HARARE, October 20 (The Source) – Zimbabwe should speed up economic reforms in order to make the country more attractive to foreign investors, the European Union (EU) has said.
By Almot Maqolo, HARARE, October 20 (The Source) – The Deposit Protection Corporation (DPC) says it is ready to pay out $4.2 million to creditors and depositors of Tetrad Investment Bank.
HARARE, October 19 (The Source) – The Zimbabwe Stock Exchange mainstream index on Thursday recovered 0,25 percent to 517,23 points but the mining index continued to slip, coming off by 3,81 percent to 128,05 points.
HARARE, October 19 (The Source) – Zimbabwe has signed an agreement with Hong Kong-based R&F for the Chinese property firm to invest $1 billion to revive fallen steelmaker, Ziscosteel, Industry Minister MIke Bimha said on Thursday.
By Matt E.T Matigari, HARARE, October 19 (The Source) – Zimbabwe’s foreign exchange situation is getting worse in spite of extensive touting of a ‘nostro-stabilisation’ loan the Reserve Bank of Zimbabwe says it got from Afreximbank. How do we know this? Watch the indicators from… Read More
HARARE, October 19 (The Source) – Zimbabwe’s gross revenue collections in the quarter ended September amounted to $1,03 billion surpassing the target of $863 million by 19 percent, the tax agency said on Thursday.
HARARE, October 18 (The Source) – The value of transactions processed through the National Payment System (NPS) in the first week of October declined by 14 percent from $2,3 billion in the previous week to $1,9 billion due to a decline in Real Time Gross… Read More
HARARE, October 18 (The Source) – Zimbabwe is targeting to half its budget deficit to four percent of the country’s Gross Domestic Product (GDP) next year, with growth expected to slow to 3 percent, according to a treasury strategy document seen by The Source.
HARARE, October 17 (The Source) – The Zimbabwe Stock Exchange, industrial index went further up by 0,85 percent to 517,02 points on Tuesday while the mining index added a marginal 0,03 percent to 134,48 points.
HARARE, October 17 (The Source) – Zimbabwe’s health insurers say the shortage of foreign currency in the country has resulted in the cost of drugs escalating by as much as 70 percent.
BULAWAYO, October 17 (The Source) – South African retailer Pick n Pay says its Zimbabwe associate TM Supermarkets performance boosted the group’s half year revenue for its Rest of Africa division which increased by 12.6 percent to R2.3 billion ($170 million).
HARARE, October 16 (The Source) – Zimbabwe’s tax agency says it is only collecting about 30 percent of potential revenue as tax compliance remains a challenge.
HARARE, October 16 (The Source) – The Zimbabwe Stock Exchange opened the week on a high note adding 1,45 percent to close at 512,67 points.
HARARE, October 16 (The Source)- Zimbabwe’s annual inflation for September stood at 0.78 percent after gaining 0.64 percent on the August 2017 rate of 0.14 percent, the statistics agency reported on Monday.
By Karel Stander, JOHANNESBURG, October 16 (The Source) – Zimbabwe is an expensive tourist destination if one measures the value of the Rand (or Pula) against the Dollar and consider the most expensive border fees in the region. The average South African middle class tourist,… Read More