Farai Mabeza
Tobacco farmers will get fifty percent of their proceeds in foreign currency, the Reserve Bank of Zimbabwe (RBZ) and the Tobacco Industry Marketing Board (TIMB) announced.
In a statement the two organisations said the money would be paid into foreign...
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...
Pride Mzarabani
HARARE - The Reserve Bank of Zimbabwe has issued Exchange Control Circular No. 3 of 2024 which seeks to tighten controls on foreign exchange transactions.
The key provision of the circular is aimed at preventing the duplication of invoices...
Philis Chivheya
President Emmerson Mnangagwa special envoy to the Americas and Europe Uebert Angel has been thrown under the bus and could have his diplomatic appointment withdrawn for name dropping and associating himself with shady dealers.
Angel who is Mnangagwa’s Ambassador...
Davison Kaiyo
The Zimbabwe Statistics Agency (ZimStat) has changed the dates for publication of the Consumer Price Index following the completion of the computerisation of the agency.
ZimStat announced in a statement Friday the information will now be available in the...
Farai Mabeza
KARIBA Dam needs three years to reach its maximum retention levels at current average annual inflows of 40 billion cubic meters, Zambezi River Authority chief executive Engineer Munyaradzi Munodawafa has said.
Addressing the media in Lusaka Friday morning, Munodawafa...
Itai Ndongwe
Small to Medium Enterprises {SME’s} have a potential to grow the country’s economy and help the country achieve the upper middle class economy by 2030.
This was said by the Director of the International SME’s Expo Director, Delight Makotose...
Davison Kaiyo
The current economic upheaval that is currently prevailing in the local market will have minimal impact on the growth projections of the mining sector.
This was said by the Chamber of Mines CEO Isaac Kwesu in a briefing to...
Talkmore Gandiwa
The Small to Medium Enterprises sector is now the bedrock of the country’s economy, contributing 60% of the total Gross Domestic Product and an estimated 76% of total employment, a senior government official has said.
Addressing entrepreneurs at the...
Staff Writer
A team from the International Monetary Fund is expected in Zimbabwe later this month to conduct the annual Article IV Consultation mission. The team will also be looking at the new currency arrangement, the ZIG.
IMF Communications Director Julie...
