BUSINESS NEWS

By Gift Mashoko

Zimbollar Research Institute, an independent source of Zimbabwe formal and informal economic and financial data has revealed that “Government Revenue has increased by 141% from $345million to $832million for January to December 2018, whilst expenditure decreased by 69% from $319million to $100million over the same period.

By Nobleman Runyanga

The Competition and Tariff Commission has approved TV Sales and Home’s acquisition of a 49 percent stake in the Msasa-based bed manufacturer, Restapedic (Pvt) Ltd.

By Derick Tsimba

Zimbabwe Tourism Authority (ZTA) and local tourism operators are showcasing their services and products to potential buyers in Sandton City, Johannesburg, South Africa where 338 exhibitors are part of this year’s edition of Meetings Africa, the ZTA Head of Corporate Affairs has said.

By Gift Mashoko

Minister of Justice, Legal and Parliamentary Affairs Honourable Ziyambi Ziyambi yesterday called for the removal of sanctions imposed on Zimbabwe.

By Rudo Saungweme

Farmers are anticipating the sale of tobacco which is to commence on 21 March amid a 50 percent United States Dollars payment facility which has incentivised a lot of farmers to grow the golden leaf.

By Shongedzai Mugwagwa

Zimbabwe’s largest, fastest growing and bullish petroleum group, Petrotrade staged a major coup in the industry by becoming the first ever Zimbabwean company to get the ISO 9001:2008 certification at a glittering event held in Harare’s Rainbow Towers Hotel today.

…as citizens criticise him for his ill temper

By Zivanai Dhewa

People across the board have expressed disappointment at ZiFM Stereo for presenting an unbalanced panel to debate serious economic issues, after they fielded a seasoned economist, Professor Ashok Chakravarti and Tendai Biti, a politician whom listeners say knows nothing about economics.

By Gift Mashoko

RBZ Governor, Dr John Mangudya has this morning expounded on the Monetary Policy Statement which he delivered on Wednesday, articulating on the bond notes and the foreign currency issues as well as exchange rate.

Christopher Makaza

Netizens have castigated MDC leader, Nelson Chamisa for his attack on the Monetary Policy Statement presented by Reserve Bank of Zimbabwe (RBZ) Governor, Dr John Mangudya on Wednesday arguing that he is good at criticising other people`s efforts rather than proffering solutions to the country`s crisis.

By Rudo Saungweme

An Indian beverages firm, Varun Beverages which currently produces Pepsi drink in the country is set to establish a tomato and potato processing plant in Harare, a move expected to boost exports and foreign currency as well as creating employment, Harare Post has learnt.

By Christopher Makaza

President Emmerson Mnangagwa today officially launched the India- Africa Incubation Centre in Water Falls, Harare which is expected to address unemployment, as graduates from Polytechnic colleges and universities, retirees, retrenchees, youths and women will be given an opportunity to set up their own enterprises.

By Derick Tsimba

The Zimbabwe tourism industry is set to attend this year’s edition of Internationale Tourismus-Borse Berlin (ITB), the world’s biggest international travel trade show and a platform for the country to promote its travel industry and tourism destinations.