adminEDITORIAL COMMENT: Policy on foreign currency accounts must be supported
The measures that have been in place in recent years to encourage foreign currency inflows and exports have evidently failed. In an effort to stimulate foreign currency generation, the Government…
Theatre productions steal show at Intwasa
Bongani Ndlovu, Showbiz Correspondent THE Intwasa Arts Festival koBulawayo, a celebration of arts in the City of Kings and Queens, has come and gone. The five-day fete began last Tuesday…
Cabinet adopts new economic plan
Zvamaida Murwira, Harare Bureau CABINET yesterday approved for immediate implementation the Transitional Stabilisation Programme announced by Finance and Economic Development Minister Professor Mthuli Ncube on Monday. Addressing journalists last night,…
PSL deny league expansion rumours
Ricky Zililo, Senior Sports Reporter THE Premier Soccer League (PSL) has scoffed at rumours circulating on the social media insinuating that the topflight will expand the league to 20 teams…
‘Fuel importers to source own forex’
Business Reporter TREASURY is developing a long-term model that will ensure multiple fuel importers source their own foreign currency and ease the burden on allocations from the Reserve Bank of…
Economists give nod to monetary policy review
Oliver Kazunga/Natasha Chamba, Business Reporters THE creation of separate nostro (external bank) foreign currency accounts (FCAs) and Real Time Gross Settlement (RTGS-FCA) among other measures by the Reserve Bank of…
Star studded line up for Makomo gala
Tobias Mandoreba, Showbiz Correspondent ALICK Macheso, Sulumani Chimbetu, Winky D, Peter Moyo, Mathias Mhere and Sandra Ndebele are billed to entertain show goers at the Makomo musical gala taking place…
Minister assures FCA holders
Zvamaida Murwira, Harare Bureau Finance and Economic Development Minister Professor Mthuli Ncube yesterday assured Foreign Currency Account holders that Government will not raid their hard currency, instead adequate measures will…
Zimplats, partners to fund base metal refinery
Natasha Chamba, Business Reporter ZIMBABWE’s largest platinum miner, Zimplats, has joined hands with other platinum mining firms to raise $134 million to finance establishment of the country’s first base metal…