Pride Mzarabani
HARARE – Global Commodity prices are set to fall sharply this year by about 12 percent overall, as weakening global economic growth weighs on demand. Next year 2026, commodity prices are projected to decline by another 5 percent,...
HARARE - FBC Holdings chief executive John Mushayavanhu has been announced as the next Reserve Bank of Zimbabwe governor. He will take over from John Panonetsa Mangudya when his 10-year term of office ends on April 30, 2024.
Mangudya will...
Itai Ndongwe
President Emmerson Mnangagwa's mantra of leaving no one and no place behind is bearing fruit, as the Postal and Telecommunications Regulatory Authority of Zimbabwe (POTRAZ) and its partner, the Ministry of ICT Postal And Courier Services, are establishing...
Sydney Kawadza
Calls for expansion of the Debt Service Suspension Initiative continue to grow louder with several heads of state and government, the United Nations and heads of multilateral development finance institutions adding their voice to the plea.
This follows a...
Government has availed USD400 000 to the Deposit Protection Corporation
{DPC} through Kuvimba Mining House for the compensation of small depositors for the loss of value incurred following the movement of the exchange rate from USD1: RTGS1.
Finance and Economic Development...
MUTARE - Timber production racked in up to US$37.5 million from both local and export sales in 2020.
Statistics gathered from the Timbers Producers Federation (TPF) indicated that a total of ZWL$1.1 billion (US$13.4m) was generated through local sales while...
Itai Ndongwe
HARARE – The Zimbabwe Investment Development Agency (ZIDA) reported a significant 60% decrease in total investment value in the fourth quarter of 2024 at US$4.6 billion from US$11.5 billion reported in Q4 2023. This decline is attributed to...
HARARE: The foreign currency retention policy for exporters that has been subject to criticism for years is likely to spell further doom for local exporters with global trade expected to slow down this year due to the Omicron COVID-19...
Talkmore Gandiwa
The World Bank has approved a new Country Engagement Note (CEN) focused on supporting the country’s immediate development priorities for 2025 to 2026.
The World Bank CEN initiative is anchored in a continued commitment to support the country, along...
By Talkmore Gandiwa
The Tobacco Industry and Marketing Board (TIMB) has licensed Cavendish Lloyd Tobacco to contract and support shisha tobacco production in Zimbabwe. Shisha is a type of combustible tobacco that has low nicotine content differentiating it from the...
