RBZ cuts key rate for the 2nd time to improve stimulus
HARARE (FinX) – The Reserve Bank of Zimbabwe lowered its key policy rate for the second time since the Covid-19 outbreak and the third...
Government to increase coronavirus testing
Munyaradzi Doma
Zimbabwe has resolved to increase its coronavirus testing and Cabinet has resolved to have joint testing teams to immediately conduct tests in all...
TIMB sees 15% drop in tobacco volume to 220m kgs; 30% sales decentralised
Farai Mabeza
HARARE – Zimbabwe expects that 30 percent of all tobacco sales will be done outside Harare after Government gazetted a statutory instrument authorising...
Covid-19: amendment to IFRS 16 Leases
Pat Sweet
(Accountancy Daily) – The International Accounting Standards Board (IASB) has announced a snap two-week consultation on proposals to amend IFRS 16 Leases to...
Gospel outfit releases Covid-19 song
Munyaradzi Doma
Gospel outfit, Echoes of Praise has released a Covid-19 song whose message is on making people aware of the measures to take so...
Sakunda Holdings in major donation as nation steps up Covid-19 fight
HARARE - Sakunda Holdings has donated US$2.6 million equipment and the Arundel Hospital to Government for use in the fight against COVID-19. This comes as the number...
RBZ clamps five more bureau de change on illicit deals
HARARE – The Reserve Bank of Zimbabwe (RBZ) has provided an update on the two bureau de change that were suspended from operations earlier...
Zim national herd declines by 5% due to drought and disease
Farai Mabeza
The national cattle herd decreased by 4.7 % from 5 774 525 in 2018 to 5 489 364 in 2019, according to the...
Unki platinum production up 13% in Q1
Staff Writer
HARARE - Platinum production at Shurugwi based mine, Unki increased by 13 percent to 21 800 ounces in the first quarter of 2020...
Govt, private sector agree price freeze on basic goods
Farai Mabeza
Government has announced a price moratorium on basic goods after prices skyrocketed following the start of the COVID-19 lockdown at the beginning of...
