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- businessweekly
- April 5, 2019
- 70 views
SEZ to boost Hwange safari operators
Leonard Ncube The designation of Victoria Falls as a Special Economic Zone (SEZ) is set to boost safari operators and downstream tourism businesses in Hwange District and beyond. Miombo Safari Camp…
- businessweekly
- March 29, 2019
- 79 views
RTGS$ sheds 20 percent . . . Trades remain subdued . . . Rate expected to stabilise
The RTGS dollar introduced by the Reserve Bank of Zimbabwe (RBZ) in its 2019 Monetary Policy Statement, has continued to weaken against major currencies as exporters continue to hold on to their US dollar earnings waiting for the exchange rate to slide further.
- businessweekly
- March 29, 2019
- 28 views
Fuel consumption declines
The consumption of diesel and petrol plunged by almost 1,5 million litres and 1,8 million litres per day respectively between January and February this year, compared to previous months on the back of price adjustment and the impact of the Monetary Policy Statement that ushered in a number of far reaching measures.
- businessweekly
- March 29, 2019
- 41 views
Zim ready for key reforms: UK think tank . . . Challenges remain in short to medium term
Zimbabwe is poised to register a significant progress on its economic reform programme, largely benefiting from improved political governance and the new dispensation’s efforts to re-engage the international community, a top global economic think tank has said.
- businessweekly
- March 29, 2019
- 69 views
Zesa insists on 30pc tariff increase . . . cites coal, diesel increases as catalysts
Zesa Holdings insists that a 30 percent tariff increase is critical as it would ensure the country continues to enjoy a steady supply of electricity, as there would be funds to repair the transmission and distribution network while also allowing the firm to purchase inputs such as coal and diesel whose prices have gone up.
- businessweekly
- March 29, 2019
- 63 views
Nzenza, Perm Sec rift escalates . . . Perm sec accused of insubordination . . . Matter sucks in Cabinet minister
The rift between Minister of Public Works, Labour and Social Welfare Sekai Nzenza and her Permanent Secretary Judith Katerera, reportedly widened this week over a host of issues among them National Social Security Authority (NSSA) audit, with the latter accused of gross insubordination, according to close sources.
- businessweekly
- March 29, 2019
- 95 views
NSSA prioritises occupational safety
Industry must uphold safety precautions to minimise fatalities at workplaces as occupational accidents are detrimental to productivity, Public Service, Labour and Social Welfare Minister Sekai Nzenza has said.
- businessweekly
- March 29, 2019
- 101 views
Edgars’ Carousel pursues exports . . . as Zim becomes competitive
Leading Zimbabwean clothing retailer, Edgars Stores Limited, is actively pursuing growth in exports to earn foreign currency to finance acquisition of factory inputs and merchandise offerings in its retail chains, group managing director Linda Masterson has said.
- businessweekly
- March 29, 2019
- 73 views
Idai affects Manicaland’s export potential
Cyclone Idai has affected Manicaland’s agro-based industry thereby reducing the province’s export potential.
- businessweekly
- March 29, 2019
- 146 views
Vic Falls’ Sawanga mall fully booked . . . with a good mix of local brands
The newly constructed Zimre Property Investments (ZPI) concern in Victoria Falls, Sawanga Mall, has been completed and is now fully booked by local brands with foreign brands off the map.