SEBESEDLULA INKULUNGWANE ASEBELE-COVID-19

YiNtatheli kaMthunywa INANI labantu asebebanjwe umkhuhlane weCovid-19 lifike kunkulungwane mhlaka 14 Ntulikazi kulel njalo labo asebedlule emhlabeni sebengu-19. Lo owokucina obhubhileyo kubonakale ukuba ubelomkhuhlane lo ngemva kokuhlolwa kwesidumbu sakhe. Kubikwa…

JUST IN: $300 million cotton payments locked in Ecocash merchant lines

More than 400 000 small-scale farming households are suffering badly because the Cotton Company of Zimbabwe cannot pay the $300 million it owes them after outgoing payments and bulk payments were banned from EcoCash merchant lines, and a Parliamentary committee now wants immediate action so the money can be paid.

JUST IN: Cop in court for undermining President

A POLICE officer stationed at Harare Central Police Station in the administration department appeared in court facing accusations of undermining the Authority of the President through a WhatsApp message he allegedly posted in a group comprising his workmates.

Prisons boss Zimondi retires

ZIMBABWE Prisons and Correctional Services (ZPCS) Commissioner-General Retired Major-General Paradzai Zimondi will retire from the top prisons post in November this year after 22 years of service which began in 1998 when he was 51.

Official forex rate adjusts 4.6 pc to $68,88

Zimbabwe’s official rate adjusted by 4,6 percent to $68,88 from $65,80 previously, following the conclusion of the fourth foreign currency auction yesterday.

Month on month inflation for June races to 31.66 pc

Prices of goods and services in the country skyrocketed in the month of June with the month on month inflation rate for the month racing to 31,66 percent, according to Zimstat.

Zim got US$924 million in remittances in 2019

Secondary Income, the bulk of which were remittances, helped Zimbabwe record a current account surplus for the first time in years according to the 2019 Annual Budget and Economic Review Report released by Treasury last Friday.

Banks have capacity to lend corporates

Local banks have significant financial capacity to lend to corporates that require working capital to support recovery from the Covid-19 pandemic, recent economic research findings have revealed.

TSL mulls regional expansion

Listed diversified firm, TSL Limited, is mulling regional expansion a move that will enhance its foreign currency exposure at a time Zimbabwe is experiencing limited access.

Zim names customs dry ports

Government has designated Masvingo, Bulawayo, Makuti, and Mutare as the country’s customs dry ports, according to a Statutory Instrument 55 of 2020 gazetted by Finance and Economic Development Minister Mthuli Ncube.

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