BUSINESS NEWS

By Rudo Saungweme

The Government’s decision to levy import duty in foreign currency on pre-owned vehicles and some designated products has proved to be fruitful, the Harare Post can reveal.

By Zivanai Dhewa

Zimbabwe has officially been rated Africa’s number one tobacco producer, The Harare Post has learnt.

By Rudo Saungweme

The increase in wheat producer price complements Command Agriculture Programme as more farmers will venture into the growing of the cash crop.

By Patience Rashai

Local macadamia nuts producers have upped production following investment from a Chinese company willing to invest and later purchase the final output.

By Patience Rashai

MDC Kuwadzana East legislator, Charlton Hwende has slammed the business community for calling on the removal of sanctions, claiming that they should instead be calling for political reforms which he believes are bedevilling the country’s business operating environment.

By Shongedzai Mugwagwa

Following intermittent supplies of fuel in the country which has seen the recurrence of winding long queues in search of the precious liquid, Minister of Energy and Power Development, Dr Joram Gumbo has jetted to Abu Dhabi, United Arab Emirates (UAE) for negotiations over the supply of the scarce commodity.

Industry and Commerce Minister Nqobizitha Ndlovu says the manufacturing sector is poised for positive growth this year, riding on expanded capacity and new investments made in 2018.

Government has warned it will take action against local manufacturers increasing prices of commodities on the back of premiums being charged on foreign currency on the unofficial market.

By Bruce Zvandasara

The Minister of ICT and Courier Services, Kazembe Kazembe has announced the newly appointed Netone board amid efforts by Government to ensure accountability, fairness, efficiency and stamp out corruption.

By Patience Rashai

President Emmerson Mnangagwa has commissioned a new processing plant at the Chiadzwa diamond fields, in Marange - Manicaland, a move meant to boost the country’s foreign currency earnings through exportation of more diamonds.

By Rungano Dzikira

The exports trade body, Zimtrade has challenged captains of industry to tap into the African market in-line with Government’s re-engagement policy, following the just ended Intra-African Trade Fair (IAFT) held in Cairo, where Egypt, among other African countries expressed interest to invest and trade with Zimbabwe.

By Patience Rashai

United Nations agency, International Fund for Agriculture Development (IFAD) is set to inject $41 million in Zimbabwe in the next three years, a move meant to revive the country’s rural agriculture sector.