This means that a 1% depreciation could cause the fiscal deficit to widen by about US$20,68 million.

Huge debts with contracting firms also push growers into side-marketing. The cost of production also pushes growers to side-marketing.

Seed Co group chief executive officer Morgan Nzwere said research and development (R& D) would be vital for the business.

ZESA is involved in a number of initiatives that support the National Development Strategy 1 (NDS1), a driver of economic development.

During the period, corporates and pension funds held the most significant value on the CSD accounting for 34,58% and 27,82%, respectively.

SI 156 of 2023 renamed the Sovereign Wealth Fund of Zimbabwe to MIF and placed 20 state-owned enterprises (SOEs) under its management.

Mines deputy minister Polite Kambamura said the use of drones and artificial intelligence in the mining sector would be a game changer to the industry.

Statistics from the Reserve Bank of Zimbabwe (RBZ) point to a daily average of nearly ZW$50 billion being transacted through point-of-sale machines where bank cards are mostly used.

The official foreign currency exchange rate as at November 30 stood at US$1:ZW$5 791,08

A senior official with a leading healthcare professional body who asked for anonymity, said the sector was lacking advertising policies that were vital in promoting medical tourism.

Over the past years Zimbabwe was identified as one of the countries with thelowest investments globally, due to a number of macroeconomic factors.

Zimbabwe attracted foreign direct investment of about US$342 million in 2022.

Delta’s capitalisation was US$755,18 million at the end of 2023.