THE Reserve Bank of Zimbabwe (RBZ) will soon introduce a new set of higher denomination banknotes to increase physical money supply, curb cash shortages and improve transacting convenience.Authorities have approved…
Category: Business
WATCH: Ease of doing export business to underpin ZimTrade’s mandate in NDS 1
By Owen Mandovha Zimbabwe trade promotion body, ZimTrade Chief Executive Officer Mr Allan Majuru has laid out the organisation’s strategy to grow the country’s exports in line with National Development…
Zimbabwe’s Kuvimba seeks $1 billion for platinum, gold projects
By Reuters HARARE: Zimbabwe’s unlisted Kuvimba Mining House is seeking to raise $1 billion for its gold and platinum projects, including a gold mine that could produce 150,000 ounces a…
African Chrome Fields employees clash with management over PPEs, slave wages
By Tafara Chikumira Workers at African Chrome Fields (ACF) are up in arms with management at the ferrochrome producing firm, amid accusations of inadequate personal protective equipment and unfair labour…
RBZ scraps compulsory liquidation of forex within 60 days
By Owen Mandovha The Reserve Bank of Zimbabwe has with immediate effect scrapped the compulsory requirement to liquidate all unutilised export proceeds after 60 days in a move set to…
Vic Falls on high alert as new covid-19 variant takes toll
Local tourism players have expressed concern over the new covid-19 variant and lockdowns in major European source markets saying it might hinder prospects of marginal rebound of the industry this…
NDS-1: mining to spur economic growth
The accelerated extraction and beneficiation of mineral resources during the first phase of National Development Strategy One is expected to contribute significantly to set targets of economic growth. Lithium is…
Kuvimba Mining House eyes Globe & Phoenix gold mine
By Bruce Chahwanda KUVIMBA Mining House is set to takeover Globe and Phoenix Gold Mine after the government gave the nod to the transaction which will also see the mining…