Tawanda Marwizi
Farmers who deliver their maize and other traditional grains will now enjoy the 30 percent incentive after the Grain Marketing Board directed all its depots to start paying the money.
Cabinet recently approved the 30 percent incentive on the...
Harare – Zimbabwe plans to put 350 000 ha under irrigation in the next three seasons as part of the Accelerated Irrigation Rehabilitation and Development Plan.
This was revealed by the Minister of Lands, Agriculture, Fisheries, Water and Rural Resettlement,...
Joseph Mverecha
Introduction
Our times are uniquely difficult and have been for a while, with limited respite. The economy is dollarizing rapidly while the local currency is careering listlessly towards the edge of the universe – as happened in 2008. Ahead...
Farai Mabeza
Zimbabwe is battling to salvage its economy on its own in the wake of the COVID-19 pandemic after being excluded from the emergency financial assistance extended to other countries by the International Monetary Fund, Reserve Bank of Zimbabwe...
HARARE – A slowdown in economic activity in April due to the coronavirus-induced national lockdown, saw the country’s trade deficit narrow by a significant 82.87% to $24.2 mln. According to the latest statistics from Zimstat, cumulatively the trade deficit...
The struggle for which liberation? Money and the end of settler political rule in Rhodesia, 1975-1979
Tinashe Nyamunda
In the previous article, I examined the ways in which the Rhodesian economy...
Tapiwanashe Mangwiro
HARARE – Government’s expenditure for 11 months ending November 2019 exceeded actual budget of Z$15.1 billion by 21% against Treasury’s Transitional Stabilization Programme objectives.
Expenditure shot to Z$18.3 billion although the government’s economic blueprint sought to reduce spending to...
HARARE - There was another record allotment on the Reserve Bank of Zimbabwe's auction system on Tuesday but the local currency continued to crawl within the 84 band. The local currency depreciated by 0.0418% against the US dollar from...
By Takudzwa Musakasa
The Confederation of Retailers in Zimbabwe {CRZ} has warned the continued arrest of retailers on charges of abusing the foreign exchange system could lead to product shortages on the market and create a black market for basic...
Staff Writer
Tobacco prices during the 2021 marketing season firmed by 12 percent compared to last year with at least 200 tonnes being sold this year.
This was revealed by Information, Publicity and Broadcasting Services Minister Monica Mutsvangwa during a post-Cabinet...
