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Staff Writer HARARE -   The Reserve Bank of Zimbabwe (RBZ) has deferred by up to a week the opening of the first foreign exchange auction  for 2022 to the 18th of January citing COVID-19 impact on submission of essential information to...
Reason Razao The Ministry of Finance and Economic development has scaled up the fight against money laundering, terrorism and proliferation financing through the acquisition of computer equipment and associated software in efforts, which will assist the Zimbabwe Republic Police (ZRP)...
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...
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...
Farai Mabeza Tobacco deliveries are slower than expected because farmers are not happy with the fixed exchange rate of 1:25 under which they are required to surrender 50 percent of their foreign currency earnings, it has emerged. Tobacco Industry and Marketing...
Rhys Balicholo HARARE – The high levels of debt in African countries are slowing down the development of the economy where seven countries, Zimbabwe included, have a debt to GDP ratio which is above 100. In fact, the continent’s combined debt-to-GDP ratio...
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...
Plans are underway to establish a regional Agricultural Commodity Exchange Centre as part of the implementation of the 2021-2031 strategy for the Alliance for Commodity Trade in East and Southern Africa (ACTESA). The centre shall link small-scale farmers to national,...
The Zimbabwe Investment Development Agency has announced Tafadzwa Chinamo as its new chief executive officer, effective November 1, 2022. Chinamo, who was previously CEO of the Securities and Exchange Commission of Zimbabwe until January this year, takes over the position...
Davison Kaiyo The Zimbabwe Statistics Agency (ZimStat) has changed the dates for publication of the Consumer Price Index following the completion of the computerisation of the agency. ZimStat announced in a statement Friday the information will now be available in the...

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