Business brace for tough 2022

Business Writer Zimbabwean businesses are in for another difficult year, with the year’s first foreign currency auction system signalling that its modus operandi will remain as it was last year.…

New tax bands amplify currency distortions

Tapiwanashe Mangwiro The Minister of Finance and Economic Development, Professor Mthuli Ncube, had his budget approved recently and interestingly the new tax bands to be used for 2022 financial year…

About ZECO Holdings

ZECO Holdings, listed on the Zimbabwe Stock Exchange, is an engineering concern that specialises in steel fabrication and installation as well as the manufacturing of plastic components and distribution of…

Minerals earn Zim US$5bn

Michael Tome Business Writer ZIMBABWE earned at least US$5 billion from mineral exports in 2021, as investments by mining entities in recent years boosted output and placed the country firmly…

Zim’s operating environment remains vulnerable

Nelson Gahadza Zimbabwe’s operating environment remains vulnerable to both internal and external shocks that may have negative impact on key economic enablers, according to Fitch Solutions, a leading global economic…

Chengetedzai ends 2021 on a solid note

Business Writer Chengetedzai Depository Company (CDC) issued a CSD operating update for December 2021, which reveals the cumulative number of accounts opened on the CSD as at December 2021 being…

Caps, Govt shareholding dispute continues

Business Writer Local businessman, Fredrick Mutanda, has said the acquisition of his shareholding in pharmaceutical giant, CAPS Manufacturing and CAPS Healthcare by the Government, can no longer be regarded as…

A granddad’s dying wish to reunite with kidnapped boy

Thandeka Moyo-Ndlovu in Nkayi EXACTLY 3 kilometres from Mr Julius Ncube’s homestead lies a pathway connecting Forest Area to the Nkayi main road, where the last footprint of kidnapped Awakhiwe…

Water rationing despite good rains?

Nqobile Tshili, Chronicle Reporter BULAWAYO’S supply dams have received insignificant inflows since the start of the rainy season and the local authority has said if the situation does not improve…

Huayou gets nod to own Arcadia Lithium

Oliver Kazunga A CHINESE firm, Huayou International, has secured approval from Commerce Ministry in that country to be the major shareholder in the Arcadia Lithium Project in Zimbabwe, a development…

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