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- businessweekly
- October 26, 2018
- 889 views
Parallel market, a crisis of money oversupply – RBZ Deputy Governor
HARARE – The parallel market crisis that the government is battling with emerged nearly five years ago when the previous government began using more money than it actually had and …
- businessweekly
- October 26, 2018
- 403 views
G7 nations ready to bail out Harare
Golden Sibanda Zimbabwe is expected to secure funding assistance from bilateral partners within the Group of 7 (G7) wealthiest countries to clear its $2,1 billion arrears to the African Development…
- businessweekly
- October 26, 2018
- 293 views
Mthuli backs 1:1 US exchange rate . . . $500m enough to back RTGS balances
Africa Moyo Government says it is committed to guaranteeing the 1:1 conversion rate between the US dollar and RTGS balances, adding the $500 million obtained from the Afreximbank to back…
- businessweekly
- October 26, 2018
- 324 views
Mthuli raises red flag over Command Agric . . . Concerned about high default rate . . . Call for revisiting funding model
Kudzi Sharara and Martin Kadzere Finance and Economic Development Minister Mthuli Ncube has raised a red flag over high default rates by farmers financed under Command Agriculture after the Government…
- businessweekly
- October 26, 2018
- 209 views
Seed Co eyes import substitution
Tawanda Musarurwa Listed seed producer Seed – Co says it intends to focus on import substitution of critical agricultural products to reduce demand for foreign currency for imports.
- businessweekly
- October 26, 2018
- 296 views
Unki platinum output up 13pc in Q3
Enacy Mapakame Midlands-based platinum miner, Unki Mine’s output increased by 13 percent to 22 400 ounces during the third quarter to September 30, 2018.
- businessweekly
- October 26, 2018
- 187 views
Tongaat, small-scale farmers standoff: State intervenes
Business Writer Government is hoping the protracted dispute over Division of Proceeds (DOP) between Lowveld sugar producer Tongaat Huletts Zimbabwe and hundreds of outgrower cane farmers will be resolved soon…
- businessweekly
- October 26, 2018
- 245 views
Zimbabwe must re-dollarise and fast!
Clive Mphambela Before the official adoption of the multi-currency system in January 2009, the Zimbabwean economy had been battered by hyperinflation, high and unsustainable budget deficits; a growing balance of…
- businessweekly
- October 26, 2018
- 242 views
ASX-listed firm seeks more lithium in Zim . . . Wants Special Economic Zone (SEZ) status . . . On course to start production by June 2019
Golden Sibanda Prospect Lithium Zimbabwe (PLZ) has commenced further exploration for lithium deposits over an area within the 200 kilometre radius of its Arcadia project near Harare to expand the…
- businessweekly
- October 26, 2018
- 324 views
Zim named among top tourist destinations
Enacy Mapakame The tourism industry’s targets of becoming a multi-billion dollar revenue sector got a major boost this week after Zimbabwe was ranked third best tourist country to visit in…