HARARE - Zimbabwe has recorded a 3% increase in gold earnings in the four months to April at US$297.46 mln from US$289.52 mln recorded in the same year ago period.
Latest figures show that April earnings increased 53% to US$97.06mln...
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...
HARARE – Old Mutual is agreeable to a listing on a mooted foreign exchange board as part of a solution to deal with concerns raised by Government over the use of an exchange rate derived from the share price,...
The year-on-year inflation rate for the COMESA region dropped from 131. ivermectin topical dosage rosacea 1% in May 2021 to 129.8% in June mainly due to prices changes in 12 key areas of expenditure namely clothing and footwear, housing,...
Staff Writer
African countries continue to trade more with the outside world than among themselves, findings of an Economic Commission for Africa (ECA) assessment report on progress made on regional integration in the context of the COVID-19 pandemic have revealed.
The...
HARARE – The Reserve Bank of Zimbabwe has announced that it has completed the validation of foreign exchange applications submitted under the blocked funds framework.
The framework was announced in the monetary policy statement in February 2019. RBZ governor John...
Sydney Kawadza
The COVID-19 pandemic has left more than 30 million Africans unemployed with most government being forced to allocate more than 10 percent of their GDPs to fight the effects of climate change.
In a communique released after the end...
By Takudzwa Musakasa
The Confederation of Retailers in Zimbabwe {CRZ} has warned the continued arrest of retailers on charges of abusing the foreign exchange system could lead to product shortages on the market and create a black market for basic...
FARAI MABEZA
HARARE – Bread production capacity has dropped to below 50 percent over the last months due to erratic wheat and flour supplies.
This has raised fears that Zimbabweans could spend the upcoming festive season without bread, the president of...
HARARE - There has been some progress on the refurbishment of Hwange Thermal Power Station but the project is still behind targets with the latest update from the Zimbabwe Power Company showing that the works are 62.54% complete against a...
