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Tobacco bale rejections down by 38%, farmers earn US$143m on day 17
Zim Now WriterThe number of tobacco bale rejections was 38% lower at this year's marketing floors compared to last year, progress which the Tobacco Industry and Marketing Board attributes to farmers’...
RBZ clarifies ZWL note usage during ZiG rollout
Nyashadzashe NdoroZIM NOW REPORTERThe Reserve Bank of Zimbabwe has assured the public that Zimbabwean Dollar notes will continue to be accepted as legal tender until April 30, 2024.This comes after co...
Caledonia’s Blanket Mine increases gold sales by 17%
Zim Now WriterCaledonia Mining Corp PLC has expressed excitement over production and increased gold sales increase at Blanket MineBlanket Mine gold sales rose 17% to 18 450 ounces sold during the firs...
Zimbabwe abandons auction system, shifts to market-driven exchange rate
RBZ Governor, John MushayavanhuNyashadzashe NdoroZIM NOW REPORTERThe Reserve Bank of Zimbabwe announced a significant shift in its foreign exchange policy, discontinuing the Foreign Exchange Auction S...
First Mutual delays release of financials due to ongoing IPEC dispute
Nyashadzashe NdoroZIM NOW REPORTERFirst Mutual Holdings Limited announced an extension for publishing its full-year financial results for 2023.The Zimbabwe Stock Exchange granted them a deadline exten...
CZI advises miners to ramp-up gold production as global prices rise
Audrey GalawuASSISTANT EDITORÂ The Confederation of Zimbabwe Industries has predicted a positive outlook for the country as higher earnings are projected due to a sharp rise in gold production.Statisti...
Zim’s economic reforms on the table in US$17.5 billion debt discussions
President Emmerson Mnangagwa welcomes former Mozambique president, Joaquim ChissanoNyashadzashe NdoroZIM NOW REPORTERFormer Mozambican President Joaquim Chissano on Monday met with Zimbabwean Presiden...
ZiG era: Will Zim break the ‘currency jinx’?
Nyashadzashe NdoroZIM NOW REPORTERAnalysts have raised concerns about transparency, public trust, and long-term sustainability of Zimbabwe’s new gold-backed currency, the Zimbabwe Gold.The government...
Zimbabwe Stock Exchange Makes Major Currency Switch
Nyashadzashe NdoroThe Zimbabwe Stock Exchange Limited and the Zimbabwe Stock Exchange Limited Depository (ZSE Depository) issued separate statements on Monday outlining adjustments to trading and sett...
Disaster risk management plan essential to improve agricultural productivity
Audrey GalawuThe World Economic Forum Current risk landscape in 2024 has extreme weather as number one risk globally.Zimbabwe is no exception with the current changing weather patterns with the rainy...