Business

The High Court in Bulawayo has ruled that Merlin (Private) Limited, which is under judicial management, is a fictitious and non-existent company and does not in any way affect the status of Merspin Limited.

Karo Resources is finalising the resource exploration and quantification programme at its mining site for the $4,2 billion platinum investment as per promise to President Mnangagwa when the mining concern met him early last month.

Old Mutual has set prices for its $21,4 million Small to Medium Enterprise complex, which is expected to be commissioned this December in an effort to help emerging businesses formalise into organised and profitable ventures.

Zimbabwe’s largest seed producer, Seed Co Limited is investing US$10 million towards development of seed-drying facilities to expedite delivery of seed to the market and reduce losses.

The High Court in Mutare will today hear a case in which Chisumbanje villagers have dragged Green Fuel to court over about 500 hectares of cotton and maize fields the ethanol producer has allegedly arbitrarily annexed for its sugarcane fields expansion.