adminRBZ forex allotments reach US$3,7 bn
THE Reserve Bank of Zimbabwe (RBZ) has allotted US$3,7 billion through the foreign exchange auction system since its introduction in June 2020 to December last year, with the bulk of it channelled towards the importation of raw materials and machinery.
daniel chigunwe
- businessweekly
- January 19, 2023
- 81 views
SeedCo Limited to finally migrate to VFEX
Tapiwanashe Mangwiro SeedCo Limited, the country’s largest seed producer, says it has received approval from the board of directors to list on the Victoria Falls Stock Exchange (VFEX), a US…
- businessweekly
- January 19, 2023
- 61 views
Market records losses on Wednesday
Tapiwanashe Mangwiro The ZSE All Share Index lost a further 237.10 points (1,09 percent) to close at 21 438.71 points. Diaspora remittances grew 15.9 percent in 2022 to US$1.65 billion…
Natfoods invests US$12m in contract farming
Agro-industrial firm, National Foods (Natfoods) says it has invested US$12 million towards contract farming during the 2022-23 farming season.
- businessweekly
- January 19, 2023
- 62 views
“Start mobilising funds for agric marketing”
Business Writer GOVERNMENT should timeously mobilise funds to pay farmers who produce strategic crops to ensure their long-term viability, farmer organisations have said. This comes on the back of an…
ZB register milestones in 2022
ZB Financial Holdings says the year 2022 progressed “exceptionally well” as the company registered significant milestones including spreading wings into the region.
Mbare Market prices
18 January 2023 Product Description Price Potato/Pocket Chat US$2 Small US$3-US$3.5 Medium US$4.5-US$5.5 Large US$6-US$7 Extra large US$7.50 Tomatoes 30kg sandak US$7-US$15 Wooden box US$2-US$3 Plastic dish US$1-US$1.5 Vegetables Cabbage…
Agricultural education to champion rural development
Elton Manguwo The Government has tasked agricultural colleges to spearhead programmes that promote rural industrialisation and uplift livelihoods of communities. In an interview, the Department of Agricultural Education director Dr…
- businessweekly
- January 19, 2023
- 44 views
Inflation cools slightly to 7.2 pc, but food prices remain red hot
Compiled by Helena Wasserman Annual consumer price inflation cooled to 7.2percent in December, down from 7.4 percent in November and 7.6 percent in October, Statistics SA reported on Wednesday. December’s…
TRB releases approved agro-chemicals for 2023
Edgar Vhera Agriculture Specialist Writer THE Tobacco Research Board (TRB) has released the full list of approved agro-chemicals for use in tobacco production in compliance with phytosanitary requirements under international trade.…