admin‘Forex auction system should inspire market’
The new foreign exchange management regime to be introduced by the Reserve Bank of Zimbabwe (RBZ) next week, which is based on an auction system, must have operational rules that inspire market confidence in order to work effectively, key business leaders have said.
Editorial Comment: RBZ auctions should stabilise prices
The Reserve Bank of Zimbabwe (RBZ) decision to switch from the interbank market, often an over managed market, to an auction system should produce a far more efficient market for exporters selling foreign currency and importers buying for their needs.
ZUJ condemns MDC-Alliance
THE Zimbabwe Union of Journalists (ZUJ) has condemned as “unacceptable”, the barring by MDC-Alliance hooligans of The Herald journalists from covering the troubled opposition party’s media conference in Harare yesterday.
United in continued fasting and prayer the way to go
The Bible, history, plus the experiences of many nations show that proclaiming a national day of prayer and fasting, such as the one led by President Mnangagwa earlier in the week, is one of the best initiatives that our nation has undertaken.
China-Africa Forum renews call to lift sanctions on Harare
AFRICAN countries and China have called on countries that have imposed illegal sanctions on Zimbabwe to lift the debilitating economic embargo so as to enable the country to fight the deadly coronavirus pandemic.
New mindset needed for tourism to rise from ashes
Tourism is a low hanging fruit that is very sensitive in times of world pandemics such as the coronavirus, also referred to as Covid-19.
Cement sector needs strengthening: PPC
THE country’s largest cement producer, PPC Zimbabwe, says urgent measures are needed to safeguard the viability of the local cement industry against the crippling impact of imported cement.
Phased reopening of polytechnics ‘imminent’
Polytechnic colleges are set to reopen in a few weeks, as Government is almost done with the clearing out of returnees that were being quarantined at such institutions across the country.
Mapeza feels Musona could have exploded in Europe
FORMER Warriors coach, Norman Mapeza, believes Knowledge Musona’s European adventure would have taken a different, and more successful path, had he not first landed in the German Bundesliga.