Mthuli projects higher growth
Business Writer Finance and Economic Development Minister Mthuli Ncube, has revised upwards the country’s GDP growth projections and has vowed to stay the course through the implementation of existing policies.…
SDRs should target health, informal sector: CZI
Business Writer The Special Drawing Rights allocation that the country is likely to receive from the International Monetary Fund should be deployed in a way that delivers sustainable long term…
Parallel market rate won’t stoke inflation: RBZ
Golden Sibanda THE Reserve Bank of Zimbabwe (RBZ) believes the parallel market exchange rate will not upset the current momentum of falling inflation, because informal sector transactions account for only…
‘Annual inflation may breach 25pc’
Business Writer Zimbabwe’s annual inflation may breach the upper cap of 25 percent target in 2021 on surging global commodity markets, supply disruptions, stimulus interventions and currencies depreciation induced by…
Economy poised to grow by 5,4 pc in 2022
Business Writer Finance and Economic Development Minister Mthuli Ncube, has projected the domestic economy to grow by 5,4 percent in 2022, anchored on growth in sectors such as mining, manufacturing,…
Diaspora remittances hit US$746,9m
Tawanda Musarurwa Zimbabwe’s Diaspora remittances have risen significantly to U$746,9 million in the first six months of the year, up from US$288,7 million over the prior comparable period, latest Treasury…
Villagers, property developer clash over livestock
ABOUT 38 families from Stockdale Village in Chegutu Rural District Council’s Ward 21 are up in arms with a local commercial farmer an property developer who has been holding to about 70 goats and 11 cattle belonging to some of the villagers since Saturday.
New private thermal power station by October
Martin Kadzere Energy company, Zimbabwe Zhongxin Electric Company (ZZEC), is set to commission its 50 megawatt thermal power plant in Hwange in October, the country’s first coal fired plant owned…
ZDF to train personnel on disaster response
The Zimbabwe Defence Forces (ZDF) will continue to train its human resource meet for disaster response to meet the needs as dictated by the geography and climate change in various parts of the country.
DDF gets tractors, planters to boost tillage capacity
The District Development Fund (DDF) has received tillage machinery and equipment from the Ministry of Lands, Agriculture, Fisheries, Water and Rural Resettlement, a move that is expected to boost the department’s capacity to offer tillage services to smallholder farmers in both communal and resettlement areas and vulnerable households during the forthcoming 2021/22 summer copping season.











