Six percent growth rate still achievable despite late rains, Mthuli

Business Writer Finance, Economic Development and Investment Minister, Professor Mthuli Ncube, insists a growth rate of about 6 percent is still achievable this this year despite the country receiving late…

Thousands of workers face the chop at Triangle, Hippo

Business Writer Triangle Limited and Hippo Valley Estates, the local units of Tongaat Huletts, have started a process of staff rationalisation to cut costs and ensuring the long-term sustainability of…

fastjet Zimbabwe records US$4 million loss              

Business Writer FASTJET Zimbabwe reported a loss of US$4.0 million, with revenue per passenger dropping by 14 percent due to increased competition from more airlines on the Zimbabwe route following…

ZSE gains amid January effect as VFEX faces continued pressure

Tapiwanashe Mangwiro Trading on the Zimbabwe Stock Exchange (ZSE) on Monday saw mixed performances across key indices. The All Share Index edged up 0,23 percent to close at 208.84 points,…

Mixed reactions over currency stability in 2025

Business Writer Key economic stakeholders and some observers have expressed mixed reactions regarding prospects of currency stability in Zimbabwe as we move into 2025 with the majority anticipating a stable…

Money transfer agent, Mukuru launches mobile wallet in Zimbabwe

Business Writer Mukuru has launched Mukuru Wallet, a mobile wallet in Zimbabwe. The wallet offers several benefits, including two pockets for local and international transactions, secure fund storage and free…

Zimbabwe’s tourism sector poised for growth

Business Writer Improved destination connectivity and enhanced marketing are expected to significantly boost the performance of the tourism sector in 2025, Tourism and Hospitality Secretary Dr Takaruza Munyanyiwa said. Dr…

Treasury to restructure US treasury bonds

Business Writer Faced with substantial maturities of US dollar – denominated Treasury bonds this year, Government plans to restructure the securities to reduce debt to sustainable levels. According to the…

RBZ’s Targeted Finance Facility: “We are redistributing excess liquidity,” Mushayavanhu

Tapiwanashe Mangwiro The Governor of the Reserve Bank of Zimbabwe (RBZ), Dr John Mushayavanhu, has clarified the rationale behind the recently launched Targeted Finance Facility (TFF), emphasising the facility is…

MSMEs need help to register for tax

Last Word With the Finance Act passed and gazetted at the end of last year, the budget proposals of Minister of Finance, Economic Development and Investment Promotion Prof Mthuli Ncube…

×