Victoria Falls Stock Exchange Limited granted license to operate

By Luckmore Safuli THE Securities and Exchange Commission of Zimbabwe (SECZ) has granted the Victoria Falls Stock Exchange Limited (VFEX) to license to operate as a securities exchange in a…

High Court upholds ZESA Executive chairman’s suspension

By Peter Chivhima THE High Court has upheld the suspension of ZESA Holdings Board Chairperson, Sydney Gata, who will immediately go for a 2-months mandatory leave with full pay and…

Zim Dollar gains marginally against USD

By ZBC Reporter THE new exchange rate is pegged at ZW$83.32 to one United States dollar according to the auction results released by the Reserve Bank of Zimbabwe this Tuesday.…

COTTCO: Agriculture inputs scheme ready for the forthcoming season

By ZBC Reporter The 2020/2021 Presidential Cotton Free inputs scheme has started arriving at various Cotton Company of Zimbabwe, Cottco, depots dotted around the country for onward disbursement to farmers.…

Japan debuts the first flying car with successful test drive

A Japanese company, Sky Drive Inc. has announced the successful test drive of a flying car, making it the first public demonstration for a flying car in the country’s history.…

Sacked NRZ Executives in $US300k scam

By Yolanda Moyo The recently fired National Railways of Zimbabwe (NRZ) executive members have been fingered in a 300 thousand United States Dollar misappropriation of funds meant for the rehabilitation…

Tobacco selling season ends

By ZBC Reporter THE 2019/2020 tobacco marketing season has ended, with stakeholders backing the decentralisation strategy for reducing the grower’s costs while also protecting the sector against the Covid-19 pandemic.…

Muzarabani oil and gas prospects near final stages

By ZBC Reporter Muzarabani Oil and Gas exploration are well on course with consultations between the contracted Australian Company Invictus Energy and the local communities entering penultimate stages. The extractive…

Experts welcome lifting of sanctions penalty against CBZ

By ZBC Reporter ECONOMISTS say the lifting of CBZ bank’s US$385 million penalty by the US treasury will enable the country’s biggest financial institution to play a key role in…

Productive sector loans from banks up by 83%

By ZBC Reporter LOANS to productive sectors of the economy have risen by more than 80 percent to over $20 billion during the first half of this year. Latest central…