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- businessweekly
- February 22, 2019
- 87 views
Varun Beverages to invest US$30m in agro-processing . . . Company recently accorded SEZ status
Indian beverages firm, Varun Beverages, is eyeing agro-processing business in a move meant to boost export earnings for the country with an investment of not less than US$30 million in the pipeline.
- businessweekly
- February 22, 2019
- 73 views
Zim mining sector to boom: Fitch Solutions
Zimbabwe is poised to become a mining giant in the Southern African region on the back of its vast mineral deposits and huge investments that favour the sector’s growth.
- businessweekly
- February 22, 2019
- 142 views
Karo commences platinum exploration . . . Exercise to determine funding needs for the project
Karo Mining Holdings has commenced exploration to delineate the platinum group metals (PGM) resource at its mining concession on Zimbabwe’s mineral rich Great Dyke.
- businessweekly
- February 22, 2019
- 126 views
URL in bid to boost soya bean output
Zimbabwe has no reason to import soya bean for making edible oils in the next six years if agro-farming initiatives being implemented by Government and the private sector are fully embraced, an industrialist has said.
- businessweekly
- February 22, 2019
- 96 views
Unpacking floating of exchange rate
The Governor of the Reserve Bank of Zimbabwe (RBZ) Dr Mangudya in his monetary policy statement liberalised the exchange rate that is, departing from the 1:1 position of the bond notes or real time gross settlement (RTGS) with the United States dollars.
- businessweekly
- February 22, 2019
- 49 views
Huge demand for African coffee in China
The growing demand for African coffee in China is a huge market potential for African coffee-makers, an African coffee beverage association chairman, Isak Lukenge, said last Friday.
- businessweekly
- February 22, 2019
- 85 views
Govt engages foreign investors for base stations
Government has engaged at least two potential foreign investors for the setting up of Base Stations across the country.
- businessweekly
- February 22, 2019
- 973 views
Did you know?
Econet Wireless Zimbabwe is the country’s largest provider of telecommunications services, providing solutions in mobile and fixed wireless telephony, internet access and previously payment solutions.
- businessweekly
- February 22, 2019
- 98 views
Celebration Health runs for life
Celebration Health, the philanthropic medical arm of Celebration Ministries International, has organised its first-ever fundraising run to transport donated medical containers with equipment, furniture and sundries to assist in restocking local hospitals and clinics.
- businessweekly
- February 22, 2019
- 77 views
Fiscal measures must back forex policy
Zimbabwe’s last two attempts to switch the allocation of foreign currency from fiat decisions to market forces – ESAP in the 1990s and dollarisation in 2009 – both failed for three main reasons: fiscal indiscipline allowing money supply to grow several times faster than GDP growth, greater pressure on forex markets by consumers rather than producers, and what appears a near insatiable desire by too many Zimbabweans for foreign consumer goods, especially luxury goods.