Farai Mabeza
HARARE – Zimbabwe expects that 30 percent of all tobacco sales will be done outside Harare after Government gazetted a statutory instrument authorising the setting up of decentralised tobacco auction sites in the wake of the COVID-19 pandemic,...
Grain Millers Association of Zimbabwe (GMAZ) has said the prices of bread and maize meal have gone up due to higher grain and oil prices currently obtaining on global markets due to the Russia-Ukraine Conflict.
GMAZ chairman Tafadzwa Musarara said...
HARARE – Fuel prices have increased by between 3-4% mainly affected by two main factors – international petroleum costs and the movement on the Zimbabwe dollar/US dollar exchange rate.
According to the new schedule from the Zimbabwe Energy Regulatory Authority,...
HARARE - The government has launched the US$30 million Horticulture Export Revolving Fund to spur agricultural growth and increase the value of agricultural output through value addition and beneficiation.
The funds are part of the US$961 million International Monetary Fund's...
Davison Kaiyo
Zimbabwe’s economy is poised for growth despite the negative effects of the ravaging COVID19 pandemic and according to the World Bank’s flagship report the Global Economic Prospects 2021 report published yesterday, the country’s economy is expected to experience...
Chris Mahove
The Financial Intelligence Unit has directed banks to close accounts of debit card holders who use them to engage in illegal foreign currency deals by transacting on behalf of third parties in exchange for foreign currency.
In a...
Tapiwanashe Mangwiro
HARARE – In the just started 2021/30-decade, fossil fuels (coal, oil, gas) will continue to lose global market share as the world energy supply and demand transition to low carbon renewable energy (wind, solar, geothermal, nuclear etc).
Global energy...
Sydney Kawadza
The Africa Investment Forum’s 2021 Market Days have been slated for December 1-3 in Abidjan, Côte d’Ivoire this year with the annual business gathering showcasing transformative investment opportunities across the African continent.
In a statement, the African Development Bank...
Xolisani Ncube/Almot Maqolo
At least 650 white former commercial farmers have received payment of about $50 000 as compensation from government, the Commercial Farmers Union has revealed.
The money translates to approximately US$2 000 using the parallel make rate of 1:25.
However,...
Tapiwanashe Mangwiro
HARARE - The ministry of Finance gazetted a new statutory instrument, which deals with fund administrators, principal officers, registration fees as well as financial results of pension funds.
For a person to be a fund administrator according to SI...
