Wheat inputs for 75 000ha sourced
Government has sourced enough inputs for the winter wheat cropping season to cover at least 75 000 hectares, amid reports that over US$400 million was being spent importing three key… Read more »
Author Archives: Bulls n Bears
Zim likely to lose CFTA market
Zimbabwe is likely to lose out on the 1,2 billion strong market provided for by the Continental Free Trade Area (CFTA), which generates over US$3,4 trillion gross domestic (GDP) product… Read more »
Cottco to introduce hybrid seed varieties
THE Cotton Company of Zimbabwe is looking at introducing hybrid seed varieties with high yield potential compared to current non-hybrid varieties, in a development that will further boost the country’s… Read more »
RBZ calls for efficient interbank market
The Reserve Bank of Zimbabwe (RBZ) has directed banks to discontinue twinning arrangements for their customers, with a view to promote efficient functioning of interbank market and willing-buyer willing-seller practice… Read more »
Harare To Issue 10 000 Houses By Year End
Harare City Council principal housing officer Mr. Edgar Dzehonye has revealed that the local government intends to issue 10 000 residential units by the end of the year. The project… Read more »
Govt Open To Renegotiating 99-Year Leases With Banks – Finance Minister
Finance and Economic Development Minister Professor Mthuli Ncube has said that the government is open to renegotiating with banks to make 99-year leases acceptable to financial institutions. Banks were refusing… Read more »
Fuel Prices Hiked, Diesel Raised To $4.88 & Petrol To $4.96 Per Litre
Following the government move to liberalise the procurement of fuel by abandoning the 1:1 rate for fuel companies, the price of fuel has consequently been raised. As a result, the… Read more »
Hwange Power Station funding under threat
Zimbabwe might face challenges accessing the US$1 billion loan facility from China Eximbank for Hwange Power Station expansion following the change of functional currency that resulted in funds that were… Read more »
Plans afoot to set up Commercial Court
Plans are at an advanced stage for the setting up of a specialised Commercial Court to deal with commercial disputes, Chief Justice Luke Malaba has said. He made the remarks… Read more »
Relief for PSMAS contributors
Patients with chronic illnesses under Premier Service Medical Aid Society (PSMAS) will, with immediate effect, pay not more than 10 percent of the total cost of prescribed medication following an… Read more »