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Re-imposition of duty on basic goods a fair compromise, says CZR

Re-imposition of duty on basic goods a fair compromise, says CZR

 Audrey GalawuThe Confederation of Zimbabwe Industries has said the reintroduction of duty on basic commodities, effective February 1, 2024, has a 2-3% change impact which is deemed insubstantial and...

By Eddie Zvinonzwa •
Zim’s Gold Industry Glows in January with 25% Production Increase

Zim’s Gold Industry Glows in January with 25% Production Increase

Philemon Jambaya Zimbabwe’s gold mining industry defied rainy January conditions and surged forward, with deliveries to Fidelity Gold Refinery increasing by a remarkable 25% compared to the same perio...

By Eddie Zvinonzwa •
Govt to introduce gold backed currency

Govt to introduce gold backed currency

Finance, Economic Development and Investment Promotion Minister, Mthuli NcubeNyashadzashe NdoroThe government is set to introduce a gold backed currency that will be managed by a currency board, Finan...

By Eddie Zvinonzwa •
National Tyre Service Battles Currency Woes, Aims for Recovery

National Tyre Service Battles Currency Woes, Aims for Recovery

Audrey GalawuZimbabwe’s National Tyre Service grappled with a turbulent first half of its financial year, citing volatile exchange rates, foreign currency shortages, and power outages as major obstacl...

By Eddie Zvinonzwa •
ART Announces AGM Date, Grant Thornton appointed auditors

ART Announces AGM Date, Grant Thornton appointed auditors

Nyasha NdoroZimbabwe Stock Exchange-listed stationery, paper and batteries manufacturer, Amalgamated Regional Trading Holdings Limited will hold its 22nd Annual General Meeting on Thursday, 07 March 2...

By Eddie Zvinonzwa •
Mnangagwa Pushes for Faster Trade, Regional Rail, and Green Investment at Zim-Botswana Summit

Mnangagwa Pushes for Faster Trade, Regional Rail, and Green Investment at Zim-Botswana Summit

President Emmerson Mnangagwa has  called for swift action on key initiatives during the 4th Zimbabwe-Botswana Binational Commission Summit held in Maun, Botswana. His statements highlight crucial goal...

By Eddie Zvinonzwa •
CAFCA announces rise in export volumes as market remains steady

CAFCA announces rise in export volumes as market remains steady

Nyashadzashe NdoroListed cable manufacturer Cafca Limited has announced the rise in export volumes, citing that the markets have remained steady while foreign currency situation in Malawi has improved...

By Eddie Zvinonzwa •
Tobacco marketing season opening set for March 13

Tobacco marketing season opening set for March 13

Audrey GalawuThe Tobacco Industry and Marketing Board has announced the dates for the tobacco marketing season set for March 13.In a statement addressed to stakeholders, TIMB acting chief executive of...

By Eddie Zvinonzwa •
Mnangagwa exempts 21 state entities from public scrutiny

Mnangagwa exempts 21 state entities from public scrutiny

Nyashadzashe NdoroPresident Emmerson Mnangagwa has announced the exemption of 21 public entities from compliance with the Public Procurement and Disposal of Public Assets Act.The President on Thursday...

By Eddie Zvinonzwa •
31% water charges slash for farmers expected to boost production

31% water charges slash for farmers expected to boost production

Information Minister, Dr Jenfan MuswerePhilemon  JambayaA wave of relief and excitement is washing over Zimbabwe’s agricultural sector following the government’s announcement of a 31% reduction in wat...

By Eddie Zvinonzwa •