finance

ECONOMIC commentators have implored the government to enhance measures that encourage businesses and individuals to use the economy’s official financial system.Advertisements

BUSINESS says the removal of import controls is promoting excessive hoarding of cheaper basic goods from abroad, amid speculation that the controls might be re-imposed soon this year.Advertisements

ANALYSTS say the proposed BRICS single currency would be a solution to some of Zimbabwe’s economic challenges, which have lately been headlined by currency volatility.Advertisements

BUSINESS is hopeful that things will get better in the medium to long-term after authorities recently announced new policy measures to stabilise the country’s economy. Advertisements

ECOCASH Holdings (EcoCash) witnessed significant growth in transaction volumes and values for the year ended February 28, 2023, following the intermediate money transfer tax (IMTT) reduction in January 2023.Advertisements

MINISTER of Tourism, Mangaliso Ndlovu, says arrivals to Zimbabwe were up by 108 percent to 271 000 during the first quarter of 2023.Advertisements

RIOZIM will this year prioritise securing a stable power supply across all its operations to ensure consistent plant throughput.Advertisements

NIGERIA says it expects commercial ties with Zimbabwe to improve as the two countries work to open up access to each other’s markets.

KUVIMBA Mining House (Kuvimba) says it is mobilising internal resources to raise around US$500 million to kick-start operations at its Darwendale platinum asset, Great Dyke Investments (GDI).Advertisements

HOSPITALITY Association of Zimbabwe (HAZ) president, Farai Chimba, says new investments in the industry have provided a boost to domestic tourism by offering more affordable products.Advertisements