Auction system threatening stability

Business Writer The foreign currency auction system that is being used by the Reserve Bank of Zimbabwe to allot foreign currency to importers — in its current form — is…

About National Foods

The company was established in 1920 and produces a broad range of basic foods including maize meal, flour, cooking oil, margarine, rice, salt, snacks, biscuits, pasta, sugar beans, baked beans,…

Invictus to list shares in US

Business Writer AUSTRALIA Stock Exchange (ASX) listed Invictus Energy, which is searching for oil and gas in Zimbabwe’s Muzarabani area, is finalising plans for a second listing of its shares…

‘Govt to adequately resource forex auction system’

Business Writer The Government will ensure that the foreign currency auction system is adequately resourced and that the relevant authorities enhance efficiencies within the system, President Mngangwa has said. Speaking…

Call to increase coverage of electronic transaction tax

Enacy Mapakame Experts have called on the SADC region, Zimbabwe included, to consider increasing the depth and coverage of electronic transaction tax in view of the increased use of emerging…

CEOs seek solutions to deliver Zim from Covid-19

Business Writer Need for concerted efforts amongst policymakers and industry players to safely deliver Zimbabwe from the menace of Covid-19 pandemic will headline deliberations at this year’s CEO Africa annual…

Cotton support price a ‘pie in the sky’

Business Writer Cotton farmers can expect further delays to the Government support payments amid concern of continued loss of the Zimbabwean dollar value, which now trades at between $170 and…

Minister Coventry speaks on appointment to International Olympic Committee

Innocent Kurira, Sports Reporter YOUTH, Sport, Arts and Recreation Minister Kirsty Coventry says she is honoured to be appointed to chair the International Olympic Committee (IOC) Co-ordination Commission for Brisbane…

COMMENT: Zimbabwe proves is a rising giant once again

THE continued investment in Zimbabwe is testimony that contrary to claims by the nation’s detractors, the country provides a good environment for investment. Since the coming in of the Second…

Innscor Africa’s performance tracks economy

Business Writer DIVERSIFIED group, Innscor Africa Limited performance in the year ended June 30, 2021 largely tracked an improved economic environment that is characterised by increased demand of products. The…

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