RBZ invests sterilised funds in agriculture
ABOUT $1 billion of idle or reserve money that was reportedly used to speculate on currency trading has been invested in savings bonds and will no longer be available on … Read More
Author: Admin
July revenue 20pc above target
Government’s total revenue collection for the month of July topped $1,478 billion, 20 percent better than the set target of $1,236 billion as Government’s revenue collection interventions continue to bear … Read More
New Zupco fleet set for commissioning
President Mnangagwa will next week commission another batch of 66 buses from China, as Government continues equipping the resuscitated Zimbabwe United Passenger Company (ZUPCO) and expanding its fleet so it … Read More
Hippo Valley Estates misses deadline yet again
Sugar processor Hippo Valley Estates Limited has missed its fourth deadline — October 31, 2019 — to publish its audited financial statements for the year ended March 31, 2019. “The … Read More
Edgars’ sales decline
Edgars Stores Limited says it continued to experience a decline in products uptake in the half-year period to July owing to subdued consumer spending. Lately, consumers, have been struggling to … Read More
RBZ to inject $1 billion new coins, notes
Cash in circulation will slightly more than double over the next six months, as the Reserve Bank of Zimbabwe (RBZ) injects an extra $1 billion to satisfy legitimate demand for … Read More
Macro-economic challenges weigh down mining shares
Mining shares on the Zimbabwe Stock Exchange (ZSE) took a hit, reversing gains that were accrued in the past month, amid challenges including expected reduced output for 2019. The ZSE … Read More
ILO partners Mat’land North entrepreneurs
THE International Labour Organisation (ILO) has initiated a programme to empower disadvantaged women, youths and the disabled through capacitating them with business ideas with a bias towards environmental management. The … Read More
Private sector urged to market Brand Zimbabwe
THE private sector should support Government in positioning and marketing the country’s brand and goods across the globe, leveraging on digital transformation and knowledge-driven initiatives being spearheaded by the Second … Read More
Bread price slashed
SIMBISA Brands subsidiary, Bakers Inn Bakeries, has reduced to $14 the price of a loaf of bread from $15,75 in response to a Government subsidy in the supply of wheat. … Read More
