Zimbabwe to produce own buses, trucks
ZIMBABWE is working on revamping the manufacturing of buses and trucks locally to curb continued imports, which are contributing to a bloated import bill. Industry and Commerce Minister, Dr Sekai … Read More
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Blueprint to lay ground for sustainable growth — minister
The National Development Strategy (NDS), expected to usher in an era of sustained and shared socio-economic growth in line with Vision 2030, will soon be unveiled by Government. The strategy … Read More
Auction allots US$28,2m, Zimdollar eases 0,39pc
The Zimbabwe dollar eased by a marginal 0,39 percent against the US dollar in yesterday’s Reserve Bank of Zimbabwe (RBZ) foreign currency auction, with the exchange rate for US$1 shifting … Read More
Invictus oil project licence gets extension
THE Government has extended by a further three years the tenure of a Special Grant licence held by Invictus Energy for its oil and gas project in Muzarabani. Early this … Read More
Investor education roadshows on pipeline
PLANS are underway to roll out countrywide roadshows in a fortnight to educate the public and developing the culture of investing in financial markets The initiative is expected to dispel … Read More
Deboned meat imports drop by 73%
CUMULATIVE imports of mechanically deboned meat into Zimbabwe dropped by 73 percent to 370 tonnes in the first six months of the year, according to the Livestock and Meat Advisory … Read More
Poverty Datum Line jumps 4,1pc to $17 957
THE Poverty Datum Line (PDL) for an average family of five increased by 4,1 percent to $17 957 in September from $17 244,07 in August, official figures show. The latest … Read More
Betting companies evade tax
Many betting shops in Harare are transacting in foreign currency, but issuing all receipts in Zimbabwe dollars, which is legally a tax fraud. Most of these betting shops have been … Read More
Economic recovery to be difficult, slow: Old Mutual
Zimbabwe’s economic recovery is expected to be “difficult and slow” as prospects for re-engagement with the international community and access to capital seem more unlikely, according to insurance and property … Read More
Forex auction allots more than US$350m
More than US$350 million has been allotted towards various import requirements since the Reserve Bank of Zimbabwe (RBZ) introduced the foreign exchange auction system on June 23 this year, helping … Read More
