SADC proposes tax bailouts for businesses

Governments should consider tax bailouts and exempting SMMEs from loan repayments for six months to enable business recovery, the SADC Business Council has said in the wake of the Covid-19 pandemic that has ravaged economies across the region. 

NetOne re-engages ZTE over billing system

NetOne is reported to have re-engaged Chinese telecoms giant ZTE over the supply a billing system, five months after its board declared force majeure on the contract it had awarded to the company in 2017 due to currency reforms which saw the country removing the 1:1 peg for its surrogate bond notes and electronic dollars in February last year, it has been established.

Why Zim didn’t qualify for IMF debt relief

The International Monetary Fund (IMF) this week announced half a billion United States dollar debt service relief fund for the world’s poorest and vulnerable economies, chiefly  to help them fight and contain the spread of the Covid-19 pandemic.

BAZ mobilises US$10m for Covid-19 fight

THE Bankers Association of Zimbabwe  (BAZ) has announced plans to mobilise US$10 million through its members as part of corporates’ further contribution to the fight against the deadly Covid-19 global health pandemic.

Comesa REPSS pays dividends

The Common Market for Eastern and Southern Africa (Comesa) says over US$138 million has been transacted through the regional payment and settlement system (REPSS) by nine participating central banks including Zimbabwe in the past five years.

Natfoods can leverage on staples during Covid-19

While local businesses face headwinds due to effects of the coronavirus (Covid-19) pandemic, agro-industrial giant National Foods Limited is expected to keep its head above water on firm demand for staple foods.

Two earthquakes shake Kariba

TWO earth tremors were reportedly recorded in parts of the mid-Zambezi Valley area this week, near Zimbabwe’s biggest source of hydro power, Kariba Dam, is located.

Rise in Bulawayo Covid-19 infections a wake-up call

Nqobile Tshili, Chronicle Reporter FROM zero Covid-19 infections at the beginning of this month, Bulawayo has become the country’s Covid-19 epicentre with 10 cases, overtaking Harare which all along had…

CAAZ intensifies online marketing

Leonard Ncube, Victoria Falls Reporter THE Civil Aviation Authority of Zimbabwe (CAAZ) has intensified online marketing of the country’s aviation and leisure facilities in an effort to help the country’s…

BCC not deterred by Caf report – BF maintenance intensified

Ricky Zililo, Senior Sports Reporter BULAWAYO City Council (BCC) has intensified work at Barbourfields Stadium in an effort to make the facility Caf compliant to host international matches. Caf further…

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