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...
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 (FinX)— In a sweeping regulatory overhaul aimed at securing resource nationalism, improving environmental compliance, and capitalizing on the global energy transition, the Government of Zimbabwe has announced aggressive new policy measures reshaping its mining sector. In two separate...
HARARE - Zimbabwe intends to build a second fuel pipeline in partnership with three other Southern African countries in a US$1, 5 billion arrangement, which will be funded by the Russian Government.
The deal puts a lid on the much talked about...
HARARE - Zimbabwe’s tourism export receipts grew 14% to US$251 million in the first quarter of 2026, up from US$221 million in the same period last year, driven by higher international and domestic spending, official data shows.
The rise in...
Farai Mabeza
Government has announced a price moratorium on basic goods after prices skyrocketed following the start of the COVID-19 lockdown at the beginning of April.
The moratorium was announced by Vice President Kembo Mohadi who blamed the increases on speculative...
Harare - The Confederation of Zimbabwe Retailers (CZR) has written to the government appealing for the swift implementation of the zero-rating of Value Added Tax (VAT) on essential goods, as approved by Cabinet.
The letter is a follow-up to a...
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...
Zimbabwe is expecting to receive a 50-seater plane by end of March 2023. This was revealed Minister of Transport and Infrastructural Development who was responding to a question by Hon Nyarai Tsuura over the government policy on increasing the...
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...
