Budget deficit to remain below 3pc
Business Reporter Zimbabwe’s national budget deficit is expected to remain below 3 percent of the gross domestic product (GDP) until 2025 with the shortfall to be largely funded using domestic…
US$7,5m facility to help tourism sector recover
Michael Tome Business Reporter PLAYERS in the tourism industry have commended the Government for setting aside US$7,5 million revolving fund facility to support the sector, saying the decision is a timely…
Cabinet to push through biodiversity policies
Africa Moyo Deputy News Editor Zimbabwe has come up with a number of policies and legal instruments aimed at supporting biodiversity conservation, with all those policies expected to be passed…
Young business leaders urged to maintain focus
YOUNG business leaders have been urged to remain focussed on their goals and to uphold professionalism to ensure the success of the enterprises they run, according to the executive director…
Corporate rescue application – Legal requirement for service, notification
Godknows Hofisi Business Law Introduction I have previously written on corporate rescue which is based on the Insolvency Act (Chapter 6:07), “the Insolvency Act” or “the Act”. According to section 121(1)(b)…
Time Bank bounces back with new business model
THE Reserve Bank of Zimbabwe (RBZ) has given Time Bank of Zimbabwe Limited the green light to re-open its doors to the public, 18 years after the bank was unilaterally…
New banking model to drive Time Bank
Business Writer Time Bank of Zimbabwe Limited is set to re-open its doors to the public 18 years after the financial institution was unilaterally closed by the regulator in 2004…
Zim mulls gemstones development policy
Oliver Kazunga Senior Business Reporter ZIMBABWE is planning to craft a gemstones development policy to improve the production of semi-precious and coloured stones whose (unmined) value in the country is estimated…
Measures to combat veld fires unveiled
Herald Reporter Zimbabwe has announced a raft of measures to contain an upsurge in veld fire incidences, which have spiked this year, claiming 18 lives as of October 12. On…
Two jailed for stealing car, cash in fake armed robbery
Thupeyo Muleya Beitbridge Bureau A 50-year-old man from Beitbridge was on Tuesday jailed four years along with his nephew (30) for faking an armed robbery and stealing a Honda Fit…











