ZIMBABWE’S Energy ministry has urged investment in renewable energy saying the country’s current power generation mix between fossils and renewables is not optimal. Even though generation has continuously increased over …
finance
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PERMANENT secretary in the ministry of Agriculture, John Basera, says more needs to be done to rope in funding from pension funds in agriculture production. Basera told the Stratus Commodity …
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ANGLO American says platinum group metals (PGMs) output at Shurugwi-based Unki Mine increased two percent to 121 500 ounces in the first six months of 2023 from 119 600 ounces …
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RAINBOW Tourism Group (RTG) says it spent $8,52 billion on local suppliers in 2022, representing a 1 200 percent increase from the $655,72 million spent in 2021. The hospitality group …
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MEIKLES says it spent approximately US$15 million on capital expenditure during the year ended February 28, 2023, all financed from internally generated cash flows. The diversified group said the refurbishment …
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HARARE should publish Zimdollar, US dollar and rand inflation alongside figures based on the blended consumer price index (CPI). This was the consensus among economic analysts that featured on The …
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ECONOMIC experts say while the government’s decision to allow US dollar wages in public entities would improve the welfare of their staff, the move could obstruct efforts to promote the …
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THE United States Agency for International Development (USAID)’s food security arm, the Famine Early Warning Systems Network (Fewsnet) has projected the number of people in need of food assistance in …
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FOLLOWING a taxing first half of 2023, marked by high currency volatility and brutal power cuts, business is cautiously optimistic that the second half of the year will be much …
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EXPERTS say there is a need for the Reserve Bank of Zimbabwe to start buying US dollars off the market to restore equilibrium in the economy. It comes as the …