Corruption, biggest non-tariff Barrier making zim products uncompetitive-ZIMRA

Business Writer, NewZiana Corruption is one of the biggest non-tariff barriers that are making Zimbabwean products less competitive on the international markets and erodes investor confidence, an expert has said.…

Annual inflation cools again

Business Writer Annual rate of inflation cooled to 268,8 percent in October 2022, from 280 percent in September as measures taken by Government to tame the vice continue to bear…

CZI calls for industry support in 2023 budget

Tapiwanashe Mangwiro The Confederation of Zimbabwe Industry (CZI) has called for the Ministry of Finance and Economic Development to improve its support for industry in its upcoming 2023 budget. CZI…

Olivine completes margarine, tomato source plant construction

Business Writer Olivine, a local unit of Wilmar International, has completed the construction of margarine and tomato source production lines at its Harare plant, an official has said. The completion…

Padenga upbeat to meet targets

Enacy Mapakame Victoria Falls Stock Exchange (VFEX) listed firm, Padenga Holdings Limited, is upbeat of meeting its volumes target for both gold and skins by year end as they maintain…

Exports diversification dominate ZimTrade conference as Zim appoints trade attaches 

Michael Tome THE need to diversify export commodities and markets, dominated ZimTrade’s 2022 exporters’ conference, as the country continues to devise mechanisms to bolster its export basket and reach of…

Pound sinks on UK political chaos

AFP The British pound sank against the dollar Friday on political uncertainty after the resignation of UK Prime Minister Liz Truss, while weak economic data added to the turmoil. The…

Govt faces US$20bn property lawsuit

Business Writer Liberation war veterans who fought under the Zimbabwe People’s Revolutionary Army (ZPRA), a military wing of PF ZAPU during the war against British colonialists in the 70s, have…

Zim stutters under external, domestic debt weight

Business Writer While it is clear Zimbabwe has had little success in its interventions to resolve an unsustainable US$13,3 billion external sovereign debt, a further worrying reality is the apparent…

British households face financial storm . . . uncertainty rocks markets

LONDON. — A large-scale tax-cutting package recently announced by the British government has concerned Richard Carter, a resident in northwest London. “It seems to have been so mishandled that any…

×