Tadiwa Musiyiwa and Talkmore T Gandiwa
HARARE – CABINET has approved the Greater Chinhoyi Copper Development Programme which entails six copper initiatives which will aid towards achieving a US$12 billion mining industry.
During a Post-Cabinet media briefing, Information, Publicity and Broadcasting...
Maxwell Chingaira
The National Social Security Authority (NSSA) board, in consultation with Ministry of Public Service, Labour and Social Welfare, Paul Mavima, has awarded pensioners a once off discretionary bonus equivalent to a month’s pension to cushion NSSA pensioners from...
Benhilda Magomo
Harare- Zimbabwe's continued unsustainable debt surpasses the national income by 99.6% which is unfit for developing countries like Zimbabwe, Economist data has reviewed.
In a Public Expenditure Workshop, Zimbabwe Coalition on Debt and Development (ZIMCODD) Economist Zvikomborero Sibanda said...
Highlights
Total money supply in the economy as at December 2019 stood at $34.5 billion. Of that $22 billion (64%) is in local currency and $12.5 billion or US$785 million in in foreign currency.
Cash in circulation at $1.1 billion as...
HARARE (FinX) - In a landmark move aimed at revitalising the agricultural sector, the Zimbabwean government has announced significant reforms to enhance security of tenure for beneficiaries of the Land Reform Programme. This initiative, spearheaded by a Cabinet Oversight...
HARARE - There was another record allotment on the Reserve Bank of Zimbabwe's auction system on Tuesday but the local currency continued to crawl within the 84 band. The local currency depreciated by 0.0418% against the US dollar from...
HARARE – The Zimbabwe Energy Regulatory Authority has hiked the price of fuel, although it remains below US$1, after admitting that pricing could not follow the parallel market rates as it would heighten inflationary pressures.
In a notice, ZERA increased...
Staff Writers
The Zimbabwe Energy Regulatory Authority (ZERA) last night announced the reduction of fuel prices for both diesel and blend as of January 1, 2022, although the prices in local currency remained below USD $1 against the parallel market...
Zimbabwe’s diamond industry has been thriving in the past three years.
Although the country’s diamond, gold and mineral revenues are wide, Zimbabwe expanded its diamond production from 2.8 million carats in 2018 to 4.1 million carats in 2019. The growth...
By Takudzwa Musakasa
In an effort to transform the economic fortunes of the Mtshingwe community, mining giant, Mimosa Platinum Mine is assisting local farmers by providing the Mtshingwe Nursery project with hybrid vegetable and fruit seedlings.
One of the top greenhouses...
