JUST IN: 2 HIT students up for kidnapping
Prosper Dembedza Court Correspondent TWO students from Harare Institute of Technology yesterday appeared in court on allegations of forcing their way into Impala Motor Spares and detaining its employees whom…
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- businessweekly
- October 30, 2020
- 72 views
Economic recovery to be difficult, slow: Old Mutual
Zimbabwe’s economic recovery is expected to be “difficult and slow” as prospects for re-engagement with the international community and access to capital seem more unlikely, according to insurance and property sector giant, Old Mutual Zimbabwe.
- businessweekly
- October 30, 2020
- 92 views
Fertiliser prices set to decline
The planned investments in Zimbabwe’s fertiliser industry will trigger significant reduction in cost of the products and make them more competitive on both local and the export market, according to a Government medium term strategy of reviving the sector.
- businessweekly
- October 30, 2020
- 50 views
Forex auction allots more than US$350m
More than US$350 million has been allotted towards various import requirements since the Reserve Bank of Zimbabwe (RBZ) introduced the foreign exchange auction system on June 23 this year, helping to stabilise the exchange rate.
- businessweekly
- October 30, 2020
- 73 views
Treasury reneges on cotton subsidy
Finance and Economic Development Ministry, is reneging on its promise to provide a subsidy on cotton producer price with farmers still owed $4 billion for the commodity delivered in the just ended season.
- businessweekly
- October 30, 2020
- 70 views
Govt to boost the horticulture sector
Government is looking at boosting horticulture production through provision of appropriate funding facilities as part of a broader plan to grow the sector and boost exports.
- businessweekly
- October 30, 2020
- 114 views
RBZ directive paves way for VFEX trading
The Reserve Bank of Zimbabwe has finally issued the exchange control directive that will pave way for the commencement of trading on the Victoria Falls Stock Exchange.
- businessweekly
- October 30, 2020
- 26 views
Govt moves towards stricter debt management
Government has put in place a new debt management framework that will be used to evaluate its loan guarantees and on-lending in a transparent and objective process meant to guard against adverse impact of contingent liabilities on public finances.
- businessweekly
- October 30, 2020
- 66 views
Covid-19 may erode ZHL’s regional advantages
With the Zimbabwe economy under-performing in recent years, advantage lay with local firms with a regional focus; but the Covid-19 appears to have eroded some of those advantages.
- businessweekly
- October 30, 2020
- 78 views
Dairibord revenue to grow fourfold
Analysts forecast food and dairy processor – Dairibord Zimbabwe, to treble its full year revenue for the financial year 2020 driven by price adjustments although the operating environment remains constrained.