Economy

BULAWAYO – The Minister of Finance and Economic Development, Professor Mthuli Ncube, says close to $300 million has been disbursed to entrepreneurs under the National Venture Capital Fund (NVCF). The disbursements mark the operationalisation of the fund, which is responsible...

Itai Ndongwe The Zimbabwe Energy Regulatory Authority (ZERA) has announced new prices for liquefied petroleum gas (LPG) for November 2021. According to the Petroleum (Liquid Petroleum Gas Pricing) Regulations 90 of 2021, the price of gas increased by 9.6% to USD,05per...

David Whitehouse Zimbabwe’s inflation slowdown in February may reflect the impact of COVID-19 restrictions imposed in January rather than a genuine downward trend. But prospects of a good harvest and improving confidence from business leaders points to relief down the road. The...

HARARE - Zimbabwe has recorded a 3% increase in gold earnings in the four months to April at US$297.46 mln from US$289.52 mln recorded in the same year ago period. Latest figures show that April earnings increased 53% to US$97.06mln...

The Institute of Chartered Secretaries and Administrators in Zimbabwe (ICSAZ) has re-elected as its president Taona Munzvandi, who is managing director of Daxilon Security and former chief executive of the Grain Marketing Board Pension Fund. Competition and Tariff Commission head...

Itai Ndongwe The government has set the pre-planting producer prices for strategic commodities for the summer season of 2022/ 2023 in US dollars with maize set at US$335 per tonne in a new pricing model, which it says is consistent...

Sydney Kawadza Zimbabwe risks remaining a closed economy to Africa despite benefits promised under the African Continental Free Trade Area amid reports that tariff orders identifying 90 percent of the tariff lines to be liberalized are yet to be submitted...

HARARE – Standard Chartered chief executive Ralph Watungwa is the new Bankers Association of Zimbabwe president. أنطوان غريزمان He takes over from FBC Bank managing director Webster Rusere, who completed his tenure at the annual general meeting, which was...

Farai Mabeza Government will set up a national productivity institute under the just launched five-year national development strategy as one of its key strategies for the productive sectors in order to spread what it termed productivity consciousness. According to the NDS...