He has been appointed to various leadership
positionsHe is the current CE of United
RefineriesDoug Munatsi assumes board CE position
Harare - Renowned businessman,
Busisa Moyo has been appointed the new board chair of the Zimbabwe Investment
and Development Agency (ZIDA).
The new...
Hyperinflation has changed accounting
standards in reportingHyperinflation accounting was adopted
in the second half of 2019Before dollarisation Zimbabwe used
hyperinflation accountingCompanies delaying financials release
as a consequence
Listed companies in Zimbabwe will
delay release of their earnings for the period to December 2019 due...
Government implicitly sees exchange rate
falling by almost 100% in 3 monthsProducer prices set on Tuesday guides the
projectionFormal exchange eases by over 20% after
Reuters goes live
Harare - New set producer prices for wheat, suggest that the government of Zimbabwe sees the exchange rate closing...
The development follows the lack of an
official exchange rateThe Reuters system will pave way for an
official market exchange rate and liberalisation of foreign exchangeThe system will also generate a daily
exchange rate.
A defining
economic development in Zimbabwe took place today as the treasury...
World Bank providing $12 billion in immediate
supportConfirmed cases spiking in Africa, one death
reportedGlobal markets crumbling amid the corona
virus outbreak
Harare - Most
African nations reel on high risk of debt, stunted global economic growth as
result of the financial sector’s resistance to change , high...
Grain, maize meal and wheat flour
listed on Open General Import LicenceIndividuals and corporates to import
without import licence
Harare - As the country continues to wrestle not only food
insecurity but inflation which is fuelling the increase of poverty, pricing of
basic food consumed by the...
SADC’s economic growth slower than
other blocsPower cuts affecting SA economySlow SA economic growth to grow
marginally
Harare- SADC’s regional economy is expected to continue on a
slow growth trajectory as South Africa’s economic challenges continue.
The bloc’s growth has been slow...
