HARARE – The Reserve Bank of Zimbabwe (RBZ) has provided an update on the two bureau de change that were suspended from operations earlier in the month. Cash Twenty Four and Crediconnect were flagged for money laundering and were...
Farai Mabeza
The national cattle herd decreased by 4.7 % from 5 774 525 in 2018 to 5 489 364 in 2019, according to the First Round Crop and Livestock Assessment Report for the 2019/2020 season done by the Ministry...
Farai Mabeza
Government has announced a price moratorium on basic goods after prices skyrocketed following the start of the COVID-19 lockdown at the beginning of April.
The moratorium was announced by Vice President Kembo Mohadi who blamed the increases on speculative...
Farai Mabeza
Tobacco sales are set to be held at different locations across the country after the government gazetted a new statutory instrument which gives the Minister of Lands, Agriculture and Rural Resettlement the authority to set up auction floors on...
Samuel Mapuranga
Zimbabwe’s five-year de-dollarization strategy leading up to the year 2024, which was un-procedurally released on Wednesday revealed that the country would phase out the issue of foreign currency such as US dollars for the payment of local transactions...
Tapiwanashe Mangwiro
HARARE - The ministry of Finance gazetted a new statutory instrument, which deals with fund administrators, principal officers, registration fees as well as financial results of pension funds.
For a person to be a fund administrator according to SI...
HARARE – The Reserve Bank of Zimbabwe has announced that it has completed the validation of foreign exchange applications submitted under the blocked funds framework.
The framework was announced in the monetary policy statement in February 2019. RBZ governor John...
HARARE – The 2019 Novel Coronavirus pandemic has dented any hopes of growth in 2020 with the International Monetary Fund also forecasting a gloomy global picture for the year. The Covid-19 pandemic is threatening to be more devastating than...
By Babatunde Omilola
Like every other pandemic that the world has experienced in the past, coronavirus will eventually come to an end. It will be defeated, and life return to normal. But it will teach us an important lesson: the...
HARARE – An average Zimbabwean family required at least $5,293 in February this year to meet its basic needs for it not to be deemed poor, a 17% jump from $4,492 the previous month, latest data shows.
The jump reflects...
