BUSINESS NEWS

By Nobleman Runyanga

The Reserve Bank of Zimbabwe (RBZ) has registered 26 financial services companies to operate as bureaux de change in line with its thrust to revive the interbank foreign exchange market as a long term solution to the dominance of the black market as the main source of foreign currency.

By Derick Tsimba

Local bus manufacturer AVM Africa (PVT) LTD has partnered City Card, a Company which is in a joint venture with Sino-Zimbabwe to manufacture buses locally.

By Elijah Chihota

A consortium of Zimbabwean businesses has teamed up to embark on the reconstruction of infrastructure devastated by Cyclone Idai in Manicaland, Masvingo and Mashonaland East Provinces under the project “The Reboot Fund”.

By Tarisai Kanda

Zimbabwe’s fuel remains the cheapest in the region and in the world, following the release of new prices by the Zimbabwe Energy Regulatory Authority (ZERA), yesterday.

By Gift Mashoko

Government and Grain Millers Association of Zimbabwe (GMAZ) are to work together to return normalcy in the lives of the Cyclone Idai victims and businesses.

By Derick Tsimba

Zimbabwe has attended the first ever UNWTO Ministerial meeting on Air Transport and Tourism in Africa being held in Cape Verde from 27 to 29 March 2019.

By Derick Tsimba

The Ministry of Environment, Tourism and Hospitality Industry has issued out a press statement raising concern over the level of rates being charged by some accommodation providers in Bulawayo ahead of the Zimbabwe International Trade Fair (ZITF) to be held in the City of Kings next month.

By Derick Tsimba

Zimbabwe has commenced the process of modernizing its mineral exploration through the launch of an Aeromagnetic and Electronic Survey project at Buffalo Range.

Rudo Saungweme

Reserve Bank of Zimbabwe (RBZ) has dismissed false reports by newspapers on 21 March 2019 on US$ payments to tobacco growers. The RBZ said that it would ensure that tobacco growers access their entitlement.

Derick Tsimba

Government will soon introduce a ‘Use It or Lose It’ mining policy to ensure production on mining claims improves, a Cabinet Minister has said.

Rudo Saungweme

In a bid to promote value addition, Kenako Diamond Processing Pvt Ltd commissioned a new Diamond Cleaning plant which processes 110 000 carats over a 24 hour deep-boiling cycle, Harare Post has learnt.

By Derick Tsimba

In line with its vision to be the nerve centre for sustainable, inclusive socioeconomic empowerment, growth and development of SMEs and cooperatives in Zimbabwe, the Ministry of Industry and Commerce is conducting industrial tours across the country aimed at increasing capacity utilization.