The Reserve Bank of Zimbabwe (RBZ) announced a $200 million bond notes issue to provide a fiscal buffer against cash shortages. (more…)
LOWER power tariffs are key to sustainable growth in the base metal industry particularly the chrome sector, Chamber of Mines vice-president, Batirai Manhando has said. (more…)
LOCAL economic analyst, Believer Mhlanga has urged Zimbabweans to invest in assets in order to hedge against government’s planned introduction of bond notes and avoid losing their life savings, as happened in the 2006 to 2008 period. (more…)
ZIMBABWE’S economy will grow by 1,6% this year on the back of anticipated expansion in three sectors, including the financial industry, a new report has shown. (more…)
ZIMBABWE Consolidated Diamond Company (ZCDC) produced 387 551 diamond carats and sold 362 238 of them realising $19,7 million in gross turnover, two months into operation, figures from the Mines ministry show. (more…)
Demand for rental space in the central business district is on the decline, with Old Mutual recording 60% voids in occupancy levels. (more…)
ZIMTRADE, the country’s export promotion body, has trained over 200 women entrepreneurs in Zimbabwe since 2014 in export readiness, opportunities, as well as selling skills, so they become effective exporters, an official has said.
A NEW management is set to take over Spar Zimbabwe in an exercise, which is expected to take three months to finish.
Gold output is envisaged to increase to 50 tonnes by 2020, generating $1,8 billion annually, a mining executive has said.
An injection of $2,8 billion into the platinum sector will see output rising by more than half to 20 tonnes annually in five years, Platinum Producers Association chairman, Winston Chitando says.