China extends US$2bln loans to Zim, pledges more support

China has committed to provide more loans, financial assistance and encourage further investments into Zimbabwe to strengthen already blooming bilateral ties after it extended US$2,5 billion in the last few years in the form of investments, loans and grants, a senior Chinese diplomat in Harare has said.

Lady Cheetah for Hernamus tourney

Zimbabwe’s national women’s sevens rugby side is set to travel to Cape Town in South Africa today for the inaugural Hermanus Women’s Rugby Tournament that kicks off this Saturday.

Dairy farmers mull artificial insemination

The Zimbabwe Association of Dairy Farmers (ZADF) will soon adopt artificial insemination for breeding to reduce the costs of importing heifers and dairy products from South Africa.

‘Export incentives good while they lasted’ . . . Central bank scraps export incentive . . . Industry to miss out on the $1 bn jackpot

Exporters are set to lose out on close to $1 billion worth of export incentives they were enjoying in the wake of the 2019 Monetary Policy Statement presented by Reserve Bank of Zimbabwe Governor Dr John Mangudya this week who said the incentives were no longer making sense in the current inflationary environment.

Sales revenue in the bag

The more control and visibility you have into your sales pipeline, the more revenue you’ll bring in an element which keeps sucking the client’s loyalty likened to a vortex.

Economists want US dollar floated

Kudzanai Sharara and Golden Sibanda Zimbabwean economists wantReserve Bank of Zimbabwe Governor Dr John Mangudya to increase foreign currency retention thresholds for exporters, libelarise the US dollar exchange rate and…

‘Investor interest in 2nd Zim fuel pipeline grows’

Golden Sibanda Several companies have expressed interest in constructing a second fuel pipeline from Beira, Mozambique to Harare in line with Zimbabwe’s plans to create a regional fuel distribution hub,…

Let market decide on currency forms: CEOs

From Tawanda Musarurwa in Victoria Falls The issue of currency reforms should be left to the market and Government should consider taking the matter to a national referendum, delegates to…

Stock Market Weekly Review

Enacy Mapakame The Zimbabwe Stock Exchange (ZSE) plunged further into the red for the third consecutive week as demand in market heavies continued to wane with three of the benchmarks…

Afdis reports 157pc earnings growth

Enacy Mapakame Spirits and wines maker, African Distillers Limited’s (Afdis) profit for the six months to December 2018, jumped 157 percent to $7 million from $2,7 million achieved prior year…

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