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India proposes 15 pc retaliatory duties on 22 items imported from UK

India proposes 15 pc retaliatory duties on 22 items imported from UK

 Synopsis:In a communication to the World Trade Organisation (WTO), India said it is estimated that the safeguard measures taken by the UK on steel products have resulted in the decline of exports to...

By Zim Now Writer •
Zim attains US$ 2,7 billion foreign exchange surplus

Zim attains US$ 2,7 billion foreign exchange surplus

HighlightsForeign exchange rate premium declined from of 140% in May 2022 to current levels of between 5% and 15%,Foreign currency receipts increased 32.4% increase from US$5.8 from same period in 202...

By Zim Now Writer •
20 newly discovered Zim diamond deposits up for grabs

20 newly discovered Zim diamond deposits up for grabs

Russian miner Alrosa PSJC will only be allowed to work two of the newly discovered deposits, leaving the other 20 available for other investors, the Zimbabwean government has said.This was said by the...

By Zim Now Writer •
IMF rules out new loans for RBZ

IMF rules out new loans for RBZ

 The International Monetary Fund has said that it will not be offering fresh funding to the Reserve Bank of Zimbabwe as the country is overextended.IMF is “precluded from providing financial support t...

By Zim Now Writer •
Upcoming fair to avail opportunities for Zimbabwean youths

Upcoming fair to avail opportunities for Zimbabwean youths

 The Chamber of Chinese Enterprises in Zimbabwe in partnership with Stanbic Bank Zimbabwe will host a job fair next month to give local youth the opportunity to find jobs within Chinese firms and othe...

By Zim Now Writer •
Food prices stabilising faster than other groups: Zimstat

Food prices stabilising faster than other groups: Zimstat

Zim Now WriterThe Food Poverty Line (FPL) for one person now on $20,818.00Increase of 1.7 percent over August 2022 figure of $20,461.07The Total Consumption Poverty Line (TCPL) now on $27,298.00increa...

By Zim Now Writer •
Time to decolonise property laws in Africa

Time to decolonise property laws in Africa

Charles DhewaPensioners stuck in poverty while on valuable real estateUrban consumers no longer reliant on rural areas for food productionAbout $600 billion worth of food lost harvest process annually...

By Zim Now Writer •
Much-anticipated Muzarabani exploration drilling campaign starts

Much-anticipated Muzarabani exploration drilling campaign starts

Two prospects are under way starting with giant Mukuyu-1 prospectExploration drilling is now under way on a much-anticipated Mukuyu-1 onshore oil and gas play in Muzarabani.The operator Invictus Energ...

By Zim Now Writer •
Amid green rush, China’s biggest cobalt refiner expects Zimbabwe lithium project to deliver early next year

Amid green rush, China’s biggest cobalt refiner expects Zimbabwe lithium project to deliver early next year

 ·         Zimbabwe has had a lithium rush, with Chinese companies making multimillion-dollar acquisitions to secure lithium supplies amid worldwide race to go green·         Analyst says future short...

By Zim Now Writer •
Government moves in to investigate FML Assets Separation

Government moves in to investigate FML Assets Separation

FML chairman Amos ManzaiGovernment has appointed investigators to carry out a forensic audit to assess if First Mutual Life broke the law on separation of insurance and pension businesses."The regulat...

By Zim Now Writer •