HARARE - Finance Minister Mthuli Ncube has scrapped the VAT on pre-packaged rice imports following President Mnangagwa's intervention on the long-standing dispute.
The measures will be applied on pre-packed packages of less than 25kg for retail sale, semi-milled or wholly-milled...
HARARE - The International Monetary Fund says Zimbabwe will most likely enter into a new Staff Monitored Programme in the third quarter if the virtual mission set for June is successful.
This will be the second SMP by the current...
View of the city from Meyrick Park, Harare. (Flickr/Jonathan N. Wakeling)
On Thursday, May 13, the Africa Center hosted a Zimbabwe roundtable, in partnership with the Eastern and Southern African Trade and Development Bank, featuring perspectives from government and the...
Staff Writer
BULAWAYO – The Treger Products Group has re-invested close to US$37 million into the business since 2010 with a focus on modernising its production units to keep with global industrial technological standards and to meet domestic and export...
HARARE - There was another record allotment on the Reserve Bank of Zimbabwe's auction system on Tuesday but the local currency continued to crawl within the 84 band. The local currency depreciated by 0.0418% against the US dollar from...
RW Johnson
The increasing threat posed by Ansar al Sunnah jihadists in Mozambique’s northernmost province of Cabo Delgado finally caused major international concern after the ISIS-linked insurgents attacked the town of Palms on March 24.
The Americans, the Portuguese and others...
HARARE - Reserve Bank of Zimbabwe says it has cleared the allotments backlog on the foreign currency auction system after it released US$100mln into the market last Friday. The auction backlog was stretching for up to six and seven...
HARARE - Zimbabwe platinum production rose 11% in the first quarter to 120koz while it is estimated to grow 2% to 457koz in the full year (2021).
According to the latest global platinum production report from the World Platinum Council,...
Davison Kaiyo
HARARE – Reserve Bank of Zimbabwe (RBZ) has disbursed USD1.17 billion since the auction started in June last year with Bakhresa group-owned Blue Ribbion topping the list of beneficiaries having accessed over USD17 million over the 10 months’...
Imani Countess
This is “no longer business as usual,” declares Peter Mutasa, President of the Zimbabwe Congress of Trade Unions (ZCTU). “Unions are going to be united.”
According to Mutasa, the situation in the country is dire, with basic salaries at...
