TelOne Crop Monitoring will allow farmers to subscribe to the service and map their field by inputting co-ordinates, the company says.

A household survey by Zimstat in January found that 76,56% of people’s spending is now in US$, with just 23,44% in Zimbabwe dollars.

Fossil bought the company from Holcim, as part of the French company’s global selloff. Fossil then announced a series of management changes and promised new capital.

Retailers just can’t compete with cheap imports and the unregulated informal market.

To make it work, Dangote entered talks through the Black Rhino Group, an infrastructure investment arm backed by US private equity giant Blackstone.