Currency stability measures expected to top Monetary Policy Review

By Stanley James CURRENCY stability measures are expected to feature prominently when the Reserve Bank of Zimbabwe Governor Dr John Mangudya delivers his Mid-Term Monetary Policy Review this month. Economist…

US$20 million Mount Meru Edible Oil plant commissioned

By Davison Vandira ZIMBABWE’s friendly investment climate continues to attract fresh capital, with the latest addition being the US$20 million Mount Meru edible plant commissioned in Seke recently. The commissioning…

Miners set to take control of Fidelity Gold Refinery

By Stanely James Business Editor ZIMBABWE’S private sector driven economy thrust is on track, with ten shareholders having so far accepted to acquire shares in the partially privatised Fidelity Printers…

Sophisticated technology boosts soap-making industry

By Kenias Chivuzhe THE use of sophisticated technology has improved production capacity at a local soap and oil manufacturing company in Mutare where a soap plant comprising Mazzoni machine from…

Tobacco deliveries surpass 200 million kg target

By Tendai Munengwa THE 2021 tobacco marketing season which has continued under the contract system has surpassed the set target of 200 million kilogrammes and raked in over US$550 million.…

LATEST: Vic-falls restaurants given greenlight to re-open

By Theophilus Chuma PRESIDENT Emmerson Mnangagwa has given the green light for restaurants in Victoria Falls to re-open following the city’s milestone in achieving herd immunity for Covid-19. Announcing the…

Vic Falls rolls out US$285million diversification programme

By Mhlomuli Ncube THE Victoria Falls City Council is rolling out a US$285 million economic diversification programme after the mono-economy suffered a huge knock due to the Covid-19 pandemic. Heavily…

‘Rough estimate’ of R20 million taken from looted ATMs, says banking body

SOUTH African banks said on Thursday that replacing 1 400 automatic teller machines (ATMs) vandalised and looted during recent violent unrest could take about two months. As much as R20…

Fruit and vegetable prices go down

By Colette Musanyera MBARE Musika remains the major trading market for fruits and vegetables in Harare, with prices of most fruits and vegetables going down owing to a rise in…

THE 2021 MID-TERM BUDGET AND ECONOMIC REVIEW SPEECH

PRESENTED TO THE PARLIAMENT OF ZIMBABWE ON THURSDAY, JULY 29, 2021 BY HON. PROF. MTHULI NCUBE MINISTER OF FINANCE AND ECONOMIC DEVELOPMENT 2 MOTION Mr Speaker Sir, I move that…