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TRAVEL & FOOD

Lima plan depends on IMF team’s visit

AN International Monetary Fund (IMF) team is expected in the country next week for the third and final review of the Staff-Monitored Programme (SMP) upon which Zimbabwe’s arrears settlement plan proposed to multilateral financiers and fresh funding depends on. Fidelity Mhlanga The debt-ridden government mapped out a plan at the …

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Integration: Most visa-open countries are found in East and West Africa

Thinking of traversing Africa in search of trade and investment opportunities? You may need to consider what parts of the continent to focus on in terms of flexibility in travel and how visa-open the destination country is. According to the Africa Visa Openness Report 2016 published by the African Development …

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Bread production rebounds

Zimbabwe’s bread manufacturing industry capacity utilisation has increased to more than 60 percent on the back of massive capital injection by bakeries. The bread manufacturing industry is on a recovery path with figures from the National Bakers Association of Zimbabwe (NBAZ) showing that the industry’s capacity utilisation has increased from …

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Pork output up 6pct in 2015 – PIB

BULAWAYO, February 11 (The Source) – The number of slaughtered pigs increased by 6,5 percent in 2015 due to favourable producer prices that prevailed during the first half of the year, an industry official has said. Pig Industry Board director Andrew Shoniwa told The Source that prices and demand had since …

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Flour imports gobble US$48m

Zimbabwe’s bread manufacturing industry spent US$48 million on processed flour imports in the just ended year amid calls for government to unveil incentives towards an improvement in wheat production.   Statistics made available to the ZBC News at the bread value chain conference in the capital on Thursday show Zimbabwe …

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Fearful tourists seek safer global destinations

By Katia Dolmadjian THE world’s tourism map is being redrawn at lightning speed as holidaymakers switch preferences, prompted by terror attacks, epidemics and migrant crises. Jihadist attacks on tourists in Tunisia last year and the October 31 crash of a Russian plane that took off from its Egyptian Red Sea …

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Bakers Inn targets 55pc market share in 2016

HARARE – Innscor Africa’s bakery unit  – Bakers Inn –  is targeting to increase its market share to at least 55 percent this year. The bread producer’s market share rose to around 44 percent in July last year from 37 percent previously. Bakers’ Inn chief executive Mr Ngoni Mazango said he expects the company to make further …

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You are here: Home › Business › Zim’s battle of the skies Zim’s battle of the skies

Airlines have cut fares by about 40% on the Harare-Johannesburg route as competition intensifies, with analysts warning that a knee-jerk reaction by any carrier could come with disastrous consequences. NDAMU SANDU The route is now being serviced by five airlines — South African Airways, British Airways (through Comair), South African …

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