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Wednesday, April 24, 2019
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Nostro balances rise to $700m

 Taurai Mangudhla Total deposits in Zimbabwe hit $9.2bn in the first week of March, comprising $700m hard currency, the permanent secretary of the Ministry of...

Zim to import 900,000 tonnes of maize: ZCFU

LIVINGSTONE MARUFU  Zimbabwe may import around 900,000 metric tonnes of grain this year to cover a deficit widened by two weather extremes - drought and...

IMF mission to visit Zim next week

Taurai Mangudhla An International Monetary Fund (IMF) mission is expected in Zimbabwe next week to hold discussions with the government on the country’s debt clearance...

Tobacco farmers hold firm to their crop

Livingstone Marufu  Tobacco farmers have continued to hold on to their crop amid reports that they have only delivered less than 10% of the golden...

Tax reforms to rescue debt-distressed Zim—ECA

NDAMU SANDU IN MARRAKECH, MOROCCO Taxation reforms and improvement in non-tax revenue will extricate Zimbabwe from the debt trap, a new report has shown. In its...

CYCLONE IDAI: Trade flow along Beira Corridor significantly affected

NDAMU SANDU IN MARRAKECH, MOROCCO Cyclone Idai which ravaged Zimbabwe, Malawi and Mozambique has significantly affected the flow of goods through one of the country’s...

Smart local investors and market participants factor-in global influences

CHRIS CHENGA Oftentimes it is not so apparent to local stakeholders that policy makers are caught right between satisfying the concerns of local market participants,...

Buyers bring in $1 billion to buy golden leaf

LIVINGSTONE MARUFU/CHENGETAI ZVAUYA International tobacco buyers have mobilised US$1bn to buy the country’s golden leaf crop this year, a move expected to boost foreign currency...

Cyclone Idai weakens Zimbabwe’s export competitiveness

LIVINGSTONE MARUFU ZIMBABWE’s export promotion body, Zimtrade has said the country’s exports were left uncompetitive after Cyclone Idai destroyed Beira Port leaving companies to use...

Listed companies in limbo over results

SIMBA RUSHWAYA/GAMUCHIRAI TSOKOTA The Public Accounts and Auditor’s Board (PAAB) says it is still consulting on how best listed companies will publish their 2018 audited...