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Government boosts smallholder horticulture

AGRICULTURE minister Anxious Masuka says the government is introducing infrastructure, finance and market support for smallholder horticulture under the Presidential Rural Development Programme. (more…)

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June 25, 2022

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Business frets over spooked economy

BUSINESS is concerned that the economy continues to show signs of stress, amid growing inflation and volatility of the local currency, threatening Zimbabwe’s projected 5,5 percent economic growth for 2022. (more…)…

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June 23, 2022

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Derivatives market launched

FINANCIAL Securities Exchange (FINSEC) yesterday launched Zimbabwe's first derivatives market, which it says will be available for futures, options and indices. (more…)…

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June 23, 2022

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US$1 billion Afreximbank boost for exporters

THE African Export-Import Bank (Afreximbank) says it has committed US$1 billion to support weaker exporting companies from the continent, which may struggle to cope with the changes that the African Free Continental Free Trade Area (AfCFTA) will bring. (more…)…

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June 23, 2022

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Zimbabwe eyes increased business with Turkey

THE government says there have been significant exchanges of high-level visits between the public and private sectors of Turkey and Zimbabwe as both countries eye increased commercial relations. (more…)

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June 23, 2022

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Private sector lifts wheat production

AGRICULTURE permanent secretary John Basera says private sector contractors account for at least 33 percent of total wheat production this year. (more…)

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June 23, 2022

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Zimbabwe targets US$25 million housing facility

HOUSING minister Daniel Garwe says pan-African development financial institution, Shelter Afrique, is set to extend a US$25 million facility to finance the construction of 3 000 housing units in Zimbabwe. (more…)

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June 23, 2022

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Bread prices to go down — RBZ

THE Reserve Bank of Zimbabwe (RBZ) and the National Bakers Association of Zimbabwe have entered into an agreement which will see the price of bread in the country going down. (more…)

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June 21, 2022

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Nicoz raises stake in Mozambique unit

NICOZDIAMOND Insurance (Nicoz) says it has increased its shareholding in Diamond Companhia de Seguros to 71,4 percent from 51,4 percent, after successfully injecting additional capital into the Mozambique general insurer during the year ended December 31, 2021. (more…)

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June 20, 2022

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‘Miners to achieve US$8 billion in 2022’

THE mining sector is Zimbabwe’s major foreign currency earner, accounting for around 70 percent of the country’s export receipts. The sector is however dogged by challenges including inadequate foreign exchange allocations to fund operational requirements and expansion projects, loss of value on the surrender portion of export proceeds…

June 18, 2022

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Sunday, 26 June 2022

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