Rand firmer ahead of Moody’s rating decision

JOHANNESBURG – The South African rand firmed against the globally hobbled dollar early on Friday ahead of the country’s credit review announcement by ratings agency Moody’s later in the day.

KFC suspends Zim operations

HARARE – Popular fast foods outlet, KFC  on Thursday said it had suspended operations in Zimbabwe due to the  volatility of the foreign exchange market in the past week which…

United Refineries in bid to boost soya output

Michael Tome HARARE – United Refineries Limited has partnered with Zimbabwe Agriculture Development Trust (ZADT), Agribank, Commercial Bank of Zimbabwe (CBZ), ZB, and FBC to boost Soyabean production in the next eight…

OSAZ to set up oil processing plant

Kudakwashe Mhundwa HARARE – The Oil Seed Association of Zimbabwe says it is working on setting up an oil expressing plant in the country as part of its three year…

Zim mulls pension reforms

Zimbabwe is proposing pension reforms as it seeks to come up with an efficient pension system, according to a draft document compiled by the Insurance and Pension Commission.

Zim bailout beyond arrears clearance . . . Zidera a major stumbling block . . . Need for robust, fiscal and monetary reforms

Kudzanai Sharara Zimbabwe’s chances of accessing financial bailout are not only limited to arrears clearance to the international financial institutions amid indications the ongoing re-engagement efforts by the Government might…

SA automobile firm to set up plant in Zim . . . Firm specialises in catalytic converters . . . Platinum is the main component

Golden Sibanda in Bulawayo Zimbabwe has opened high level discussions with a major, but unnamed South African automobile parts producing company, which is interested in setting up a catalytic converters…

Zim recovery plan gets IMF, WB backing

Enacy Mapakame The International Monetary Fund and the World Bank on Wednesday, backed Zimbabwe’s debt clearance strategy and the country’s two-year economic stabilisation plan, according to Finance and Economic Development…

Curatorial development for Zimbabwe, region

From October 22-25, the National Gallery of Zimbabwe will host a Curatorial Development and Training Workshop that is targeted at university students, artists and graduate art students from Zimbabwean institutions…

Zimra ponders new tax structure for SMEs

Tawanda Musarurwa The Zimbabwe Revenue Authority (Zimra) is making representations to Treasury to review the tax structure for small and micro enterprises, the tax collector’s commissioner-general Faith Mazani said this…

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