Victor Oladokun
For weeks, investors and the business community have been rattled by massive disruptions to global supply chains, as factories shut down in China.
Everyone from BMW and Mercedes to Apple are feeling the squeeze on account of the coronavirus.
But...
Staff Writer
Government is designing a new fuel pricing structure to prevent artificial shortages and is restructuring the oil industry to improve its operational efficiency, a Cabinet Minister has said.
The Minister of Energy and Power Development Fortune Chasi said he...
HARARE - (Finx) - Packaging manufacturer, Nampak Zimbabwe says settlement of electricity bills in foreign currency is milking the industry as it does not match the exporting levels.
Last month, Zimbabwe officially gazetted a directive which requires exporting companies to...
Rutendo Maraire
President Emmerson Mnangagwa has withdrawn a public law that prohibited the publication of how and who would be supplying medical equipment on alleged national interests.
On Friday, the office of the president and cabinet published General Notice 635 of...
HARARE - The country's raw milk production rose to its highest in recent times in August supported by improved milk supply development programmes and favourable weather and ensured that the sector maintains monthly gains for the fourth consecutive month.
According...
HARARE – Government has warned Banks against implementing arbitrary charges and liquidating civil servants’ bonuses saying the payments are to be made in foreign currency without deductions.
In a statement dated 3 December 2021, the Minister of Finance and Economic...
Milk production Figures Jan-June 2022
Farai Mabeza
The Zimbabwe Electricity Transmission and Distribution Company (ZETDC) has increased electricity tariffs by 19.02 percent with effect from March 1, 2020.
In a statement, ZETDC acting managing director Engineer Ralph Katsande said from now on it would be reviewing...
HARARE – The government has reviewed upwards the subsidized price for a roller meal bag by 40% against the prevailing market price of the product with immediate effect.
Previously, the roller meal subsidy was pegged at ZWL$50 per 10kg bag...
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...
