Zupco introduces e-ticketing, booking for inter-city routes

Blessings Chidakwa Municipal Reporter Zimbabwe United Passengers Company (Zupco) has introduced a convenient platform which allows one to buy tickets and book seats online through a partnership with Vaya. The…

RBZ shames foreign currency auction abusers

Business Writer One of Zimbabwe’s largest grain milling firms, National Foods, is among local institutions facing severe penalties after being caught abusing foreign exchange system, the Reserve Bank of Zimbabwe…

Forex allocations near US$47m

Business Writer Foreign currency allocation from the Reserve Bank of Zimbabwe (RBZ)’s auction system hit record levels at US$46,9 million, as the average exchange rate for the Zimbabwe dollar against…

Zim supports Single African Air Transport Market

Business Writer Zimbabwe is among eight countries in the Common Market for Eastern and Southern Africa that have so far signed the commitment for the establishment of a Single African…

G7 DFIs to invest over $80 billion into African

Business Writer Leading global financial institutions say they are committed to invest US$80 billion into Africa over the next five years in support of Covid-19 response and growth. These include…

Zimra starts collecting mining royalties

Business Writer The Zimbabwe Revenue Authority (Zimra) has started executing its recently added mandate of deducting mining royalties, through banking institutions, on behalf of Treasury. The tax authority said yesterday…

NBS launches instant cash services

Business Writer LEADING financial services provider, National Building Society (NBS), has launched an all-inclusive, local remittances product, NBS Instant Cash, which allows banked and non-banked customers to send foreign currency…

BCC battles to keep water clean

Mashudu Netsianda, Senior Reporter BULAWAYO City Council (BCC) has deployed rangers on a full-time basis at its water catchment areas to safeguard the city’s supply dams from being contaminated by…

NRZ-Turkish firm ink game-changing deal

Africa Moyo Deputy News Editor The National Railways of Zimbabwe (NRZ) board is convinced that Turkish construction giant, Yapi Merkez, which has agreed to invest in the rehabilitation and modernisation…

18 forex abusers to pay penalties

Golden Sibanda and Martin Kadzere The Reserve Bank of Zimbabwe yesterday listed the first 18 firms facing civil penalties under the new Statutory Instrument 127 after being caught abusing the…

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