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RBZ raises cash withdrawal limits

RBZ raises cash withdrawal limits

Zim Now WriterThe Reserve Bank of Zimbabwe’s Financial Intelligence Unit has directed banks to increase cash withdrawals for individuals from $5 000 to $15 000 per week and corporates from $100 000 fr...

By Eddie Zvinonzwa •
No to lithium ore exports, yes to beneficiation - Minister Chitando

No to lithium ore exports, yes to beneficiation - Minister Chitando

Minister Winston ChitandoZim Now WriterMines and Mining Development Minister Winston Chitando has further buttressed the fact that  Zimbabwe is determined to retain more of the value in lithium throug...

By Gilbert Munetsi •
Senior WB executive predicts modest growth of Zim's economy in 2023

Senior WB executive predicts modest growth of Zim's economy in 2023

Stella IllievaZim Now WriterThe World Bank believes Zimbabwe’s economy will grow at a modest rate this year against a weakening global economic growth outlook.The sentiments were expressed by World Ba...

By Gilbert Munetsi •
Zera reduces price of LPG

Zera reduces price of LPG

Zim Now WriterThe Zimbabwe Energy Regulatory Authority has reduced the prices of Liquid Petroleum Gas with effect from yesterday, in a move that will bring smiles on most domestic consumers who have t...

By Eddie Zvinonzwa •
Zim economy set for moderate growth in 2023, says WB

Zim economy set for moderate growth in 2023, says WB

Zim Now WriterThe World Bank has said Zimbabwe’s economy is projected to grow at a modest rate in 2023 against a weakening global economic growth outlook.World Bank Senior Economist for Zimbabwe, Stel...

By Eddie Zvinonzwa •
NRZ given 30-day ultimatum to clear a US$9.6m debt

NRZ given 30-day ultimatum to clear a US$9.6m debt

Zim Now WriterBelgian company Hethimex, has given the struggling National Railways of Zimbabwe a 30-day ultimatum to pay its US$9.6 million debt or face legal action.The debt arose in 2003 when the Be...

By ZimNow Reporter •
Chipo Mtasa appointed Air Zim Board chair

Chipo Mtasa appointed Air Zim Board chair

Dr Chipo MtasaZim No WriterFormer managing director of State-owned telcoms company, TelOne, Dr Chipo Mutasa, has been appointed as the new board chairperson of national airline, Air Zimbabwe, with imm...

By Eddie Zvinonzwa •
Gold production up 1% at Blanket mine

Gold production up 1% at Blanket mine

Zim Now WriterCaledonia Mining Corporation has recorded an increase in gold reserves by 1% to 395,000 ounces at Blanket mine in Matabeleland South.The total measured and indicated resources estimate a...

By Gilbert Munetsi •
Economic effect of Lukashenko's state visit to Zimbabwe estimated at $200m

Economic effect of Lukashenko's state visit to Zimbabwe estimated at $200m

BelTA – The total economic effect from the state visit of Belarus President Aleksandr Lukashenko to Zimbabwe is estimated at roughly $200 million, BelTA learned from Belarusian Minister of Foreign Aff...

By Monica Cheru •
Chicken Slice are our ‘Little brothers’, says Simbisa MD

Chicken Slice are our ‘Little brothers’, says Simbisa MD

Zim Now WriterSimbisa Brands managing director Warren Meares has claimed that Chicken Slice which is headed by businessman Tawanda Mutyebere cannot be regarded as a competitor to Chicken Inn.Meares be...

By Eddie Zvinonzwa •