BUSINESS NEWS

Staff Reporter

Government has said it will implement punitive measures against Government officials that will be found complicit to overpricing and procurement malpractices.

Business Reporter

Zimbabwean banking sector remains safe and sound despite the on-going economic global shocks that have rattled markets in the past two years.

Staff Reporter

The tight monetary policy by Treasury has resulted in the stability of exchange rate and a decline in inflationary pressures.

Staff Reporter

Local manufacturers are crying foul over the slow uptake of locally manufactured basic commodities.

Staff Reporter

The Government, through the Reserve Bank of Zimbabwe’s Financial Intelligence Unit (FIU), is embarking on a blitz to ensure that manufacturers and retailers implement Statutory Instrument 18A (SI18A) of 2022 in the pricing of their products.

Staff Reporter

Economic Analysts have hailed the introduction of gold coins by the Reserve Bank of Zimbabwe (RBZ) saying it provides a reliable option of storing value.

Staff Reporter

During the official opening of the 25^th Edition of the Mining, Engineering and Transport Conference in Bulawayo yesterday, President Emmerson Mnangagwa urged players in the mining industry to improve lives of communities residing within mining entities.

Staff Reporter

Economic analysts have said that the introduction of the gold coins also known as Mosi-oa-Tunya coins will help to stabilise the run-away exchange rate as they will be used for valuing the Zimbabwean dollar against the US dollar.

Staff Reporter

President Emmerson Mnangagwa said that Zimbabwe should adapt and adopt the approaching Fourth Industrial Revolution for accelerated modernisation and development.

 Staff Reporter

Gold delivery to Fidelity Printers and Refinery (FPR) has increased during the first half of the year, a positive situation that will ensure the sector successfully attains its target of being a US$12 billion Mining Industry by 2030.

Staff Reporter

Citizens have commended the Government for revoking the suspension of duty on imported oranges and grape fruits highlighting that the local traders were abusing the privilege by charging the fruit juice in foreign currency despite Government`s waiver on duty of same.

Agriculture Reporter

Agriculture should be taken as a business with the potential to uplift people from poverty and provide national food security, a senior Government official has said.