Mthuli decries uneconomic prices for public goods, services

Business Writer FINANCE and Economic Development Minister, Professor Mthuli Ncube, has said there is an urgent need for “appropriate” pricing of public goods and services, such as electricity, water and…

Privatisation of state firms on course Mthuli

Business Writer   Government say is at various stages of implementing the reforms of State-owned firms in a bid to transform them into vibrant enterprises, according to Finance and Economic…

Caledonia to import electricity directly from Zambia as power cuts bit 

Tapiwanashe Mangwiro Caledonia Mining Corporation, which owns a 64 percent stake in Blanket Mine in Gwanda, Matabeleland South province, is now considering importing power directly from Zambia through a shared…

Grain prices fall as Ukraine ship leaves Odesa for the first time in months

Reuters   A ship carrying grain left the Ukrainian port of Odesa for Lebanon on Monday under a safe passage agreement, Ukrainian and Turkish officials said, the first departure since…

RBZ to introduce 2000 more gold coins into the market

Business Writer  The Reserve Bank of Zimbabwe (RBZ) says it will this week introduce into the market additional 2000 gold coins after initial 1500 coins were sold out by the…

Air Zim takes delivery of new plane

NewZiana/Business Writer National flag career, Air Zimbabwe will take delivery of an Embraer ERJ 145 plane within the next eight weeks as it moves to expand its route network in…

Inflation boosts OK Zim first quarter sales

Business Writer OK Zimbabwe saw its sales value increase two fold as inflation hits 191,6 percent in the period ending June 30, 2022. For the first quarter ended June 30,…

Global exhibitions beneficial to participating firms, ZimTrade

Kudzanai Sharara in Zambia THE trade fairs that the country’s trade development and export promotion body, ZimTrade, facilitates for local firms to participate in, are very beneficial as they have…

Costs are soaring, but drinkers and smokers are still coughing up

Reuters  Soaring inflation has made life harder for most of the world – but some people are still smoking expensive cigarettes and doing shots of fancy tequila. From British American…

Local firms optimistic of clinching deals at Zambia agric show

Kudzanai Sharara in Zambia Local firms exhibiting at the ongoing Zambia Agriculture and Commercial Show are optimistic of clinching supply deals on the back of enquiries and leads they are…

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