BUSINESS NEWS

Zivanai Dhewa

The Ministry of Finance and Economic Development has released a press statement warning the public against a fake article circulating on social media pertaining to an alleged SMEs Covid 19 rescue fund.

Zivanai Dhewa

…as it seeks to boost exports and promote economic growth

Barely a month after the Minister of Finance and Economic Development, Professor Mthuli Ncube revealed Government plans to increase incentives for production and export companies, for purposes of promoting economic growth, the Reserve Bank of Zimbabwe (RBZ) has released a press statement to operationalize the policy measures outlined by the Minister.

Agriculture Reporter

Cotton Producers and Marketers Association National Chairman, Stewart Mubonderi has urged cotton farmers to desist from side marketing and sell their white gold to the cotton company, Cottco which funded them.

Staff Reporter

ZANU PF Acting National Political Commissar and Secretary for Finance, Cde Patrick Chinamasa yesterday boasted of President Emmerson Mnangagwa’s achievements in the new dispensation, which he said had positively transformed the economy.

Zivanai Dhewa

… to achieve the US$12billion Mining Economy by 2023

The Minister of Finance and Economic Development, Professor Mthuli Ncube commended Kuvimba Mining House (KMH) for its efforts to awaken the Zimbabwean economy by unlocking value from various minerals.

Business Reporter

Invictus Energy, the Australia Stock Exchange (ASX) listed firm exploring for oil and gas in Muzarabani, is on course to start the second exploration phase to determine the quantity of gas and oil that could be found on the Muzarabani basin.

Agriculture Reporter

Government continues to call upon farmers to deliver their grain to GMB depots as timeous payments are guaranteed.

Zivanai Dhewa

Minister of Finance and Economic Development, Professor Mthuli Ncube and the Reserve Bank Governor, Dr John Mangudya have instructed that all banking institutions should review their banking instructions to include a policy stipulated by the Statutory Instrument (SI65A) of 2020 to pay interests on savings accounts.

Business Reporter

The 39^th Ordinary Session of the Pan African Postal Union (PAPU) began yesterday in Victoria Falls with representatives being urged to double efforts in revolutionizing the postal sector as it is a catalyst for e-commerce on the continent.

Agriculture Reporter

Tobacco farmers from Mashonaland West Province have been urged to comply with legislation on the destruction of tobacco stalks to avoid the risk of transmission of diseases on tobacco to be planted in the upcoming season.

Business Reporter

The New Dispensation's policy reforms are bearing fruit in every sector of the economy.  This was revealed through positive reviews from leading think tanks across the globe.

Zivanai Dhewa

Zimbabwe skies are set to welcome new airlines this week, a development that is bound to boost the country’s tourism sector and significantly contribute to the reduction in airfares as competition increases among the different airlines.