PACKAGING materials producer Nampak Zimbabwe (Nampak) says the recent reintroduction of the Zimbabwean dollar as the sole currency has worsened the country’s foreign currency shortages. The country — whose government …
finance
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SEED CO (Seed Co) says it is hopeful that government funded agricultural programs will help keep it afloat amid an “unpredictable operating environment”. Government recently supplemented the 2019 budget allocation …
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ZIMBABWE should reconsider its position on genetically modified (GMO) crops as they have the potential to increase production and earn the country foreign currency, a parliamentary committee heard on Tuesday. …
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TRANSACTIONS worth $7,17 billion were processed through the National Payments System (NPS) during the week ending August 2, a marginal decline from the $7,22 billion recorded on July 26, latest …
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ZIMBABWEAN miners have embraced government’s decision to reduce mining royalties and making them deductable for tax purposes. The country’s miners had, for years, complained that the previous arrangement was prohibitive. …
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ZIMBABWE’S perennially toxic political environment — characterised by malice, harmful policies and threats to business — is choking the economy, business leaders say. This comes as political tensions continue to …
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THE Reserve Bank of Zimbabwe will, starting today, suspend documentation of exporters who have at least US$400 000 in unrepatriated proceeds. The move, which is meant to enforce compliance with …
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ZIMBABWEAN funeral assurers’ profits decreased by 70,63 percent to $0,58 million during the first quarter of 2019, despite recording a marginal increase in business as operating costs weighed down operations, …
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CALEDONIA Mining Corporation (Caledonia) says it has revised downwards its gold production for this year due to low grade and electricity supply challenges in Zimbabwe. The southern African country has …
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BINDURA Nickel Corporation (BNC) says resuscitation of the country’s railway system is critical for the restart of its smelter project which has been put on hold because of depressed commodity …
