adminRBZ raises travel allowance to $2 000
Africa Moyo Business Reporter— THE Reserve Bank of Zimbabwe (RBZ) has increased the amount of foreign currency an individual can carry outside the country to $2 000 with immediate effect. RBZ had…
Zimra surpasses July revenue target by 11pc
Business Reporter— The Zimbabwe Revenue Authority (Zimra) continues to enjoy the benefits of various initiatives it has been implementing to increase revenue collection with gross collection for July surpassing the…
Southern Granite invests $1,9m in machinery
Kudakwashe Mhundwa Business Reporter Granite rock processor, Southern Granite (Pvt) Ltd has invested $1,9 million in machinery, which will double its production. In an interview with The Business Herald on the sidelines…
Maize deliveries hit 450 000t
Livingstone Marufu Business Reporter Grain deliveries to the Grain Marketing Board for the 2016 /17 farming season have tripled to 450 000 tonnes compared to the corresponding period, a senior Government…
Potraz to roll out multi-million dollar project
The Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz) yesterday said it will soon be rolling out a multi-million dollar project under the Universal Services Fund (USF). The project will provide…
Vakayi Capital makes first investment in Zim
Business Reporter Vakayi Capital, a venture capital firm, has availed about $400 000 to Homelux Property Development which will go towards the development of residential stands in Tynwald Harare.
Rising demand drives up avocado prices in US, Mexico
Business Reporter According to Asiafruit Magazine of May 2017, soaring global demand has pushed avocado prices to their highest level in almost 20 years. This follows a reduction in output from…
Board evaluation for effectiveness
By ZimCode Secretariat Chapter 3 of the ZimCode addresses Board of directors. This chapter highlights that the Company’s business is managed under the direction of the Board of Directors. The Board’s role…
Hwange Colliery partners European firm
Business Reporter COAL miner Hwange Colliery Company Limited has selected a European company to conduct exploration and drilling at its new concession in western and Lubimbi fields in Hwange. Managing director…
Zimplats spends $36m on redevelopment
Business Reporter THE country’s largest platinum producer, Zimplats Holdings Limited has spent $36 million on the redevelopment of its Bimha Mine which was closed in August 2014, as it seeks…