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Monday, June 17, 2019

Schweppes to invest $10m into fruit processing

Business ReporterSCHWEPPES Zimbabwe’s Norton Based fruit processing subsidiary, Best Fruit Processors (BFP), says its board of directors has approved a $10 million investment to...

Mana Pools: Never for the faint hearted

A tourist takes a photograph of a cape buffalo at Mana Pools Isdore Guvamombe Tourism MatrixAfter angrily gushing out of the wrath of the cruel...

Government imports ban fuels smuggling: Bimha

Industry Minister Bimha HARARE – Zimbabwe’s ever-bumbling government is struggling to contain the rampant smuggling of imported basic consumer goods that it ill-advisedly banned...

Inflation is back!

Zimbabwe slipped out of deflation in February after year-on-year inflation for the month stood at 0,06%, after gaining 0,71 percentage points on the January...

ALL Smiles for transporters. . . Duty on imported luxury buses slashed

Thupeyo Muleya, Beitbridge BureauTHE Government has slashed duty on the importation of luxury buses used mainly by cross border transport operators in a move...

Zim breaks into positive inflation

Business Reporter The annual inflation rate has broken onto positive territory for the first time in 29 months after gaining 0,71 percentage points on...

Government reverses move to cancel 2017 Sanganai/Hlanganani expo

Harare BureauThe Government has reversed a decision by the Zimbabwe Tourism Authority to cancel the Sanganai/Hlanganani Travel Expo edition for this year, saying resources...

CBZ Holdings invests over $150m in SMEs

Tinashe Makichi Business Reporter CBZ Holdings has extended in excess of $150 million in loans towards the development of several small to medium enterprise projects...

Cheap imports choke cement producers

Cheap cement imports continue to flood the local market despite government having introduced a heavy import duty on the product to tame the tide,...

$1 000 cash withdrawals for tobacco farmers

Business ReporterTHE 2017 tobacco marketing season opens today with the Reserve Bank of Zimbabwe pledging $1 000 cash withdrawals for the first sale of...
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