There is a need to balance reserves and forex market

Economy Uncensored with          Tapiwanashe Mangwiro In the complex world of Zimbabwe’s economy, the balancing act performed by the Reserve Bank of Zimbabwe (RBZ) between growing reserves…

Low investment in R & D stunting Sadc industrialisation

Oliver Kazunga The Southern African Development Community (SADC) faces significant hurdles in achieving its industrialisation goals due to insufficient investment in research and development (R& D), according to the bloc’s…

Old farmers lead in agriculture loans default

Martin Kadzere Zimbabwe’s agricultural sector could be facing a growing crisis due to an aging farming population, according to a study by CBZ Agro-Yield, a leading local agricultural financier. An…

Afreximbank VP sounds alarm on project preparedness

Business Writer Africa Export-Import Bank (Afreximbank) executive vice president – Finance, Administration and Banking, Denys Denya, has expressed deep concern over the lack of preparedness among Zimbabwean firms seeking funding…

Restrictive regulations choke SADC FDI

Business Writer The Southern African Development Community (SADC) region has been grappling with a persistent challenge: attracting foreign direct investment (FDI). A joint investment scorecard project by the World Bank…

Masundire takes reins at Mashonaland Holdings

Business Writer In a leadership transition, Mashonaland Holdings Limited has appointed Kudakwashe Musundire as the new managing director, effective from August 1, 2024.  This appointment marks a pivotal moment for…

About Proplastics

Proplastics Limited, (formerly a subsidiary of Murray and Roberts and later Masimba Holdings Limited) is the only Zimbabwean plastic pipes and fittings manufacturer listed on the Zimbabwe Stock Exchange since…

Tourism receipts up 35pc to US$241m during first quarter

Business Writer Zimbabwe’s tourism receipts are estimated to have increased by 35 percent to US$241 million in the first quarter of the year 2024 from US$178 million in the same…

Fiscalisation of fuel sales to curb tax evasion

Tapiwanashe Mangwiro In a bid to tighten its grip on tax evasion and improve transaction transparency, Treasury has mandated the fiscalisation of domestic fuel sales. The new policy, which comes…

Treasury pays US$356 million for maturing TBs

Tapiwanashe Mangwiro Treasury has paid over US$356 million for maturing Treasury Bills (TBs) in the first half of 2024, according to Finance, Economic Development and Investment Promotion Minister, Professor Mthuli…

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