The President is welcomed by his Mozambican counterpart, President Filipe Nyusi, to State House in Maputo, Mozambique, yesterday. — Picture: Tawanda Mudimu Kudakwashe Mugari in MAPUTO, Mozambique ZIMBABWE and Mozambique yesterday enhanced their long-standing relationship through the signing of an agreement establishing a Bi-National Commission (BNC) that was accompanied by the adoption of agreements and […]
The post New dawn for Zim-Moza relations appeared first on Zimbabwe Situation. …
Continue reading…
Monthly Archives: April 2022
RBZ acts on inflation, interest rates
Dr Mangudya Nelson Gahadza Senior Business Reporter THE Reserve Bank of Zimbabwe (RBZ) yesterday moved to curtail resurgent price increases (inflation) in the economy and stabilise the volatile parallel market exchange rate after its Monetary Policy Committee (MPC) significantly increased key interest rates and further cut down the quarter target for money supply growth. These latest […]
The post RBZ acts on inflation, interest rates appeared first on Zimbabwe Situation. …
Continue reading…
Tobacco farmers rake in US$7m in 3 days
Elita Chikwati Senior Agriculture Reporter Tobacco growers have earned a cumulative US$7 million from the sale of 2,6 million kg of tobacco in the first three days of the 2022 marketing season. This comes as 95 percent of the crop is expected to be sold through the contract floors and five percent through the auction floors. […]
The post Tobacco farmers rake in US$7m in 3 days appeared first on Zimbabwe Situation. …
Continue reading…
CCC activists were not arrested: Police
Nyore Madzianike Senior Court Reporter CCC activists Joana Mamombe and Cecilia Chimbiri lost their bid to block the State from tendering documentary evidence that their phones were active in Harare during the time they claimed to have been abducted while a police witness on duty at the roadblock where they claimed to have been arrested said […]
The post CCC activists were not arrested: Police appeared first on Zimbabwe Situation. …
Continue reading…
CABS gets US$7,5m AfDB trade loan
Oliver Kazunga Senior Business Reporter THE Africa Development Bank (AfDB) has approved a US$7,5 million trade finance guarantee facility to CABS for on-lending to local companies, including Small and Medium Enterprises (SMEs). AfDB said the approval was the first of its kind under the bank’s new transaction guarantee instrument, which was formally launched in July last […]
The post CABS gets US$7,5m AfDB trade loan appeared first on Zimbabwe Situation. …
Continue reading…
10 Zim companies participate at German horticulture show
Business Reporter A TOTAL of 10 Zimbabwean companies are participating at the Fruit Logistica expo in Berlin, German this week where they are showcasing the country’s produce and hope to secure export linkages to the European market. The Fruit Logistica Berlin is an international trade fair dedicated to fresh produce. Every year since 1993, decision-makers […] …
Continue reading…
COVID 19: Five die as active cases fall
Blessing Karubwa, Online Reporter FIVE people succumbed to Covid-19 on Monday as the country recorded 87 new cases in the last 24-hour reporting period. Zimbabwe has so far recorded 246 612 cases, 5 451 deaths and 238 857 recoveries. The national recovery rate is now at 97 percent and active cases go down to 2 […] …
Continue reading…
Mamombe, Chimbiri trial: Police tell court activists were never in custody
Police maintain position that the opposition activists were never taken to Harare Central Police Station …
Continue reading…
8 CCC councillors take oath in Bulawayo after party’s clean sweep
‘There is no minority or majority, what we see here are the councillors of the City of Bulawayo’ …
Continue reading…
WATCH: Bulawayo-Nkayi Road works resume
Mashudu Netsianda, Senior Reporter ENGINEERS are back on site and work on the rehabilitation of the 158km Bulawayo-Nkayi Road has resumed as the Second Republic steps up efforts towards completing outstanding major projects in Matabeleland North province. Developing sound road infrastructure is one of the critical enablers towards achieving set targets under the National Development […] …
Continue reading…