Fuel licence fees hiked 8 600%
GOVERNMENT has hiked the procurement fuel licence fee to $2 million from $23 000, an increase of about 8 600%, NewsDay Business has established.
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Mthuli moves to liberalise exchange rate
ZIMBABWE will adopt a “managed float” exchange rate regime, Finance minister Mthuli Ncube (pictured) said yesterday, abandoning strict control of foreign exchange by the central bank in the latest move in a series of currency reforms that have so far failed.
JUST IN: Government sets up currency stabilisation task force
GOVERNMENT has set up a broadly constituted task force to implement a package of policy measures meant to stabilise the exchange rate and reduce inflation.
Government sets up currency stabilization task force
GOVERNMENT has set up a broadly constituted task force to implement a package of policy measures meant to stabilise the exchange rate and reduce inflation.
Gonarezhou National Park vs Kruger National Park: The ultimate comparison
Africa has long been a popular destination with tourists the world over. This alluring continent has endless appeal, filled with diverse cultures,
Reprieve for NetOne boss
NetOne Cellular chief executive officer, Lazarus Muchenje, has won a court case in which he was challenging his suspension.
Stringent regulations for US$ fuel
The Zimbabwe Energy Regulatory Authority (ZERA) has warned fuel companies that have been granted approval to sell fuel in US dollars that their licences risk being cancelled if they divert from the set regulations.
NetOne extends forensic audit
NETONE, Zimbabwe’s second largest mobile phone company has extended the forensic audit for the second time in less than a year after previous reports did not find any proof of fraud, embezzlement or theft on part of the management.
Old Mutual goes green
AT a time the country is experiencing excruciating power shortages, Old Mutual Zimbabwe is set to use solar energy on all its
RBZ asks mines to ramp up production
THE Reserve Bank of Zimbabwe (RBZ) has urged the mining sector to ramp up production in order to increase its contribution to the national fiscus.