ASX says Zim can attract US$12bn over 5yrs
Golden Sibanda Zimbabwe has potential to attract foreign direct investment amounting to US$12 billion over the next five years, Australia Stock Exchange (ASX) listed miner and developer of the country’s…
Oil extraction to cut import bill
Africa Moyo THE country could cut significantly its import bill if oil is confirmed in Muzarabani, industrialists have said.
Foreign currency deposits highest in almost 2 years . . . Move a positive response to monetary policy
Kudzanai Sharara Foreign currency holdings in local banks reached their highest level in 21 months, data from the central bank for the month of November 2018 has shown.
Forex shortages strain Nampak Zim . . . Firm developing export markets for forex earnings . . . All units currently trading profitably
Kudzanai Sharara Limited availability of foreign currency to import critical raw material continues to constrain the country’s largest packaging company, Nampak Zimbabwe, resulting in failure to meet customer orders, managing…
RBZ Economic Review: What are numbers telling us
Taking Stock Kudzanai Sharara The latest Reserve Bank of Zimbabwe Economic Review for the month of November 2018 compared to the previous month of October makes interesting reading.
Pepsi to commission new can husk line
Michael Tome Soft drinks manufacturer Pepsi this week announced plans to commission a new can husk line as the firm intensifies efforts to maximise its share of the local beverage…
PPC in belt-tightening crusade
Michael Tome Cement producer, PPC Zimbabwe, is working on a cocktail of measures to ensure cash preservation and liquidity management to mitigate the prevailing economic situation in the country.
Privatisation: Lessons from Dairibord
Tawanda Musarurwa Zimbabwe has been looking to privatise several of its parastatals and state enterprises for almost two decades now, but the Government does not have to look too far…
Masiyiwa launches fund to support rural businesses
Business Writer Econet founder and executive chairman Strive Masiyiwa and wife Tsitsi have launched a $100 million Challenge Fund to support rural businesses and other entrepreneurs focusing on rural areas…
‘Zim policy changes show it is open for business’
Cape Town – Zimbabwe wants to emphasise that it is open for business, with several policy interventions to underline its intentions, according to Winston Chitando, the country’s Minister of Mines…











