High premiums increase demand for cash
WITHOUT addressing high premiums, it is very difficult for the country to deal with the high preference for cash, a financial expert has said. Speaking to NewsDay on Friday, financial … Read More
Author: Bulls n Bears
Govt relaxes export regulations
THE government has trimmed down the list of products that require export licences under the ease of doing export business-rapid results initiative (RRI) launched last year, ZimTrade has revealed. In … Read More
Allied targets return to breakeven, profitability
STATE owned timber producer and processor, Allied Timbers, anticipates a return to profitability next year, the first time in nearly 10 years. However it must first achieve its target to … Read More
Fertiliser firms to get revolving fund
Government through the National Social Security Authority (NSSA) is set to create a revolving fund for local fertiliser manufacturers, which will enable consistent supply of the key agriculture input. Public … Read More
Govt calls miners to order
GOVERNMENT says it important for syndicate miners to follow the law in their quest for mining claims, particularly from mining firms that ceased operations some time ago. This comes as … Read More
NicozDiamond offers insurance cover for small business
Recent years have seen the rise of small indigenous businesses in Zimbabwe. Most of these businesses are usually managed and run by the owners leading to little separation between the … Read More
Bulawayo to host Intombi awards for young businesswomen
RADIO personality Ruvheneko Parirenyatwa and ex Muvhango actor Lesley Musina who played Ndalamo will next month host the Intombi Young Women In Business Awards pencilled for Bulawayo’s Nesbitt Castle. The … Read More
Vandalism costs Zesa over $4 million
THE Zimbabwe Electricity Transmission and Distribution Company (ZETDC) says it has lost infrastructure worth $4,1 million to vandalism and theft from January last year to August this year. More than … Read More
US dollar to bond note exchange rate remains 1:1, says Mangudya
THE official United States dollar to bond note exchange rate remains 1:1 and members of the public should use licensed financial agencies in conducting their monetary exchange transactions, the Reserve … Read More
RBZ unearth malpractices in banks, tellers under fire
THE Reserve Bank of Zimbabwe has unearthed malpractices in the banking sector that could be fuelling cash shortages in the country. RBZ Governor Dr John Mangudya yesterday said a recent … Read More
