BUSINESS NEWS

Zivanai Dhewa

…..as inflation continues to fall

The Monetary Policy Committee (MPC) of the Reserve Bank of Zimbabwe has made a commitment to deepen reforms that enhances growth and stability in the economy.

Zivanai Dhewa

This year Zimbabwe is set to sell 4 million tons of cement.  Financial Analyst Eddie Cross has described the development as a boom of the construction sector and an indicator that the country is making remarkable economic growth.

Staff Reporter

Picking of the white gold is currently at full swing countrywide, as farmers wait for the Government to come up with payment modalities.

Staff Reporter

President Emmerson Mnangagwa has today launched the Agricultural Finance Corporation (AFC) Holdings, an institution that will provide funding across the whole agriculture value chain.

Staff Reporter

…….marking the re-emergency of offshore lines of credit

The European Investment Bank (EIB) has agreed to support new long-term financing for entrepreneurs and businesses across Zimbabwe in cooperation with CABS with EUR 15 million to alleviate consequences of Covid-19 pandemic.

Zivanai Dhewa

The Zimbabwe Revenue Authority (ZIMRA) managed to surpass its set targets for the 1^st quarter for the year despite the COVID-19 challenge that had forced the nation to begin the year with a lockdown.  This was revealed through its revenue press report today.

Business Reporter

Youths are warming up to the concept of empowerment and financial literacy since the establishment of the EmpowerBank, Harare Post has learnt.

Agriculture Reporter

The Government is committed to continue supporting the agricultural sector including the livestock sector to ensure its full recovery.

by Patience Rashai -Tourism Correspondent

Zimbabwe’s tourism sector is set to rebound at the back of the recent move by the United States (US) to open up international travel for its fully vaccinated citizens.

by Business reporter

Bakers are set to increase bread price by 8% from an average of ZW$95 to ZW$103 per loaf, in response to the increase of fuel and other production costs.

Staff Reporter

Cabinet yesterday approved proposals on the use of new technology in housing construction as part of the strategy to mitigate the country`s huge accommodation backlog.

Staff Writer

Government says domestic manufacturing industry in the last quarter of 2020 increased by 9 percent, setting in motion an upward trend in capacity utilisation for the manufacturing sector in 2021.