Zim needs US$2,5bn to dump forex market
Zimbabwe will continue with the auction system as a primary platform for exchange rate discovery and trading of foreign currency for as long as it does not have sufficient reserves … Read More
Author: Bullszimbabwe
We are suffocating, decry exporters
Manufacturers want authorities to revert to a lower export earnings surrender threshold, arguing the prevailing liquidation level has suffocated exports and removed all incentives to export. The central bank’s Monetary … Read More
Boustead Beef demands $3,5bn from CSC
Boustead Beef, the British company that entered into an agreement with Government to revive Cold Storage Company (CSC), submitted over $3,5 billion in claims to the company at the first … Read More
First Capital disrupts digital banking
First Capital Bank has recently introduced two enhanced digital capabilities that will positively reshape the customer’s online banking digital experience. To create an easier customer service journey, they have launched … Read More
Production constraints, Covid-19 weigh down RioZim
Diversified mining group, RioZim has announced a 27 percent decline in gold production as some constraints at its linchpin Cam & Motor Mine affected 2020 output. The group’s gold production … Read More
Important safeguards when buying a house stand
When buying stands the first point of call is council, then Deeds Office and Surveyor General. Owning a piece of real estate is an exciting part of life for many … Read More
First quarter economic review
The country would be able to harvest enough to take it to the next agricultural season following the good rains with an expected harvest of as much as three million … Read More
Stock Market Weekly Review
After last week’s attempt to rally towards previous record levels, the Zimbabwe Stock Exchange’s market capitalisation stumbled this week and closed 4.1 percent lower $509.9 billion. Market watchers believe the … Read More
Stakeholders target 60pc increase in tobacco production
Zimbabwe’s 2021 tobacco selling season officially opened on Wednesday, with Government setting an ambitious target of increasing production to 300 million kilogrammes, indicating an average 60 percent increase in production … Read More
ZIDA to prioritise domestic investment
Notwithstanding its key mandate to drive direct foreign investment into Zimbabwe, the nascent Zimbabwe Investment Development Agency (ZIDA), will also focus on clearing the path for domestic investment. This is … Read More
