De-dollarisation on track: RBZ
Zimbabwe is making progress towards enforcing the use of the Zimbabwe dollar as the sole legal tender, after 189 million transactions valued at $459,6 billion were completed using local currency… Read more »
Author Archives: Bulls n Bears
Database for roller meal beneficiaries out soon — Mthuli
Government is compiling a database of the vulnerable in urban areas who will benefit from subsidised roller meal. Finance and Economic Development Minister Mthuli Ncube yesterday said: “The exact details… Read more »
German investors scout for business prospects
The “Zimbabwe is open for business” policy continues to bear fruit as European businesses seek investment opportunities in the country, with the latest being German investors who met President Mnangagwa… Read more »
AfDB commends economic reforms
The African Development Bank (AfDB) has expressed satisfaction with economic reforms that are being carried out by Government to improve the ease of doing business in the country. This was… Read more »
Diaspora remittances net US$635 million
ZIMBABWE’s Diaspora remittances grew by 2,6 percent to US$635 million in 2019 from US$619 million recorded in 2018, according to the Reserve Bank of Zimbabwe (RBZ). Although the country incurred… Read more »
‘Byo tourism market not fully utilised’
THE Bulawayo tourism market is not being fully exploited and stakeholders need to establish long-term investments and come up with robust marketing initiatives to increase the city’s contribution to the… Read more »
Ex-Zimplow workers besiege company premises
FORMER Zimplow workers who last year dragged the company to court over compensation benefits yesterday staged a six-hour long demonstration at the company’s premises along Old Khami Road in Bulawayo…. Read more »
Tap into regional markets, ZimTrade urges local firms
THE National export development and promotion agency, ZimTrade, has urged local exporters to take advantage of opportunities in Angola, Malawi and Namibia, which have a combined market of 50,8 million… Read more »
Tongaat’s Kilimanjaro project takes shape
TONGAAT Hulett says it has made significant progress in developing its 4 000-hectare sugar project with 2 700ha of virgin land having already been cleared and ripped since the commissioning… Read more »
E-wallets, cyber crime and the law
Zimbabwe is sitting on a ticking time bomb in the financial services sector. This is increasingly becoming so given the cybercrime upsurge in recent times where big institutions and governments… Read more »