BUSINESS NEWS

by Rugano Dzikira

The Reserve Bank of Zimbabwe (RBZ) has moved to dismiss issues surrounding the reintroduction of local currency as fake news, fabricated to cause despondency in the national economy by sections from the media.

GOVERNMENT has formed a new company, Hwange Electricity Supply Company (Hesco), to manage power generation under the $1,5 billion Hwange Thermal Power Station expansion project.

by Patience Rashai

The Women’s Alliance of Business Associations in Zimbabwe (Wabaz) has welcomed Government’s initiative to inject 10 million towards opening of the women’s bank.

THE strategic plan to guide implementation of Special Economic Zones (SEZs) in the country will be out by end of July and thereafter there will be no more talk shows but real work, SEZ chief executive officer, Mr Edwin Kondo, has said.

WOMEN in mining have expressed concern over Government’s failure to set up supporting structures for their operations saying the gap has left them vulnerable to unfair treatment and victimisation by bigger players.

HWANGE residents have accused mining companies operating in their district of exploiting resources and polluting the environment without benefiting locals.

Government’s role is to monitor and regulate the domestic economy, but the private sector should play a more “robust” role in facilitating the creation of an investor-friendly environment, Finance and Economic Planning Minister Patrick Chinamasa has said.

by Paidamoyo Mutsvairo

President Emmerson Dambudzo Mnangagwa yesterday, officially opened the Women’s Micro Finance Bank at Harare International Conference Centre (HICC).

by Brightface Mutema

President Emmerson Mnangagwa has given Eureka mine in Guruve, Mashonaland Central and the community at large, a reason to yearn for yet another day on this mother earth by officially reopening it.

by Tatenda Gono

Government is set to open an Empowerment Bank in efforts to address challenges in accessing loans being faced by students at tertiary institutions, a Cabinet Minister has revealed.  

by Nobleman Runyanga

The Government’s Command Agriculture programe has increased business for agricultural suppliers.

by Staff reporter

Zimbabwe is moving in the right direction in terms of agriculture, said President Emmerson Mnangagwa yesterday when he officially opened the Agricultural Dealers and Manufacturers Association (ADMA) AgriShow at the Borrowdale in Harare.