FOREIGN currency shortages and lack of capacity have held back independent power producers (IPPs), denying Zimbabwe an additional 7 000 megawatts (MW) at a time the country is relying on …
finance
-
-
THE private sector has received the greenlight to import Covid-19 vaccines for its workforce through the National Vaccine Procurement Fund, Cabinet has announced. Information minister, Monica Mutsvangwa, made the announcement …
-
AGRO-INDUSTRIAL group, CFI Holdings, recorded a 73,2 percent inflation-adjusted revenue growth for the first quarter of its financial year ending December 31, 2020, on the back of firm demand during …
-
GOLD deliveries to Zimbabwe’s sole buyer of bullion Fidelity Printers and Refiners (FPR) amounted to 130, 9 tonnes over the past five years, the company’s general manager Fradreck Kunaka said. …
-
THE government’s continued support of the agriculture sector is creating an unsustainable cycle of subsidies and crowding out industry players from financing farmers, a business official has said. Following successive …
-
ACTIVITY on the Zimbabwe Stock Exchange (ZSE) dropped to a four-month low in February as the market cooled-off following a spectacular rally in January. Official data shows that turnover on …
-
ZIMBABWE is expecting record maize production of between 2,5 and 2,8 million metric tonnes and 360 000 metric tonnes of traditional grains, but the bumper harvest might put pressure on …
-
UNIFREIGHT Africa’s (Unifreight) shares have gained a market topping 4 000 percent on the Zimbabwe Stock Exchange (ZSE) this year, spurred by an ongoing equity deal with Zimplow Holdings (Zimplow). …
-
A PROPOSED chrome ore export tax in South Africa (SA) would boost investment in Zimbabwe’s chrome ore industry if it passes, experts have said. The proposed tax would make it …
-
THE Reserve Bank of Zimbabwe (RBZ) this week began taking applications for its financial technology (fintech) regulatory sandbox, which it says was established to “promote safe and responsible innovation” in …