Belinda Chiroodza
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Praz honoured with quality management certificate
Government is instituting several reforms to the public procurement processes to plug leakages and ensure contracts are awarded on merit.
By Belinda Chiroodza
Aug. 9, 2023
Zim makes headway on debt clearance
Zimbabwe’s total consolidated debt amounts to US$17,5 billion. Debt owed to international creditors stands at US$14,04 billion, while domestic debt comes to US$3,4 billion.
By Melody Chikono and Belinda Chiroodza
Aug. 18, 2023
Zimdollar depreciation scares Treasury chief
This means that a 1% depreciation could cause the fiscal deficit to widen by about US$20,68 million.
By Belinda Chiroodza and Blessed Ndlovu
Aug. 18, 2023
Tight liquidity management bites businesses
This has resulted in an acute shortage of the Zimdollars on the market.
By Belinda Chiroodza
Aug. 21, 2023
Tobacco exports rake in US$529m
Matsvaire said the Far East also had the highest average export price among all the continents due to the high quality of tobacco that goes there.
By Melody Chikono and Belinda Chiroodza
Aug. 23, 2023
Zim’s citrus exports seen soaring this year
The prediction is based on the General Administration of Customs of China (GACC), in June, allowing 11 local citrus orchards and six citrus pack houses to export the fruit variety into China.
By Belinda Chiroodza
Aug. 27, 2023
Zim price levels exorbitantly high: Zimcodd
“The salaries being paid to workers economy-wide are way below this poverty datum line, ” the report read.
By Blessed Ndlovu and Belinda Chiroodza
Aug. 28, 2023
TIMB promotes sustainable production
These efforts by TIMB are aimed at increasing Zimbabwe tobacco output using minimum resources in an environmentally-friendly manner.
By Belinda Chiroodza
Aug. 31, 2023
Interview: Timb optimistic of achieving US$1,5 billion tobacco exports
Huge debts with contracting firms also push growers into side-marketing. The cost of production also pushes growers to side-marketing.
By Belinda Chiroodza
Sep. 1, 2023
FBC hedges against Zimdollar loss
FHL group chairperson Herbert Nkala said adopting a hedging strategy mitigated the impact of the exchange rate fluctuation and sustained the group’s balance sheet.
By Blessed Ndlovu and Belinda Chiroodza
Sep. 4, 2023
CGI moves to capacitate public, private sector bosses
Governance has remained a critical issue for Zimbabwe, with the debt resolution process having recently flagged governance reforms as a major drawback to the processes.
By Belinda Chiroodza
Sep. 5, 2023
Farmers withhold grain as El Nino looms
The report said open market sales of grain, other crops, and maize meal are mainly conducted in the United States dollar in most areas, or South Africa rand in the southern districts.
By Blessed Ndlovu and Belinda Chiroodza
Sep. 6, 2023
Govt engages insurance players on climate change
Ncube added that a lot needed to be done in the insurance industry at national, regional and global levels on the issue of financial industry.
By Belinda Chiroodza and Tafadzwa Mhlanga
Sep. 7, 2023
Tourism reports Q3 boom
Koti said tourism challenges might hinder ZTA’s expectations for the remainder of the year which includes international climate and general macro issues.
By Belinda Chiroodza
Sep. 13, 2023
Sextortion scourge visits services sector
Over the years, Zimcodd has tried to foster a culture of whistleblowing amid reports that corruption is costing the country nearly US$2 billion annually.
By Belinda Chiroodza
Sep. 13, 2023
Govt has almost exhausted social spending: Zimcodd
Zimcodd said the government had almost exhausted social protection resources without bringing any meaningful social transformation.
By Belinda Chiroodza
Sep. 15, 2023
Seed Co pushes new drought resistant seed on Zim market
Seed Co group chief executive officer Morgan Nzwere said research and development (R& D) would be vital for the business.
By Belinda Chiroodza
Sep. 15, 2023
ZESA Holdings scoops top gong at ZAS
ZESA is involved in a number of initiatives that support the National Development Strategy 1 (NDS1), a driver of economic development.
By Belinda Chiroodza
Sep. 22, 2023
Dematerialised securities rise to ZW$5tn
During the period, corporates and pension funds held the most significant value on the CSD accounting for 34,58% and 27,82%, respectively.
By Belinda Chiroodza
Sep. 22, 2023
As El Niño looms, preparedness is key
El Niño is associated with increased temperatures and low rainfall, which can significantly impact agricultural productivity.
By Belinda Chiroodza
Sep. 24, 2023
FBC Bank launches hospitality insurance cover
FBC head of retail banking and e-commerce Peter Chava said insurance was very significant in the hospitality sector.
By Belinda Chiroodza
Sep. 25, 2023
Unifreight runs on empty as liquidity thins out
However, this increase caused the firm to report a loss of ZWL$9,3 billion at the end of June.
By Tafadzwa Mhlanga and Belinda Chiroodza
Sep. 27, 2023
PR practitioners to launch association
Rusike said that various members in the sector should appreciate the dynamic changes that are taking place within the industry.
By Belinda Chiroodza
Sep. 29, 2023
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Zesa drowns in debt
Hwange Units 7 & 8, well-placed sources said, were constructed on a contract based in US dollars, and private foreign investment was utilised to finance the expansion project.
By Blessed Ndlovu and Belinda Chiroodza
Oct. 1, 2023
Zim records an improvement in domestic tourism
Domestic tourism allows local people to understand the different cultures among the indigenous people of a country.
By Belinda Chiroodza
Oct. 1, 2023
‘Mnangagwa violates laws on many fronts’
SI 156 of 2023 renamed the Sovereign Wealth Fund of Zimbabwe to MIF and placed 20 state-owned enterprises (SOEs) under its management.
By Belinda Chiroodza
Oct. 6, 2023
Researcher predicts tough season for farmers
“Farmers with irrigation infrastructure could be affected indirectly through limited supply of electricity.
By Belinda Chiroodza
Oct. 8, 2023
472% rise in funds under management
Financial institutions have what is known as assets under management, which is the entire market value of the securities owned or managed by the institution on behalf of its clients.
By Belinda Chiroodza
Oct. 16, 2023
ZB appoints Zembe as chairman
The appointment announced yesterday, means that Zembe will spearhead the financial group’s merger with CBZ Holdings. Finalising the acquisition of a controlling stake in ZBFHL.
By Belinda Chiroodza
Oct. 18, 2023
Coal facility excites tobacco farmers
To address fundamental production issues affecting sustainability and farmer viability, the three organisations have come up with a special coal facility for tobacco farmers.
By Belinda Chiroodza
Oct. 19, 2023
Flawed interbank market inflicts fresh blows
Local News
By Shame Makoshori and Freeman Makopa
Oct. 4, 2024