August 18, 2022

Keep in tip-top shape with super greens from 160 Hydro Farm

IT wasn’t always fashionable to eat salad in Zimbabwe, and there was a time, not so long ago, when masalad referred to a group of people who ate foreign dishes, had lost the traditional ways, and were no longer considered respectable members of society.…

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August 18, 2022

Opinions

Tourism sector’s recovery crucial

THE resumption of passenger flights coupled with the relaxation of Covid-19 travel protocols and government support has raised optimism among tourism players of a quick rebound of the industry. (more…)

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August 18, 2022

National Report

Zimbabwe’s foreign direct investment improves

ZIMBABWE’S foreign direct investment inflows amounted to US$103,89 million during the first six months of the year, a significant increase from US$22,35 million recorded during the same period last year, official data shows. (more…)

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August 18, 2022

National Report

‘M-o-m inflation to end at a single digit’

THE country’s month-on-month inflation could ease to single digit levels on account of the tight liquidity policies put in place by authorities, the Confederation of Zimbabwe Industries (CZI) has said. (more…)

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August 18, 2022

Tourism industry gears up for boom

POISED for the full resumption of local and international travel following the rescission of most coronavirus restrictions in the country, the tourism industry is lobbying authorities for an additional stimulus package to galvanise the sector. (more…)

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August 18, 2022

Companies & Markets

Forex dividend pay-outs tick up

DIVIDEND payments to foreign investors climbed by 24 percent to US$269 million for the six-month period ending in June 2022, continuing a pattern that began in 2020 with the introduction of weekly currency auctions by the Reserve Bank of Zimbabwe (RBZ). (more…)

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August 18, 2022

Companies & Markets

Caledonia in record production

CALEDONIA Mining Corporation says gold production for the first half of the year at Blanket Mine was 29 percent higher than the 29 907 ounces produced in the corresponding period in 2021. (more…)

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August 18, 2022

International News

UK inflation: Food costs push price rises to new 40-year high

Soaring food costs have pushed UK inflation into double digits for the first time since 1982, with prices continuing to rise at their fastest rate for more than 40 years.…

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August 18, 2022

Business optimistic about stability

BUSINESS says the tone set in the latest monetary policy statement (MPS) released by Reserve Bank of Zimbabwe governor John Mangudya, if maintained, could herald an era of predictability and certainty in the market. (more…)

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August 18, 2022

RBZ arranges US$70 million lines of credit

THE Reserve Bank of Zimbabwe (RBZ) has approved a drawdown of US$70 million from offshore lines of credit to retool local industry that is badly in need of funding, as well as to import critical goods such as cereals. (more…)

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August 18, 2022

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