Zimra loses US$70m potential revenue through irregular import documents
Munyaradzi Musiiwa, Midlands Correspondent THE Zimbabwe Revenue Authority has lost close to US$70 million in potential revenue after being prejudiced through irregular import documents, an official has revealed. In a …
“US$1bln to back forex auction” lead
Golden Sibanda Local banks have nearly a billion dollars worth of forex in foreign currency accounts (FCAs) while the country has healthy inflows to sustain the newly introduced forex auction…
Will Zisco work again?
Business Writer For the umpteenth time, the Zimbabwe Iron and Steel Company, will soon be on the market seeking an investor to revive once Africa’s largest integrated steel giant. This…
Importance of mental health in the fight against COVID 19.
Kelin Zvomuya and Noreen Kudzanai Wini Dari COVID-19 is an infectious respiratory illness, which was declared a pandemic by World Health Organisation (WHO) in 2020. Although Covid-19 has its origins…
Cotton ginners risk defaulting on export contracts
Business Writer Cotton ginners run the risk of defaulting on their lint export commitments as they are failing to buy raw cotton from farmers due to unavailability of cash. Raw…
Currency Auction: CZI says don’t print money
Business Writer The recently introduced foreign currency auction system offers an opportunity for the stabilisation of the Zimbabwe dollar but there is need to develop mutually agreed safeguards to protect…
Covid-19: 620 000 cubic meters of oxygen needed daily globally
Roselyne Sachiti Features, Health and Society Editor The World Health Organisation (WHO) estimates that at the current rate of about 1 million new Covid-19 cases a week, the world needs…
Zim gold smuggled to Dubai via SA
Business Writer The country’s gold is being smuggled to Dubai via South Africa, and Government is putting in place measures to curb the vice so as to ensure increased formal…
DCK to boost bread production…sees a bigger slice of bread market in Zim
Business Writer Local company, DCK Investments, is looking to boost its bread output to 230 000 loaves per day after investing in more bakery assets. DCK owner, Douglas Kwande, told…
BAT volumes to remain subdued
Enacy Mapakame Local industry will continue to battle low sales volumes in the short to medium term as the COVID 19 pandemic weighs on consumer disposable incomes. For listed cigarette…










