Zimbabwe will introduce a Central Bank reference rate soon: Mthuli Ncube
Zimbabwe will “soon” introduce a central bank reference rate as part of measures the southern African nation’s government wants to
Zimbabwe Market News
Retailers shift blame on price increases
The Confederation of Zimbabwe Industries (CZI) says the recent wave of basic commodity price increases is as a result of
Government avails ZWR$80m worth of drugs
Government has procured an assortment of drugs and medical supplies worth ZWR$80 million for distribution in the wake of serious
Government sets new producer prices for various crops
Government has set new producer prices for various crops for the 2019-2020 farming season reflective of the current economic situation.
Mangudya slams business over prices. . .‘Rate doesn’t determine product value’
Reserve Bank of Zimbabwe Governor Dr John Mangudya yesterday slammed businesses for wantonly raising prices of basic commodities based on
Competition and Tariff Commission (CTC) engages Govt over VAT on imports
The Competition and Tariff Commission has made submissions to Government for the removal of a 15 percent value added tax (VAT)
‘Motor industry revival tops Govt priorities’
The Zimbabwean government is determined to revive the motor industry, which is seen as strategic in economic turnaround given its
RBZ broke: Biti
Parliament Public Accounts Committee chairperson Tendai Biti says the Reserve Bank of Zimbabwe (RBZ) is effectively broke after government ran
Zimbabwe sets aside $17,5m to compensate displaced white farmers
Zimbabwe is to start paying compensation this year to thousands of white farmers who lost land during the land reform
The Zimbabwe Stock Exchange loses millions as crisis bites
The Zimbabwe Stock Exchange (ZSE) weakened in the month of March after shedding 19,36% to close the month with a
Special Anti-Corruption Unit (Sacu) probes PSMAS
The Special Anti-Corruption Unit (Sacu) in the Office of the President and Cabinet has launched an investigation into long-running Premier
GMAZ reduces wheat target
Grain Millers Association of Zimbabwe has reviewed the National Wheat Contract Farming Committee (NWCFC) target downwards by 60 000 tonnes
Lowest paid civil servant to take home RTGS$600
Government has announced a $400 million cost of living adjustment package for civil servants with effect from 1 April 2019
RBZ licenses 26 new bureaux de change operators
THE Reserve Bank of Zimbabwe (RBZ) has licensed 26 new bureaux de change operators to facilitate the smooth operation of
United States provides additional US$2.5 million in response to Cyclone Idai
The United States Government has provided an additional US$2.5 million as a response to emergency needs in Zimbabwe following Cyclone
Zimbabwean Lenders Ask Central Bank to Lift Interest-Rate Cap
Zimbabwe’s lenders, which include units of Standard Bank Group Ltd. and Ecobank Ltd., appealed to the central bank to raise
Potraz adopts new tariff model
The Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz) has moved away from a fixed model for determining the various
IMF team back in Zim
A team of International Monetary Fund (IMF) officials is in the country finalising a new Staff-Monitored Programme (SMP) for Zimbabwe,