by zimreport | Jul 27, 2020 | Business
ZIMBABWE’s largest fast-food chain, Simbisa Brands Limited (Simbisa), has revised upwards its new outlets target for the current financial year from 15 to 18 despite operational challenges posed by the COVID-19 pandemic. The group aims to spend about US$10 million on...
by zimreport | Jul 23, 2020 | Business
THE Reserve Bank of Zimbabwe (RBZ) says it is highly impressed with how the foreign currency auction has helped stabilise prices and the exchange rate, but expressed strong reservations over selected beneficiaries that have continued to set prices using parallel...
by zimreport | Jul 22, 2020 | Business
The ruling exchange rate between the Zimbabwe dollar and the United States dollar depreciated by 4.7 percent to $72.1470 at yesterday’s foreign currency auction amid further narrowing of the bid band, more private holders of foreign currency using the auction to sell,...
by zimreport | Jul 16, 2020 | Business, National, Top Stories / Headlines
The following are the highlights of the Mid-term budget review presented by the Minister of Finance and Economic Development Professor Mthuli Ncube: Tax free threshold has been raised from ZW$2 000 to ZW$5 000 Zimbabwe has been ranked third in Africa in terms of...
by zimreport | Jul 16, 2020 | Business
Finance and Economic Development Minister Professor Mthuli Ncube, is today expected to present the 2020 Mid-Term Budget Review that economic players say should focus on measures that create an appetite for the Zimbabwe dollar, a move that will stabilise the exchange...
by zimreport | Jul 10, 2020 | Business
Finance and Economic Development Minister Professor Mthuli Ncube, is expected to present his Mid-Term Fiscal Policy Review and ministerial statement on the state of the economy in Parliament on next Thursday Speaker of the National Assembly Advocate Jacob Mudenda on...
