HARARE, July 11 (The Source) – The Reserve Bank of Zimbabwe (RBZ) on Tuesday announced a major reduction in registration fees for setting up bureaux de change in the country, a move it says would eliminate illegal money changers.
HARARE, July 11 (The Source) – Mobile based banking in April reached $792.5 million, an all time high as cash strapped Zimbabweans shift to digital platforms, recent report has shown.
HARARE, July 10 (Reuters) – Zimbabwe’s Steward Bank has suspended payments to the pay-TV subsidiary of South Africa’s Naspers, citing unavailability of foreign currency, in a sign that dollar shortages are worsening in the southern African nation.
HARARE, July 10 (The Source) – The National Social Security Authority said on Monday that it will increase minimum retirement pension benefit by 33 percent from $60 per month to $80 per month with effect from October 1.
By Akinwumi Adesina – Water is essential for life, and yet it is scarce in many parts of the world. Owing to the effects of climate change, Africa is experiencing its worst drought since 1945, especially in Southern Sudan, Somalia, Ethiopia, and Northern Nigeria.
HARARE, July 7 (The Source) – The Zimbabwe Stock Exchange industrial index advanced one percent to close the week on 197,93 points, driven by slight gains in some heavyweight counters.
VICTORIA FALLS, June 6 (The Source) – Financial group CBZ Holdings on Thursday launched a project to construct 1,313 houses at a cost of $11 million in the resort town of Victoria Falls.
HARARE, July 6 (The Source) – The United States of America has lifted its ban on hunting trophies from Zimbabwe, allowing the country to resume exports later this year, the environment minister said on Thursday.
BULAWAYO, July 6 (The Source) —The Bulawayo City Council (BCC) has proposed to exempt investors that will operate under the Special Economic Zones (SEZs) from paying rates for five years among other incentives designed to lure investment to the city.
HARARE, June 28 (The Source) – Finance Minister Patrick Chinamasa on Wednesday told Members of Parliament that the National Assembly was too big, and that the costs of maintaining it were too high.
HARARE, June 28 (The Source) – Zimbabwe’s Tobacco Research Board (TRB) exported barley tobacco seed worth $1.6 million in the 2016/7 season and plans to set up shop in regional markets to boost the numbers, an official has said. TRB general manager Dalia Garwe told… Read More
HARARE, June 28 (The Source) – General Beltings Holdings says a 38 percent reduction in prices resulted in the company remaining in a loss position in the first six months of the year, but it anticipates a second half recovery supported by new partnerships.
HARARE, June 28 (The Source) – Logistics group, Unifreight says its outlook is ‘extremely favourable’ after cost cutting measures resulted in savings of $5 million annually.
HARARE, June 28 (The Source) – Zimre Holdings Limited (ZHL) on Wednesday said it has been granted permission by the central bank to open a $2 million offshore account for its reinsurance company, Baobab, to allow the company to underwrite foreign insurance business.
HARARE, June 28 (The Source) – Zimbabwean businesses should take advantage of the country’s trade agreements with the Common Market for Eastern and Southern Africa (Comesa) to narrow a growing trade gap, an industry official has said.