15.3 C
Harare
Friday, July 30, 2021
77% drop in licensed fuel companiesMonthly Fuel Price Review expected this weekPotential rise in production costs in months ahead Following an April 30th 2021 fuel licensing application deadline, ZERA has reported a 77% decline in approved entities. Down from 130, only 30 companies are...
Q1 net revenue outturn at ZW$88.26 billion against ZW$86.52 targetFY2021 total revenue target was set at ZW$390.8 billionExpected economic rebound to increase ZIMRA collections In November 2020, finance minister Professor Mthuli Ncube presented his 2021 National Budget with a spending ceiling of ZW$421.6...
After experiencing two (2) severe consecutive droughts in the 2018/19 and 2019/20 season the agriculture sector is poised for a sharp recovery this season thanks to proper preparations, buttressed by normal to above-normal rainfall across the country. Zimbabwe’s government has supported the...
Following the April 20th 2021 RBZ Press Statement on Bureaux de Change enhanced access to foreign currency, listed below are a few points of concern that should hopefully spark public discourse and yield clarification from the central bank: According to an RBZ...
Aluminium is seeing a price surge buoyed by supply cuts in China, the world's biggest user and producer of the metal while the depressed US dollar makes metals an attractive option for investors. Global aluminium prices hit a near three-year high last...
HARARE – The Banking industry is in a digital arms race. Following the outbreak of COVID-19, we’ve seen local banks – in line with global trends, accelerating digital innovation which is key in optimising the customer experience. For many retail banks, online and mobile channels have...
The golden leaf is set to reel in some gold level earnings this year based on the amount of the commodity that has been sold on various auction floors across the country so far. In the first five days of this year’s...
HARARE – The price of the precious metal, known as a safe haven in times of economic distress has given up roughly 8% year to date while displaying an inverse correlation to that of US treasury yields which have been rising this year.
Gold is earmarked to drive mining sector growth in 2021Gold exports decline trend stretching from 2020International prices easing on global mass COVID-19 vaccination rollouts Zimbabwe’s gold earning crushed to a 2 year low in January, marking a bad start to a year which is...
Petrol now cost US$1.30 and diesel now cost $1.32 per litreZimbabwe has one of the highest fuel prices in Southern AfricaThe hikes come at a time SMEs are trying to recover from COVID-19 constraints HARARE – Zimbabwe is in the middle of its...