Akafa atsikwa nemota isina mutyairi

Kingstone Mapupu MWANA aive negore nemwedzi mina yekuberekwa wekuBindura anonzi akatsikwa ndokufa nemotokari yababa vake iyo yakangoerekana yave kufamba isina mutyairi pachivanze chevabereki vake. Tsaona iyi inonzi yakaitika nguva pfupi…

RBZ, banks hummer deal on local USD nostros

Bank depositors should no longer face any challenges in accessing foreign currency from their USD RTGS FCAs after the Reserve Bank of Zimbabwe and local bankers agreed on an amicable solution, Business Weekly can reveal.

Dutch billionaire eyes horticulture industry

DUTCH billionaire, Marcel Boekhoorn, is set to invest millions of dollars towards reviving Zimbabwe’s rose industry, which will significantly boost foreign exchange earnings and create thousands of jobs.

Fertiliser contract bundling proves costly

The fertiliser supply contract between the Government and Sable Chemicals, the country’s sole producer of ammonium nitrate has been cancelled after the Treasury raised concerns over violation of laws, sources have said.

Coca-Cola bails out Bulawayo with US$50k

Beverages giant, Coca-Cola Company, has extended US$50 000 for the implementation of water and sanitation projects in Zimbabwe’s second largest city, Bulawayo.

Seed Co shareholders agree to dodge RTGS

Over three quarters of Seed Co Limited (Zimbabwe) shareholders have accepted an offer for shares from sister company, Seed Co International Limited (SCIL) that will see the seed producer terminating its 25-year long dalliance with the Zimbabwe Stock Exchange (ZSE).

Tobacco auction system faces demise

Latest figures from the country’s biggest tobacco auction floors operator, Tobacco Sales Floor (TSF), provides the clearest indication that independent auction floors could be on their way out.

Exporters deflate shipments value

There are high chances that Zimbabwean exporters could be deflating the true value of their shipments to circumvent huge exchange losses resulting from a wide disparity of official and foreign exchange rates. 

TSL Limited performance depressed

Reduced volumes at tobacco auction floors and at other business units saw TSL Limited report a 16 percent drop in inflation adjusted revenue for the full year to October 2020.

Ecocash performance hit by agent line ban

The ban of mobile money agent lines by the Reserve Bank of Zimbabwe saw mobile money subscriptions and value of mobile money transactions fall drastically for the third quarter to 30 September 2020.

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