Localisation of tobacco funding hits 67 percent

Muchaneta Chimuka Agriculture Correspondent Zimbabwe’s tobacco industry has achieved 67 percent of its 70 percent target to localise the financing of local tobacco by 2025.

RBZ is committed to a tight monetary policy-IH Securities

Business Reporter THE 2026 Monetary Policy Statement demonstrates continuity in tight monetary management, as the Reserve Bank of Zimbabwe (RBZ) gradually deepens ZiG usage and lowers banking costs, analysts say.…

Nairobi becomes pilot hub for Africa’s new instant cross-border payment switch

Business Reporter Kenyan businesses and individuals are set to benefit from significantly cheaper and faster regional trade following a landmark partnership between Pesalink and the Pan-African Payment and Settlement System…

Afreximbank increases caribbean financing limit to US$5 billion

Kudzanai Sharara The African Export-Import Bank (Afreximbank) has announced a significant escalation of its financial support for the Caribbean, raising its regional financing limit from US$3 billion to US$5 billion.…

RBZ pledges to safeguard single-digit inflation amid Middle East tensions

Judith Phiri [email protected] THE Reserve Bank of Zimbabwe (RBZ) Governor, Dr John Mushayavanhu, has said monetary authorities are determined to maintain the country’s low inflation rate despite potential risks arising…

All set for the opening of the 2026 tobacco marketing season

Precious Manomano Herald Reporter ALL is set for the official opening of the 2026 tobacco marketing season tomorrow, with most farmers across the country making final preparations in anticipation of a…

Bureau Veritas blocks 200 million hazardous products from entering Zimbabwe

Business Reporter MORE than 200 million units of substandard and potentially life-threatening products have been intercepted and blocked from entering the Zimbabwean market, a senior official has revealed. The staggering…

HIT proposes AI, blockchain to guard national supply chains

Business Reporter THE Harare Institute of Technology (HIT) has declared war on the proliferation of counterfeit goods, unveiling a sophisticated technological roadmap to insulate Zimbabwe’s economy from a “scourge” that…

RemitHope launches campaign to raise US$200 000 for 10 provincial education hubs

Business Reporter Social impact platform, RemitHope, has launched a bold US$200 000 national fundraising campaign, Educating for Tomorrow, aimed at turning vulnerability into opportunity. The eight-week campaign seeks to equip…

‘ZiG trust must be earned’

Nelson Gahadza-Senior Business Reporter RESTORING confidence remains the cornerstone of the country’s Monetary Policy framework, while trust in the local currency cannot be legislated, but must be earned through sustained…

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