Dairibord has more appetite for new products after Ginger Pfuko launch: CEO
Itai Ndongwe
HARARE (FinX) – Dairibord Zimbabwe is capitalising on the growing trend of consumers seeking natural and nutritious food and beverage options by increasing production and distribution to make Ginger Pfuko available throughout the...
Zimra limits consumer spend in wholesalers to US$1000 in new measures
Ryan Chigoche
HARARE (FinX) - The Zimbabwe Revenue Authority has limited spending by consumers in wholesalers to US$1000 per 30 days as part of its measures to protect value chain integrity and unfair competition by...
Zim braces for worse power outages as ZRA lowers Kariba water allocation
Itai Ndongwe
Zimbabwe is bracing for a repetition of the devastating power disruptions caused by the 2015-2016 El Niño event, a cyclical climate phenomena associated with greater Pacific Ocean temperatures and clouds over southern Africa.
With...
Mushayavanhu announced as next RBZ governor
HARARE - FBC Holdings chief executive John Mushayavanhu has been announced as the next Reserve Bank of Zimbabwe governor. He will take over from John Panonetsa Mangudya when his 10-year term of office ends...
Puma to invest US$30m for retail expansion
Itai Ndongwe
Puma Energy Zimbabwe has set aside US$30 million to invest in the Zimbabwean market over the next three years, with the funds going towards expanding its retail fuel network and storage facilities.
Puma Energy...
RBZ maintains key rate at 130%, calls for more ZWL taxes
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...
Zimbabwe directs lithium miners to produce carbonates
HARARE - The government has taken a significant step to boost the value of lithium exports by requiring lithium companies to create lithium carbonates rather than less valuable lithium concentrates, as part of its...
Budget to be presented in ZWL: FinMin
Ryan Chigoche
HARARE - Despite being instructed by the International Monetary Fund (IMF) to implement a US dollar (USD) budget in order to control inflation, the government has said that the 2024 budget, which will...
ISO 31000 TO REDUCE RISK MANAGEMENT
Benhilda Magomo
Harare- The Ministry of Finance, Economic Development, and Investment Promotion has adopted a risk management framework policy and guidelines that enhance accountability and transparency.
ISO 31000:2018 Risk Management Guidelines says, Risk Management Framework helps...
‘Abuse of office tops Zim Crimes” ZACC
Benhilda Magomo
Zimbabwe Anti-Corruption Commission (ZACC) declares criminal abuse of duty and fraud as the leading crimes.
According to the ZACC annual report, of the 684 reports received by the commission, 332(48, 50 %) were about...
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Premier African Minerals shares crash as offtake partner reworks deal
Staff Writer
Premier African Minerals shares were in freefall on Monday as the Zimbabwe-focused lithium miner issued a force majeure notice to China’s Canmax Technologies...
