FinX
HARARE – One of the essential requirements for a fast-growing modern economy is an adequate supply of electricity, and a supply that is expanding as fast as the economy is growing. This needs careful planning considering the long lead...
Sydney Kawadza
Exports from Harare to Dubai went up significantly, with more than 2 000 tonnes of cargo having been moved between the two cities in the past year through the Emirates Airlines’ SkyCargo.
According to the airline, latest figures show...
HARARE - (Finx) - Packaging manufacturer, Nampak Zimbabwe says settlement of electricity bills in foreign currency is milking the industry as it does not match the exporting levels.
Last month, Zimbabwe officially gazetted a directive which requires exporting companies to...
Staff Writer
Kudakwashe Tagwirei’s Sakunda Holdings is sweating over US$48 million that it owes to its London-Stock Exchange listed technical partner, Aggreko accumulated from the now defunct Dema Diesel Power Generation plant.
The Anchor is reliably informed that Sakunda has been...
HARARE – (FinX) Zimbabwe narrowed its trade deficit in the year to October to US$296.42 million from US$743 million in September after improved exports in October boosted by tobacco and nickel values. The country however still needs to do...
Farai Mabeza
PAN-AFRICAN housing finance institution, Shelter Afrique, approved a total of US$20m for Zimbabwean housing finance providers during the year, managing director Andrew Chimphondah has said.
Chimpondah told the media at the opening of Shelter Afrique’s Centre of Excellence Masterclass...
Farai Mabeza
Government and Pan-African housing finance institution Shelter Afrique are in the process of designing an agreement to build 3 000 low cost housing units in Zimbabwe, a Cabinet Minister has said.
National Housing and Social Amenities Minister, Daniel Garwe...
Staff Writer
Zimtrade has signed a memorandum of understanding with Dutch senior expert consultancy PUM to grow horticultural exports, but the Dutch organisation is demanding expedition of land bankability by Harare as part of enablers for the strategic deal.
PUM is...
By Munyaradzi Doma
The Harare City Council plans to introduce a 20 percent infrastructure development levy on all new developments effective this January to enable them to fund road programmes.
The 20 percent infrastructure development levy will be used as a...
HARARE – (FinX) As part of efforts to eliminate the black market for foreign currency and contain inflation in the process, Government will soon require those who import goods to officially declare sources of foreign currency. لعبه الباصره
Zimbabwe...
