Duty removal to increase forex outflow
Business Writer The removal of import duty on basic commodities will result in increased outflows of foreign currency as suppliers outside the country will take advantage of the window to…
Zimbabwe’s exchange to list carbon credits as state upends trade’
Bloomberg Zimbabwe’s Victoria Falls Stock Exchange plans to set up trading in carbon credits by September, seeking to capitalise on sweeping changes to how production of the securities will be…
Vaka Yako driving Fidelity Life business
Business Writer Listed assurer, Fidelity Life Assurance has said their Vaka Yako product has been a success driving business in the first quarter ending March 31, 2023. Fidelity Life company…
Congo to secure hybrid seeds from Zim
Malvern Nkomo The DRC delegation yesterday attended SeedCo Vegetables’ annual winter field day at the company’s premises in Mount Hampden. This follows an invitation received from the seed company to come…
Toothpaste, washing powder firms on verge of collapse
Business Writer Local washing powder and toothpaste producers are on the verge of shutting down their operations due to stiff competition from imports, this publication can report. On April 14…
12 years for killing son
Paidamoyo Bore THE High Court has sentenced a woman, who threw her four-year-old son into Mazowe River in May last year, resulting in his death, to 12 years in prison.…
Liquid Dataport launches terrestrial data superhighway
Enacy Mapakame Zimbabwean businesses and individuals are set to benefit from improved connectivity following a ground-breaking achievement by Liquid Dataport, which has launched the first-ever connection between Mombasa and South…
RioZim seeks a stable power supply
Malvern Nkomo The Zimbabwe Stock Exchange-listed company, RioZim, has said it will remain focused on securing a steady power supply across all its operations to ensure consistent capacity output. The…
Report urges Government to loosen currency controls
Business Reporter A report by two separate commissions said the Zimbabwe dollar was overvalued and urged the government to loosen foreign currency controls and allow market forces to determine the…
ZB mulls job cuts, global economic downturn cited
Business Writer ZB Holdings plans to retrench an unspecified number of workers as part of its restructuring exercise resulting from the global economic downturn and the effects of the Covid-19…










