Minister of Lands, Agriculture, Water, Climate and Rural Resettlement Dr Anxious Masuka has revealed that 500 farmers out of the 23 000 have received 99-year leases from the government.
He was responding to a question raised by Hon Allan Markham...
Sydney Kawadza
A group of executive directors from the African Development Bank visiting Zimbabwe have expressed concern over the rising poverty levels in urban areas.
According to the AfDB, the seven-member delegation of executive directors of the African Development Bank visited...
Sydney Kawadza
The European Union has extended its sanctions against Zimbabwe raising concern over the country’s multifaceted and prolonged crisis that it says has deepened further.
The recall of the EU council Conclusions of February 17 last year includes an arms...
HARARE (FinX) – President Mnangagwa has further relaxed the coronavirus-induced national lockdown as he sought to re-activate what he termed ‘freedoms promised’ at the outset of the ‘new dispensation.’
In an address, which contained reminders of perhaps the difficult task,...
HARARE – (FinX) Finance and Economic Development Minister Mthuli Ncube has unveiled a $63.6 billion expenditure budget but with revenue of$ 58.6 billion, a deficit of around 1.5% of GDP is expected. In US dollars, the expenditure is at...
HARARE - Domestic electricity tariffs on pre-paid systems have increased by 30% under a stepped structure.
According to the Zimbabwe Electricity Transmission & Distribution Company, the lowest consumption band (0 to 50kwh) will be priced at $2.25/kwh while the most...
Davison Kaiyo
HARARE - The government has expanded services that can be paid using foreign currency to include insurance premiums and pensions.
This was contained in Statutory Instrument (SI) 280 of 2020 titled Exchange Control (Exclusive Use of Zimbabwe Dollar...
HARARE - For ease of administration, the Reserve Bank of Zimbabwe has announced that all commissions and royalties that are due and deductible at the point of receipt of export proceeds will now be paid to the Zimbabwe Revenue...
Farai Mabeza
Lake Kariba recorded its second lowest levels on record in the first quarter of the year due to the delayed onset of rains while water allocation for power generation will not be increased despite increased levels to...
Tapiwanashe Mangwiro
HARARE- 2020 economic forecasts were mostly upbeat. Everyone raised the prospect of synchronised growth acceleration after the US-China truce, which temporarily halted the trade war between the two belligerent nations.
The International Energy Agency predicted relative market stability, expecting...
