RBZ hikes bank policy rate
The Reserve Bank of Zimbabwe (RBZ) on Tuesday more than doubled the bank policy rate in order to curb speculative borrowing, support smooth functioning and sustainability of the foreign exchange … Read More
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City of Harare in parking fees climbdown
City of Harare has backtracked on its new parking tariff that would have seen motorists paying US$1 per hour for on-street parking. In a terse statement, the city said; “Council … Read More
PPPs to revamp embassies : SB Moyo
Public-private partnerships (PPPs)are seen as a way to repair and revamp Zimbabwean embassies, while the Ministry of Foreign Affairs and International Trade is pushing hard to pay arrears in diplomats’ … Read More
Electricity supplies improve countrywide
THE country’s electricity supply has improved in the past few weeks with consumers confirming the reduction in the power outages. While complaining about what they view as “steep” charges, following … Read More
Ageing water infrastructure haunts Zinwa
THE Zimbabwe National Water Authority (Zinwa) requires about $50 million to revamp its ageing water infrastructure countrywide. Zinwa manages most of the country’s dams and is responsible for bulk raw … Read More
Schweppes introduces new products
DIVERSIFIED beverages producer, Schweppes Zimbabwe Limited, has introduced new fruit drink products into the market as part of its growth strategy and widening the customer base. The move is expected … Read More
Zimbabwean born top PIC executive fired
The Public Investment Corporation has terminated the employment contract of Executive Head of Listed Investments Fidelis Madavo, it said in a statement on Monday. Madavo was suspended on 22 January … Read More
All set for 2020 infrastructure summit
The Infrastructure Summit and Expo 2020 is expected to kick off tomorrow in the resort town of Victoria Falls, with participants expected to exchange notes on how to tackle this … Read More
US$4k for grant fees: ZimParks
The Zimbabwe Parks and Wildlife Management Authority (ZimParks) has defended the charging of “high” special grant fees for miners to access mineral rich claims within its camps saying the money … Read More
‘Zim can be net energy exporter’
INVICTUS Energy, the Australian Stock Exchange (ASX) listed company says the discovery of gas and oil will end power shortage, generate significant export revenue, stop energy imports and save Zimbabwe … Read More
