Chronicle Editor
- Chronicle
- July 21, 2023
- 40 views
Zimbabwe and Zambia tourism agencies strengthen ties
Business Writer THE Zimbabwe Tourism Authority and Zambia Tourism Agency this week met in Victoria Falls under the Joint Tourism Facilitation Committee (JTFC ) to craft strategies for marketing Victoria…
adminPresident launches Zim Afro T10
PRESIDENT Mnangagwa yesterday said the hosting of the historic Zim Afro T10 on Zimbabwean soil for the first time was a step in the right direction as it fits into Government’s thrust to remodel the sport and recreation sector into a multi-million-dollar industry, in line with the National Sport and Recreation Policy and the quest to promote sport tourism.
Major boost for Zim’s new administrative city
The growing new city at Mount Hampden, which starting with the new Parliament building and will gradually become the administrative centre of Zimbabwe, needs to be planned and serviced properly, and now the Ministry of Local Government and Public Works has signed an agreement with the New Administrative Capital of Egypt for technical assistance.
Price, exchange rate stability shames detractors
RELENTLESS attacks on the country’s currency and economy have come to nought as prices in Zimbabwe dollar terms continue to tumble while the local unit firms against the US dollar with President Mnangagwa saying Zimbabwe could soon drop the use of multiple currencies.
daniel chigunwe
- businessweekly
- July 21, 2023
- 81 views
Exchange rate fall plunges Zim into deeper debt distress
Business Writer Zimbabwe’s public debt could have surged seven-fold during the first half of the year due to the sharp depreciation of the domestic currency, an analysis by Business Weekly…
- businessweekly
- July 21, 2023
- 150 views
Massive defaults hit Govt-backed loans
Business Writer Despite having favourable interest rates and terms, loans with Government guarantees continue to underperform when it comes to repayment, raising questions on the credit-granting criteria and credit quality…
Salvation Army chief hails great nation
The outgoing international leader of The Salvation Army Church, General Brian Peddle has described Zimbabwe as a great country, hailing President Mnangagwa’s Government for supporting the church to run its programmes and institutions such as schools, hospitals and vocational training centres.
- businessweekly
- July 21, 2023
- 86 views
Industry decries mandatory exchange rate pricing law
Golden Sibanda Zimbabwe’s law compelling businesses to use the official exchange rate plus a maximum of 10 percent markup when setting prices, has a distortionary effect on pricing, industrialists say,…
Investment in people way to go: S Korea
Investing in people is a key fundamental to national development and that has been one of the routes that led to an economic boom for the Republic of Korea, the country’s incoming Ambassador said yesterday after meeting President Mnangagwa.
- businessweekly
- July 21, 2023
- 74 views
Insurance industry ready for USD bond
Nelson Gahadza Zimbabwe has for the past few years shown a desire to issue a US$100 million bond, and the pensions industry believes it is long overdue as the industry…