Load shedding set to worsen
Load shedding in the country is set to worsen after ZESA announced plans to resume rehabilitation works for the Kariba Dam Rehabilitation that will result in reduced power generation capacity.
Agriculture, mining contributes bulk of exports
ZIMBABWE’S agro-industrial and mineral commodities continue to maintain the grip as the country’s top export drivers further confirming agriculture and mining as the major economic mainstays to meeting the national development agenda.
Tongaat Hulett goes after former execs
Sugar producer Tongaat Hulett has filed a R450 million civil claim against some of its former executives and is also seeking a order declaring them as delinquent directors.
US honours Maya Angelou as first Black woman on coins
The US Mint has started rolling out quarters which feature late American author and activist Maya Angelou, the first Black woman to appear on the coin, Reuters reports.
Facebook will require Covid-19 vaccine boosters for all in-person employees
Facebook parent company Meta Platforms will require all employees working from its US offices to receive a Covid-19 vaccine booster by late March, the company announced Monday.
SA booze sellers hit by beer and cider scarcity, amid ‘severe’ shortage of glass
South Africa’s large alcohol producers are struggling to satisfy demand, which is hitting tavern owners hard.
Germany needs mass immigration to avoid labour shortages, says economy minister
Germany will need large-scale immigration to prevent severe labour shortages from undermining productivity and endangering a successful energy transition, Economy Minister Robert Habeck said.
SecZim, ZSE stand firm by new directive on CSDs
The Zimbabwe Stock Exchange (ZSE) and the Securities and Exchange Commission of Zimbabwe (SecZim), have separately filed opposing papers against a High Court application by Chengetedzai Depository Company (CDC) seeking to nullify SecZim’s directive on the migration of deposited securities following licensing of multiple Central Securities Depositories (CSD’s).
Industry applauds suspension of duty on capital goods
CAPTAINS of industry have applauded the Government for continuously suspending duty on capital goods saying the move is progressive and augers well with the objectives of the National Development Strategy 1 (NDS 1).
Central Bank owes fuel suppliers $513 mln
Fuel suppliers are owned US513,5 million in blocked funds by the Central Bank according to figures contained in the 2021 Finance Act show.











