US$795m allotted to industry to date: RBZ
A TOTAL of US$795 million has been allotted to the productive sector since the introduction of the weekly Foreign Currency Auction Trading System in June last year, Reserve Bank of … Read More
Author: Bullszimbabwe
More Seed Co investors agree to surrender fortunes
A FURTHER block of investors holding a combined 7% shareholding in the Zimbabwe Stock Exchange (ZSE)-listed seed breeding group, Seed Co Limited (SCL) have accepted a proposal to have their … Read More
RBZ unveils 2021 Monetary Policy Statement …sets below 10% annual inflation target …
RESERVE Bank of Zimbabwe (RBZ) Governor, Dr John Mangudya, has unveiled his 2021 Monetary Policy Statement, which targets an ambitious 10 percent annual inflation by the end of the year … Read More
AfDB, JICA sign US$668 million loan agreement
THE African Development Bank (AfDB) through its concessional arm, the African Development Fund and the Japan International Cooperation Agency have signed a US$668,1 million loan agreement to support the 15th … Read More
More trucks now using Zimbabwe for transit
THE volume of commercial trucks using Beitbridge Border Post is increasing as transporters are avoiding the Botswana transit route due to strict Covid-19 screening. The Botswana government is reportedly retesting … Read More
Withdrawal limits, lending rates go up
THE Reserve Bank of Zimbabwe (RBZ) has increased withdrawal limits to $2 000 from $1 000 and reviewed upwards the bank policy and private sector lending rates as part of … Read More
Victoria Falls council okays informal traders
SOME informal traders in Victoria Falls have resumed business after the city council allowed them back to their vending stalls following pronouncement by President Mnangagwa for informal businesses to reopen. … Read More
New envoys keen on re-engagement, trade
Four new ambassadors presented their credentials to President Mnangagwa at State House yesterday and called for a deepening of ties between their countries and Zimbabwe, especially in the economic field. … Read More
RBZ increases bank policy rate
THE Reserve Bank of Zimbabwe (RBZ) has hiked its bank policy rate, against which banks benchmark interest rates, from 35 to 40 percent, as part of new policy measures announced … Read More
Invest in decontamination, property owners urged
PROPERTY owners risk undervaluing their premises if they do not invest in decontamination and pest control services, an expert has said. As the economy gears for reopening to accommodate full … Read More
