Zera to beat SADC lightbulbs deadline
THE Zimbabwe Energy Regulatory Authority (Zera) says the country is well on course to meet the year-end deadline of eliminating trading and use of the incandescent light bulbs set by… Read more »
Author Archives: Bulls n Bears
ZSE appoints Bgoni as new CEO
THE Zimbabwe Stock Exchange (ZSE) has appointed Mr Justin Bgoni as its new chief executive officer. He replaces Mr Alban Chirume who was sent on forced leave in 2017 and… Read more »
Import bill drops again
ZIMBABWE’S import bill has fallen for the fourth consecutive month due to a combination of austerity measures introduced by Government as well as limited availability of foreign currency. According to… Read more »
32 tobacco buyers licensed
THE Tobacco Industry and Marketing Board (TIMB) has licensed 32 buyers and contracted 30 companies ahead of the opening of the 2019 tobacco selling season on Wednesday. In a telephone… Read more »
Mthuli Ncube wages war against surging inflation
Zimbabwe’s annual inflation has risen to a 10-year high since hyperinflation, but month-on-month prices are beginning to drop as monetary reforms aimed at combating inflation, addressing foreign currency shortages and… Read more »
Tobacco farmers to get 50pc forex — Mangudya
Tobacco farmers will get 50 percent of their earnings in foreign currency when the marketing season gets underway on Wednesday, up from 30 percent proposed earlier. A joint statement signed… Read more »
Zim struggles despite huge forex inflows
ZIMBABWE is doing fairly well in terms of foreign currency earnings compared to countries such as Rwanda and Ethiopia yet the country is struggling to meet its forex obligations, a… Read more »
Economy looking positive but lacks stability: Robertson
ECONOMIST John Robertson says Zimbabwe’s economic situation is beginning to look promising following the central bank’s decision to liberalise the foreign exchange market last month. Speaking at a meeting on… Read more »
Mining industry awards 80% salary increment
WORKERS in the mining industry have been awarded an 80% salary increment following collective bargaining negotiations which will see the lowest paid employee in the sector earning ZWL$468,58 per month…. Read more »
Schweppes Zimbabwe wins Sadc quality award
SCHWEPPES Zimbabwe Limited came first in the Southern African Development Community Annual Quality Awards (SAQA) – Large Enterprise category for the year 2018-2019. The SAQA competition is an initiation of… Read more »