HARARE – Government will during the course of the year drip feed into the economy bigger denominations in order to enable ease of transactions.
Finance and Economic Development Minister Mthuli Ncube told Bloomberg on the sidelines of the World Economic...
Davison Kaiyo
HARARE – Government has deleted Section 36 of the Finance (No 2) Act of 2020 which it says had caused some misconception to some investors and stakeholders in the mining sector.
In a joint statement the Ministries of Finance,...
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...
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...
Davison Kaiyo
HARARE – In order to attract investments into the pharmaceutical industry, a new strategy document is proposing tax incentives into the sector.
According to the Pharmaceutical Manufacturing Strategy in Zimbabwe: 2021-2025 which was approved in Cabinet yesterday, competitiveness of...
Grain Millers Association of Zimbabwe (GMAZ) has said the prices of bread and maize meal have gone up due to higher grain and oil prices currently obtaining on global markets due to the Russia-Ukraine Conflict.
GMAZ chairman Tafadzwa Musarara said...
Sydney Kawadza
President Mnangagwa has reiterated that Zimbabwe’s land reform programme, estimated to have benefited 300 000 Zimbabweans, was irreversible, a direct reaction to queries raised by a recent government announcement that former local...
Former Finance Minister in the Government of National Unity (GNU) and Vice President of Citizens Coalition for Change (CCC) Harare East legislator, Hon Tendai Biti says the Zimbabwe dollar-indexed 2023 national budget announced by Finance Minister Mthuli Ncube is...
Davison Kaiyo
HARARE – Government remains positive that its Vision 2030 will be met despite the ravaging impact of the COVID-19 pandemic that has seen Zimbabwe go through lockdowns and reduced the number of productive hours.
In a State of the...
Staff Writer
The African Development Bank has committed $530 million to finance the construction of a 343 km, 400 kV central-south transmission line that will connect the north and south transmission grids in Angola and allow for the distribution of...
