Govt doubles Zupco fares

THE Zimbabwean government has approved a hike of fares for state-operating intra-city public transport to prepare for reducing business amid a new Covid-19 lockdown. The...

Zim dollar maintains stability at year’s first auction

THE Foreign Currency Auction Trading System resumed activity yesterday after the festive season break with the Zimbabwe dollar maintaining stability despite marginally weakening by...

High value banknotes in the offing…RBZ to drip feed $50, $100 & $200 denominations

THE Reserve Bank of Zimbabwe (RBZ) will soon introduce a new set of higher denomination banknotes to increase physical money supply, curb cash shortages...

Informal traders challenge lockdown order

THE Zimbabwe Informal Sectors Organisation (Ziso) has approached the High Court challenging the constitutionality of the recently imposed 30-day lockdown by government to contain...

ZERA sets new fuel prices

The Zimbabwe Energy Regulatory Authority has published the new fuel prices effective from January 5. Diesel will now be $100.91 (US$1.23) per litre, while petrol...

Presumptive tax triggers storm

ZIMBABWE’s informal businesses, making up about 60% of the country’s economy, say government missed the point when it moved to impose a monthly presumptive...

Aizim reinstates 300 fired workers

AIR ZIMBABWE has reinstated over 300 workers it fired five years ago after the Supreme Court ruled early this month that the mass dismissals...

Bumper wheat harvest saves ZimUS$80M

Zimbabwe will save over US$80 million through import substitution after local farmers delivered over 155 000 tonnes of wheat to the Grain Marketing Board...

No joy for cotton farmers

COTTON farmers who are owed $3 billion in arrears for produce delivered this season will have a bleak festive season after merchants failed to...

Zimra boss resigns, joins IMF

COMMISSIONER General for the Zimbabwe Revenue Authority (Zimra), Ms Faith Mazani, will resign from her post next month pending re-appointment to the International Monetary...