Mineral output falls in Q1

Growth of Zimbabwe’s mining industry will rebound by end of the year if teething issues, chief among them ‘low’ foreign currency retention thresholds and delayed payments to gold miners are resolved, captains of the mining industry have said.

RBZ warns banks over forex abuse

The Reserve Bank of Zimbabwe (RBZ) has warned it will take punitive action against banks flouting exchange control regulations after noting rampant abuse of nostro (domestic) foreign currency accounts (FCAs).

IPEC mulls benefits before retirement

The Insurance and Pension Commission (IPEC) is working on reforms that might see fund members benefiting from their pension funds before retirement amid growing questions over the relevance of pension in a highly volatile and largely unstable economic environment.

Illegal settlers booted off farms

Zimbabwe has started evicting illegal land occupants as Government moves to restore sanity in farming communities to improve productivity of the multi-billion dollar agriculture sector, senior officials have confirmed.

JUST IN: Zimswitch hosts Digital Payments Conference

Payments technology company, Zimswitch, in collaboration with the SADC Banking Association (SADC BA) will be hosting the second edition of the Zimswitch Digital Payments Conference in the resort town of Nyanga from tomorrow to Saturday.

Forex repatriation worries ZSE investors

The acute foreign currency shortage being experienced in the country is limiting the participation of foreign investors on the equities market, as it hinders the repatriation of their gains.

Tobacco prices hit volumes

Low prices currently obtaining at the tobacco floors have resulted in constrained delivery of the golden leaf as farmers reportedly hold on to their crop in anticipation of an improvement in the price as the marketing season progresses.

Beef industry stampedes back to life

Zimbabwe’s famed beef industry, which collapsed in the 2000s following outbreaks of foot-and-mouth disease, is now rebounding.

Livestock slaughters increase

Zimbabwe slaughtered an increased number of livestock for the year ended December 2018 compared to the previous year although performance became subdued towards the end of the year.

SA should hold course on agric exports

SA is not in a great position to take advantage of the US-China trade war, but there are opportunities on the margins. One of the questions I am often asked…

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