Freedom Mutanda Post Correspondent BUTCHERS in the Lowveld are going through a lean period as they have run out of beef to sell following an outbreak of foot and mouth disease (FMD) in the area.
Abel Zhakata Senior Reporter THE Confederation of Zimbabwe Industries has bemoaned the slow rate at which Manicaland is attracting foreign direct investment despite being endowed with vast natural resources that present lucrative business opportunities.
The importation and exportation of currency is governed by the Reserve Bank of Zimbabwe (RBZ) in terms of the Exchange Control Act (Chapter 22:05) as read with Exchange Control Regulations, Statutory Instrument 109 of 1996.
Samuel Kadungure Senior Reporter INJECTION of $18 million by Japan into the rehabilitation and modernisation of Nyakomba Irrigation Scheme is set to increase productivity manifold as it will improve water conveyance efficiency, strengthen technical services and scheme management.
Luthando Mapepa Chipinge Correspondent FINANCE and Economic Development Minister, Cde Patrick Chinamasa has called on private investors to invest in strategic sectors to help revive the economy.
Business Reporter LEADING financial services institution, Stanbic Bank Zimbabwe has posted a $12,8 million profit for the half year to June 30, 2017, up from $10,5 million in the comparable period last year.
THERE are certain deductions which are prohibited in terms of Section 16 of the Income Tax Act [Chapter 23:06]. Taxpayers should not deduct these amounts from their gross income when calculating taxable income.
Kudzanai Gerede Business Correspondent The recapitalisation of National Railways of Zimbabwe (NRZ) has been hailed as a major stride in the resuscitation of the economy with industry expected to reap massive benefits from a revived railway transport system, industrialists have said. This follows the successful joint bid by Diaspora Infrastructure Development Group, a consortium of […]
Rumbidzayi Zinyuke Business Reporter Zimbabwe’S money supply recorded an annual growth of 23,24 percent at the end of May mainly driven by a 29,85 percent increase in demand and savings deposits, latest figures from the Reserve Bank of Zimbabwe (RBZ) show.