HDC bemoans RBZ 5% decrease in export retention
HDC’s concerns come as they are targeting exports of US$1,32 billion for the year from increasing the area under horticulture from 36 600 hectares (ha) to 55 300ha.
By Business Reporter
46m ago
RBZ slashes forex retention further
In his 2025 Monetary Policy Statement (MPS), RBZ governor John Mushayavanhu reduced the foreign currency retention level from 75% to 70%, with immediate effect.
By Tatira Zwinoira and Blessed Ndlovu
11h ago
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Banks race to save teetering OK Zim...massive deal twinned with bold restructuring plan
BANKS have stepped in to rescue OK Zimbabwe Limited, one of the country’s largest retail chains, from the brink of bankruptcy.
By Shame Makoshori and Freeman Makopa
11h ago
Premium
Cut public sector wages, World Bank tells govt
Such leakages have led to the ballooning of the wage bill, with government using this as an excuse not to pay well its lowest-paid workers.
By Tafadzwa Mhlanga
Feb. 4, 2025
Exploring ‘The Social Network’
Mark Zuckerberg and his team had a strong work ethic that involved programming “thousands and thousands of codes” in the development of the Facebook platform.
By Batanai Matsika
Jan. 31, 2025
Companies lobby for finance facility rate cut
Industry leaders argue that the 35% policy rate and stringent statutory reserve requirements have made borrowing costly, stifling business operations.
By Freeman Makopa
Jan. 31, 2025
R100m Powerball Lotto winner quits job after win
The unidentified man won the astronomical figure – which had rolled over 16 consecutive times – in the draw on Friday, 24 January.
By The South African
Jan. 29, 2025
Trio releases poetry book
Poetry allows me to explore human resilience and the interconnectedness of our lives on a global scale, showing how collective action and introspection can transform lives
By Tendai Sauta
Jan. 28, 2025
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Deadly dogs menace: Harare sets shoot to kill policy as cases mount
A man from Sunningdale suburb in Harare was mauled to death by his own Pitbull dogs last week.
By Sharon Buwerimwe
Jan. 26, 2025
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Banks race to save teetering OK Zim...massive deal twinned with bold restructuring plan
Local News
By Shame Makoshori and Freeman Makopa
11h ago