BUSINESS NEWS

by Derick Tsimba

Government through the Zimbabwe Mining Development Corporation (ZMDC) is partnering Landela Investment Private Limited on a joint venture agreement to mine ZMDC gold mines, targeted for implementation this March 2020.

by Grace Chekai

The Reserve Bank of Zimbabwe (RBZ) has dismissed allegations by The Financial Times edition of 28 February 2020 which carried an article headlined “Zimbabwe secret money printing threatens IMF assistance” with the subtitle “Scheme to subsidise gold miners contributed to collapse of local dollar”.

by Derick Tsimba

Zimbabwe will be attending the Trade and Investment Conference that is going to be held in Kigali, Rwanda from, 24-26 March 2020, ZimTrade has said.

by Patience Rashai

Exhibitors booked to showcase in this year’s edition of the Zimbabwe International Trade Fair (ZITF) have surged in comparison to last year, a company official has said.

by Innocent Mujeri

Hotels, lodges, supermarkets and other informal traders in Victoria Falls recorded huge sales as delegates attending the 6^th African Regional Forum on Sustainable Development (ARFSD) thronged these areas to purchase different wares, Harare Post can report.

By Rungano Dzikira

The Ministry of Finance and Economic Development says that results of the second National Risk Assessment report indicate that the assessed value of threat proceeds during the period 2014-2018 is estimated at US$4.5 billion dollars.

By Rudo Saungweme

The Ministry of Finance and Economic Development is set to launch the first Five Year National Development Strategy (NDSI) in September 2020, Harare Post has learnt.

By Tendai Matunhu

Minister of Higher and Tertiary Education, Innovation, Science and Technology Development, Professor Amon Murwira says Zimbabwe has lots of opportunities to industrialise and modernise through science and technology and innovation.

By Derick Tsimba

Aures Solaire an Algerian solar products manufacturing company is eyeing Zimbabwe solar market with a vision to invest in the manufacturing of solar products, the Harare Post can report.

By Favour Matenga

Five Zimbabwean companies have been successfully turned around despite the ongoing economic challenges. This was said by a local Chartered Accounts firm, Grant Thornton in a statement this week.

By Tendai Matunhu

Government has announced that the drive to improve revenue collections is important in reducing the budget deficit, which over the years was largely financed through unsustainable debt instruments.

By Tich Mberi

Zimbabwe Mining and Smelting Company (ZIMASCO) and Afrochine (Private) Limited are set to construct four chrome smelting furnaces in Zvishavane, costing around US$84 million and expected to produce 140 000 tonnes of ferrochrome per year when fully functional, the Harare Post has learnt.