Industry forex allotment jump 11,4 pc to US$38mln
OVER US$38 million was allotted to the productive sectors on Tuesday’s Reserve Bank of Zimbabwe (RBZ) weekly Foreign Currency Auction Trading System reflecting a 11,44 percent jump from the last auction.
Chinese firm injects US$80 m in coke oven
Chinese company, Tutu, will invest US$80 million in building a coke oven battery in Hwange as it targets export markets for coke products, it’s director Mr David Zou said yesterday.
Zim should not miss on China citrus fruits export deal
Zimbabwe and China are negotiating a citrus fruits export deal that Zimtrade has described as ‘farming industry transforming,’ while observers say the country should not miss on the facility set to expose local businesses to a US$500 million market.
Has Zimbabwe resolved its currency issues?
Since the emergence of hyperinflation circa 2008, Zimbabwe has tinkered with a number of currency options in an effort to avoid the pitfalls and excesses of that era.
Econet launches AI – powered Chatbot ‘Yamurai’
Econet Wireless Zimbabwe has launched a customer service enhancing Chatbot named Yamurai, to empower its clients and improve their customer experience.
TIMB nullifies 20 000 tobacco contracts
The Tobacco Industries and Marketing Board (TIMB) has nullified 20 000 contracts entered between tobacco farmers and contractors on the basis that the deals were exploitative as they short-changed growers in terms of quantity and value of farming inputs.
OK appoints Karombo as CEO
OK Zimbabwe Limited has appointed Maxen Karombo as chief executive officer, taking over from Alex Edgar Siyavora.
Korean Ends WTO Bid, Clearing Path for Nigeria’s Okonjo-Iweala
Sam Kim, Bryce Baschuk South Korean Trade Minister Yoo Myung-hee withdrew her bid to lead the World Trade Organisation, leaving former Nigerian Finance Minister Ngozi Okonjo-Iweala as the only remaining…
Castor bean can assist solve energy challenge
Business Writer Players in the agriculture sector should consider investing in castor bean production as it can boost the economic fortunes of the country through bio-diesel production. Bio-diesel is a…
Zim needs sustainable, smart land allocation
Enacy Mapakame Stakeholders in the real estate sector say the country needs to adopt sustainable and smart land allocation at a time when its demand, particularly residential continues to sky…











