Story by Owen Mandovha, Business Reporter INDUSTRY has welcomed the move by the Reserve Bank of Zimbabwe (RBZ) to slash interest rates by 25 percent as a major relief in…
Tag: Business News
TIMB turns down 17 tobacco buyers
Story by Tendai Munengwa 17 companies will not participate in the tobacco marketing season this year after their applications were turned down by the Tobacco Industry and Marketing Board (TIMB)…
Blended inflation concept clarified
Story by Davison Vandira, Business Reporter THE Reserve Bank of Zimbabwe (RBZ) says the introduction of the blended inflation concept is meant to ensure figures reflect the dual currency system…
Gold milling plant set up in Guruve
Story by ZBC Reporter Women who are into mining in Guruve are excited by the prospects of better returns after the setting up of a gold milling plant worth more…
Exports surge in 2022
Story by Owen Mandovha INDUSTRIALISTS agree that the reorientation of government foreign policy on trade promotion and the successful retooling of local industry are contributing to the growth in exports…
American Chamber of Commerce in Harare launched
Story by Stanley James, Business Editor UNITED States of America-based companies are taking a keen interest in Zimbabwe through increased investment and trade. Signs of the USA warming up to…
Belarus becomes new destination for local cotton lint
Story by Owen Mandovha BELARUS is now a new market for Zimbabwean-grown cotton lint in one of the deals that has left captains of industry impressed by the political relations…
Drop in inflation, exports growth set tone for economic growth
Story by Stanley James, Business Editor A drop in blended month-on-month inflation in January aided by a significant increase in exports has set the tone for Zimbabwe’s economic growth this…
Zimbabwe-Belarus relations strengthened with the signing of eight MOUs
Story by Josephine Mugiyo, Diplomatic Correspondent ZIMBABWE and Belarus have cemented relations by signing eight Memoranda of Understanding at State House in Harare this Tuesday. Visiting Belarus President Alexander Lukashenko…
Gwayi-Shangani Lake excites food processors
Story by Tichaona Kurewa FOOD process companies are ready to tap into the spin-off effects of the Gwayi-Shangani Lake through contract farming in Matabeleland North Province. The Gwayi-Shangani Lake project…