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Harare
Wednesday, February 20, 2019

ZESA declines chrome miners’ tariff proposal

Golden Sibanda Senior Business ReporterZESA Holdings has rejected a proposal by chrome miners for a further reduction of the power tariff levied on the industry...

‘2017 trade deficit to fall 35 percent’

Desire Sibanda The Government is anticipating a 35 percent decline in the country’s trade deficit to $1,537 billion by the end of this year. The 2016...

Minister calls on farmers to take advantage of ZITF

ZITF Business ReporterTHE Government has called on farmers to participate at the upcoming Zimbabwe International Trade Fair (ZITF) and take advantage of the trade showcase...

Zamco to stop further acquisition of NPLs

The Zimbabwe Asset Management Corporation (Zamco) is set stop further acquisitions of non-performing loans (NPLs) and focus on resolution and resuscitation, as it moves...

Visa local settlement goes live by month end

THE Reserve Bank of Zimbabwe (RBZ) has directed all banks to ensure that international card switches facilitate local settlements of local transactions in Zimbabwe,...

‘Power tariff hike will hurt industry’

Golden Sibanda Senior Business Reporter—THE Confederation of Zimbabwe Industries says hiking the power tariff to help Zesa Holdings to grow its revenue inflows could seriously...

$1.3m export incentive for Freda Rebecca

Oliver Kazunga/Lovemore Zigara, Business ReportersONE of the country’s leading gold mines, Freda Rebecca has earned $1,3 million in export incentive cash credits from the...

The $202 million Gwanda scam

Just some 10 kilometres before Gwanda was a police roadblock (quite a realistic expectation on the country’s highways these days) and to us it...

Forex shortage pushes up premium charges

The Zimbabwe National Statistics Agency (ZimStat) says the shortage of foreign currency has led to high premiums being charged to access the money, which...

Policy consistence crucial to economic growth

Kudzanai Gerede Business CorrespondentGOVERNMENT has been urged to be consistent with its economic objectives when crafting policy interventions as failure to this could result...
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