Single currency would be more stable
The mid-term monetary policy review published at the end of last week shows the fundamentals of monetary policy are being maintained at the sort of levels required by a functioning … Read More
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WBWS system fails to address forex, exchange rate challenges
Business and economic analysts have called for the Reserve Bank of Zimbabwe (RBZ) to adopt a truly market-driven exchange rate, arguing the current Willing-Buyer-Willing-Seller (WBWS) system, despite its purported market-based … Read More
Our economy needs robust tax system — Zimra
THE Zimbabwe Revenue Authority (ZIMRA) says it needs a robust and modern tax system to handle taxation in a complex economy such as Zimbabwe’s. This entails further capacitation with the … Read More
Invictus discovers prospective oil resource in Muzarabani
AUSTRALIAN energy firm, Invictus Energy Limited, says it has discovered a prospective resource of 184 million barrels of oil condensate at its Cabora Bassa project in the northeastern part of … Read More
Forex not legal tender: Veritas
LEGAL think-tank, Veritas, says foreign currency has not been legal tender in Zimbabwe since 2019, amid fears its usage could be abruptly ended. President Emmerson Mnangagwa last year extended the … Read More
President Mnangagwa meets China Rail International Group
IN a pivotal meeting, President Emmerson Mnangagwa met with the China Rail International Group, led by Chairman Bi Yanchun, on September 3, 2024. Discussions focused on potential collaborations in infrastructure … Read More
ZimTrade attends Indonesian-Africa Forum to boost Zimbabwean exports
ZIMTRADE, Zimbabwe’s national trade development and promotion body, is in Indonesia participating in the Indonesian-Africa Forum.The organisation aims to showcase local products and enhance export opportunities into Indonesia, a market … Read More
Firms urged to take advantage of the UK-Zim Business Expo
Kapesa said that the event is open to people from different countries across the world, but with huge benefits for Zimbabweans based locally and abroad.ORGANISERS of the UK-Zimbabwe Business Expo … Read More
RBZ makes U-turn on outstanding surrender, auction payments
In his maiden Monetary Policy Statement in April, RBZ governor John Mushayavanhu said all outstanding payments for foreign exchange purchased under the surrender requirement and outstanding auction allotments would get … Read More
Resurgent iron and steel sector eases reliance on imports
THE positive growth of Zimbabwe’s mining sector and improved quality of products from the iron and steel industry is fast pushing demand for local products up and experts commend the … Read More
