Good agric season could boost bank’s lending
Good rains that the country has received this year will likely result in banks increasing their lending levels which have been below international benchmarks for the last couple of years. … Read More
Category: Zimbabwe
RBZ’s OMOs keeping money supply on tight leash
The value of open market operation bills that the Reserve Bank of Zimbabwe is using to mop up liquidity from the banking sector is currently standing at $4 billion, as … Read More
Treat forex as shared resource, exporters told
THE debate on the mandatory foreign currency liquidation threshold for exporters should be viewed from a balanced and developmental perspective given that a number of critical but non-exporting sectors of … Read More
One-stop border post could address Beitbridge chaos
Long delays recently resurfaced at Beitbridge Border Post, with travellers spending close to three days to access either South Africa or Zimbabwe. Among other factors, a bad work attitude among … Read More
Mineral revenues to pay white former farmers
Zimbabwe will use mineral earnings to partly compensate white farmers who lost farms during land reform programme and pensioners whose savings were wiped off during the conversion of values from … Read More
372% rates hike for Bulawayo residents
BULAWAYO residents will fork out more for services after Government approved Bulawayo City Council (BCC’s) over $16 billion 2021 budget. Rates have already increased by 372 percent with effect from … Read More
Dam levels rise to 62pc full
Zimbabwe’s major dams now hold 62 percent of their combined capacity, with some minor dams spilling while Tugwi-Mukosi Dam, the country’s largest interior water body is now over 70 percent … Read More
‘Mash Central most expensive province’
ONE person in Zimbabwe needed about $3 300 (US$40)a month, in order not to be deemed poor, according to latest data from the Zimbabwe National Statistical Agency (ZimSatat), with Mashonaland … Read More
Zim finalises tariff offer to AfCFTA
ZIMBABWE is finalising domestic processes regarding the Tariff Offer to be able to import and export under the historic African Continental Free Trade Area (AfCFTA), which began official trading last … Read More
‘Trade to move forward in 2021 despite Covid-19’
THE national trade and export development agency, ZimTrade says trade will move forward this year despite the existence of the Covid-19 pandemic as countries are learning to live with the … Read More
