HARARE - The Reserve Bank of Zimbabwe has maintained its key bank policy rate at 130% as it continues to stay the course of tight monetary policy.
The Medium-term Bank Accommodation Policy was also maintained at 75% and will be...
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...
Farai Mabeza
Finance and Economic Development Minister, Mthuli Ncube, has predicted a drastic fall in annual inflation in 2021 and proposed new taxes for the informal sector among other highlights in his 2021 budget...
Sydney Kawadza
Exports from Harare to Dubai went up significantly, with more than 2 000 tonnes of cargo having been moved between the two cities in the past year through the Emirates Airlines’ SkyCargo.
According to the airline, latest figures show...
Itai Ndongwe
HARARE - Zimbabwe's Postal and Telecommunications Regulatory Authority commissioned a US$19 million telecommunication traffic monitoring and revenue assurance system (TTMS) Monday, which will effectively monitor telecommunication traffic and provide accurate real-time data collection.
The TTMS has elements that will...
HARARE – The latest foreign currency auction managed to see the highest allotment ever and increased bids particularly from the SMEs auction. The Zimbabwe dollar depreciated 0.203% to 85.2455 from last week's 85.0724 while the parallel market selling rates...
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...
Sydney Kawadza
Africa’s economies are growing strongly, but growth alone cannot meet the needs of the continent’s poorest citizens, because “nobody eats GDP,” the African Development Bank’s President, Akinwumi Adesina, has said.
Adesina made the remarks while unveiling the Bank’s flagship...
Staff Writer
Funds availed for government’s Command Agriculture were accounted for and everything done was above board, Sakunda Holdings officials have declared explaining that they only received a third of the US$3 billion figure that's widely quoted in public .
In...
Munyaradzi Doma
The Government has approved a cash transfer programme which will benefit all those affected by the 21-day national lockdown, which was ordered by President Emmerson Mnangagwa to contain the spread of the deadly Covid-19.
The cash transfer programme which...
