The RBZ’s monetary policy committee, which sat on Friday, 15 November 2019 resolved to cut the Bank’s policy rate from 70% to 35% with effect from November 20, 2019, according to notes released by the central...
Finance Minister Mthuli Ncube has ended subsidies for maize and wheat, a move meant to cut costs, but set to further drive up the cost of staples for already pressed Zimbabwean consumers. Ncube...
As Zimbabwe continues to struggle to produce sufficient quantities of the staple maize grain, two decades after the government started redistributing commercial farms from whites to black farmers, a frequent claim comes up. The farmers who moved to Zambia are responsible...
Coffee production in the country has gone down from last year owing to poor prices and a shift by farmers to macadamia nut production, industry officials have said. Zimbabwe Coffee Mill administrator Johane Jori said...
Ex-Implats CE Brown to lead board Mines construction expected after Q1 2020 Commodities baron Kuda Tagwirei’s Landela Mining Ventures has emerged as the new joint venture partner in the Russian-led Darwendale...
FBC Bank managing director Webster Rusere says the bank still allows forex cash withdrawals for depositors holding ‘free funds’, allaying fears raised by a leaked internal circular which appeared to change rules on the operation of foreign...
By Chris Chenga On September 15, 2008, Lehman Brothers filed for bankruptcy in New York State. It has been eleven years and a week since; the ideals of free markets and financialisation of economies...
Finance Minister Mthuli Ncube has established a nine-member monetary policy committee (MPC), as part of measures to help bring credibility to policy as the economy pushes towards its own currency.  The MPC has been...
The Zimbabwe government has approved a US$51 million farm equipment deal with John Deere, as it looks to plug an implements shortage that it says has depressed harvests. Under the facility, John Deere’s Africa unit...
Zimbabwe is to start shipping 17,000 tonnes of maize from Tanzania on Monday under an agreement with the Tanzania-Zambia Railway Authority (TAZARA) and Zambian rail. TAZARA, Zambia Railways Limited (ZRL) and the National...
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