BUSINESS NEWS

By Rungano Dzikira

Local tourism players yesterday exhaled a huge sigh of relief as Government lifted a ban on tourism activities across the board, following months of complete shutdown owing to the COVID 19 global pandemic.

By Patience Rashai

As COVID-19 cases continue to recede, buoyed by a huge recovery rate amongst locals, export promotion body, ZimTrade has dug deep to scout for new markets and business opportunities for local firms via virtual trade platforms across the continent.

By Tafanana Kwedu

Zimbabwe Power Company (ZPC) has said two electricity generation units, 3 and 6 will be back in service at Hwange Power Station (HPS) before year end, adding a total of 265MW to the national grid.

By Derick Tsimba

Government has urged its resettled farmers to continue with the preparations for the 2020/21 farming season and not allow themselves to be perturbed by misinformation making rounds on social media alleging that Government is reversing the land reform program.

By Tafanana Kwedu

The Securities and Exchange Commission of Zimbabwe (SECZ) has licensed the Victoria Falls Stock Exchange Limited (VFEX) in line with the country’s visions to attain USD $100 billion economy by 2040 and being an upper Middle Income Economy by 2030.

By John Mhazo

Prices of basic goods and commodities have been stable over the past three months and are expected to fall, said an Economist.

By Derick Tsimba

A senior ZANU PF official has said that the country continues to experience stability of the pricing of basic products.

By Zivanai Dhewa

Government has remained unwavering and consistent in its effort to build the country’s economy, amid a massive global economic recession, estimated to shrink by 5% this year.

by Grace Chekai

HydroCraft Projects Africa (HCPA) Pvt Limited has expressed interest to venture into a renewable energy project through harvesting the hyacinth plant (Eichhornia Crassipes) found at Lake Chivero.

by Christopher Makaza

Renowned economist and Monetary Policy Committee member, Mr Eddie Cross has glorified the 2020 Mid-Term Monetary Policy Statement (MPS) by the Reserve Bank of Zimbabwe (RBZ).

by Christopher Makaza

The US$1,2 billion expansion of the biggest coal-fired power facility in Zimbabwe, Hwange Thermal Power Station’s Units 7 and 8, which will see 600 megawatts (MW) added to the national grid is progressing well, with the commissioning of the first unit (Unit 7) expected mid-2021.

by Grace Chekai

Cabinet yesterday approved the proposed remodelling of Agribank (Pvt) Limited,  which is in line with realising Vision 2030 owing to its contribution to the economy and agriculture in particular.