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Looting fears mount ...as markets digest gold fee hike

Several estimates have indicated that up to US$100 million was being spirited out of the domestic market monthly, through smuggling.
By Julia Ndlela 12h ago

Small-scale miners focus on US$10m fund

ZMF chief executive officer Wellington Takavarasha told NewsDay Business that the funds will boost the operations of the sector.
By Freeman Makopa Mar. 17, 2023

US$4,7m shot in arm for smallholder farmers

According to the World Bank, last year fertiliser prices rose by 30% due to the conflict in Ukraine.
By Melody Chikono Mar. 13, 2023

Parly appeals for more funds for prisons

“The Ministry of Finance and Economic Development should adequately provide funding for inmates’ uniforms, bedding and medical supplies by June 2023.”
By Harriet Chikandiwa Mar. 6, 2023

Ncube to headline London investment conference

Zimbabwe has launched an offensive to drum up foreign direct investment inflows in the past five years, as part of efforts to reverse decades of divestures and de-industrialisation.
By Shame Makoshori Mar. 3, 2023

Court throws pensioner into the gutter

A HARARE High Court judge this week literally threw a pensioner into the gutter after he challenged a controversial government exchange control directive.
By Desmond Chingarande Mar. 1, 2023

Beneficiation: The next frontier for Zim lithium

Finance minister Mthuli Ncube defended the ban in an interview with African Business saying the government saw beneficiation as critical for sustainable economic growth and employment creation.
By Sydney Kawadza Feb. 24, 2023

Currency crisis: Lessons not learnt

Since the start of the year, seven weeks ago, the local currency has lost 27% of its value versus the greenback.
By Newsday Feb. 23, 2023

Local unit loses function... as US$ dominates transactions

On Monday, Ncube agreed that the Zimdollar depreciation has reduced government income, wages, and economic growth prospects.
By Tatira Zwinoira Feb. 22, 2023