Business

Mimosa invests beyond mining

Platinum miner Mimosa Mining Company says it will continue to invest extensively in corporate social responsibility programmes to address the needs of local communities. The Herald …


Zanu PF salutes ZITF success

Blessings Chidakwa Herald Reporter   The ruling Zanu PF has expressed gratitude to both local and international exhibitors who participated at the Zimbabwe International Trade Fair which was fully subscribed despite the adverse effects of Covid-19 pandemic.   Addressing the media during a special press briefing at the party’s national headquarters in Harare, Zanu PF […] The Herald …


Red Cross partners ZITF in Covid-19 vaccination drive

The Zimbabwe Red Cross Society (ZRCS) has partnered with the Zimbabwe International Trade Fair (ZITF) to provide free health and first aid services with the organisation providing Covid-19 vaccinations at this year’s edition of the annual business showcase. The Herald …


Reasons Zimbabwe Outlawed Foreign Currencies

The government of Zimbabwe has made the contentious decision to prohibit local trade in foreign currencies, including the US dollar, with immediate effect, a move that has sparked widespread condemnation. Aside from that, it has restored the Zimbabwe dollar, which was abandoned due to hyperinflation in 2009, when the nation primarily accepted the US dollar […]
The post Reasons Zimbabwe Outlawed Foreign Currencies appeared first on Zimbabwe Situation. Zimbabwe Situation …


Harare to start budget consultative meetings

Ivan Zhakata Herald Correspondent Harare City Council is set to start its annual budget consultations with the residents as it seeks for their inputs and budget priorities for the year 2022. Last Friday the local authority convened a virtual stakeholders consultative meeting with the Budget Advisory Committee and civic society organizations in an attempt to […] The Herald …


Mega chrome project takes shape

Enacy Mapakame THE Government’s plans to grow mining to a U$12 billion industry by 2023 are taking shape with the rolling out of a new multimillion dollar steel and ferro chrome project by Afrochine. Construction of the country’s single biggest production operation in the country is now underway in Chivhu, 150 kilometers south of the […] The Herald …


Minister Shava gives priority to economic, commercial diplomacy

Herald Reporter NEWLY appointed Foreign Affairs and International Trade Minister Ambassador Frederick Shava has urged all diplomats and ministry staff to receive training on economic and commercial diplomacy to align themselves with the Second Republic’s economic diplomacy thrust. In his maiden official engagement with senior management and members of staff in Harare yesterday, Ambassador Shava […] The Herald …


Direct property investments ‘a risky bet’

Investors eyeing real estate portfolios are better off investing in listed property or real estate investment trusts (REITs) as returns from direct property investments have been weakened by current inflationary pressures, experts say.  The Herald …


Miners engage RBZ over forex

The Chamber of Mines of Zimbabwe (CoMZ) is engaging the Reserve Bank of Zimbabwe (RBZ) with a view to finding a solution to challenges caused by the new foreign currency regulations announced by the central bank in the Monetary Policy Statement. The Herald …


Agric gets lion’s share of $18bn bailout funds

Government has deliberately prioritised the agriculture sector in the disbursement of funding under the $18 billion Covid-19 stimulus package to ensure food security and inclusive economic development, a senior treasury official has revealed. The Herald …