08 Mar 2021 at 05:40hrs | 3 | by Tapiwa Gomo
Faultlines exposed in Seed Co deal
RESEARCHERS at advisory firm Imara dug deep into the hyped Seed Co empire merger before the transaction sailed through early this month and their verdict could stun a market that had long accepted the...Published: 15 Feb 2021 at 07:55hrs | | by Staff reporter
Zimbabwe's cartels that are not the real cartels
I just read the report by Daily Maverick, that is purporting to expose cartels in Zimbabwe. The problem with the report is it does not include the obvious and leading cartels in Zimbabwe, such as Old ...Published: 11 Feb 2021 at 09:38hrs | 2 | by Simbarashe Mwandipendaa
Proudly made in Zimbabwe
The advent of globalization has demonstrated that each country has expertise in a certain trade and there are commodities that resonate with certain countries more than others. It is often argued that...Published: 02 Feb 2021 at 00:25hrs | 1 | by Victor Bhoroma
ZSE eyes more listings on VFEX
THE Zimbabwe Stock Exchange (ZSE) says its newly-launched Victoria Falls Stock Exchange (VFEX) has generated interest from both local and foreign companies and it is working at securing more listings ...Published: 16 Dec 2020 at 07:07hrs | | by Staff reporter
VFEX gets off the mark as Seed Co Int registers its first trade
The Victoria Falls Stock Exchange registered its first trade this morning, two weeks after its launch. Its sole listed stock Seed Co International, which was yesterday granted full fungibility status,...Published: 06 Nov 2020 at 20:06hrs | 6 | by Staff reporter
Govt restores Seed Co International fungibility
Government has restored full fungibility of Seed Co International shares following the relisting of the company on the Victoria Falls Stock Exchange. It is also part of efforts by the Finance Minister...Published: 06 Nov 2020 at 07:10hrs | 1 | by Staff reporter
SeedCo International delists from ZSE, debuts on VFEX
LEADING seed producer and distributor, SeedCo International Limited, will delist from the Zimbabwe Stock Exchange (ZSE) with effect from today and shift focus to the foreign currency denominated Victo...Published: 23 Oct 2020 at 08:27hrs | | by Staff reporter
Zimbabwe's dangerous drift puts Mnangagwa under spotlight
ZIMBABWE is quiet for now after President Emmerson Mnangagwa clamped heavily on dissent while figures who have led calls for protests have been locked up in jail, with investigative journalist Hopewel...Published: 04 Sep 2020 at 06:15hrs | | by Alfonce Mbizwo
RBZ tightens EcoCash squeeze
The Reserve Bank of Zimbabwe (RBZ) has directed Econet Wireless that EcoCash individual subscribers will, with immediate effect, be allowed to transact a maximum of Z$5,000 daily.Individuals a...Published: 26 Aug 2020 at 20:35hrs | 6 | by Staff reporter
Dual Listing: Fungible securities explained
Many investors are always on the lookout for new ways to make a profit, and fungible instruments allow just such a thing through the action of arbitrage. In other words, fungible securities al...Published: 01 Jul 2019 at 07:31hrs | 1 | by Staff reporter
Rising demand pushes the ZSE
The Zimbabwe Stock Exchange (ZSE) climbed significantly during the week ended June 14 2019, on rising demand across the board. The market recorded gains for the 12th week in a row. All equity gauges t...Published: 16 Jun 2019 at 09:43hrs | 15 | by Fungai Nyaungwa
CIO summon Zimbabwe Rugby Union officials
Members of the dreaded Central Intelligence Organisation have summoned Zimbabwe Rugby Union officials for interrogation according to reports coming from Norton Member of Parliament Temba Mliswa. ...Published: 26 Apr 2019 at 11:27hrs | | by Mandla Ndlovu
Mnangagwa jets in for ZITF
ALL is set for the official opening of the Zimbabwe International Trade Fair (ZITF) today with President Emmerson Mnangagwa and his Ugandan counterpart, Yoweri Museveni, expected to arrive in Bu...Published: 26 Apr 2019 at 07:01hrs | | by Staff reporter
Army speaks on gold wars
THE Zimbabwe National Army (ZNA) has appealed to traditional leaders to join hands with authorities to fight escalating gold wars that have claimed a number of lives in Esigodini. Residents ha...Published: 26 Oct 2018 at 06:44hrs | | by Staff reporter
ZSE ignores 'Mthuliphoria'
The Zimbabwe Stock Exchange (ZSE) slipped into the red unperturbed by the excitement showing across markets on the appointment of new treasury chief, Mthuli Ncube, it has emerged.Slipping into...Published: 15 Sep 2018 at 21:48hrs | | by Staff reporter
'Zimbabwe geared to become net exporter'
VICE President Constantino Chiwenga has promised a massive increase in agricultural production, with Zimbabwe geared to become a net exporter of produce in the whole of Africa. In an interview...Published: 01 Sep 2018 at 08:53hrs | 1 | by Staff reporter
No more in-house political problems in Zanu PF, says Shiri
This year's Command Agriculture programme is poised to be successful since there are no in-house political problems in Zanu PF, Agriculture and Mechanisation minister has said. Minister Perran...Published: 20 Mar 2018 at 14:58hrs | | by Byo24News Reporter
Fresh row over command agriculture
A ROW has erupted between parliament and Sakunda Holdings over a probe into the murky financing of government's command agriculture programme with the fuel supply firm attempting to block the inquiry ...Published: 23 Feb 2018 at 11:24hrs | | by Staff reporter
Foreign currency shortages to persist
Foreign currency shortages are expected to persist throughout this year despite promising economic turnaround following the inauguration of Emmerson Mnangagwa as Zimbabwe's President late last year....Published: 15 Jan 2018 at 16:12hrs | | by Staff reporter
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