ONE of Zimbabwe’s largest beverage makers, Schweppes Zimbabwe, says the newly introduced tax on sugar content in drinks, will weigh heavily on demand, profitability and industry competitiveness even after the major climb down by authorities, which saw the tax twice reviewed since being first announced. Schweppes Zimbabwe Limited is a manufacturer and distributor of non-carbonated…
The Cotton Company of Zimbabwe has applied to the High Court to be placed under provisional judicial management, the company said on Thursday, with its application suggesting it was technically insolvent. Cottco has a debt of $56 million which attracted an interest bill of $16.8 million in the full year to 31 March 2013 and
Food and Agriculture Organization of the United Nations (FAO) and AFC Land and Development Bank of Zimbabwe launch new loan management and e-voucher system
The AFC Land and Development Bank of Zimbabwe Limited (AFC Land Bank) in partnership with the Food and Agriculture Organization of the United Nations (FAO) and the Government of Zimbabwe rolled out a new loan management and e-voucher system to support agriculture in the country. The system was developed through funding from the African Development…