Browsing: Business

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JUST IN: AMA to set up fresh produce hubs

The Agriculture Marketing Authority (AMA) will open market hubs for horticulture produce as Zimbabwe targets food self-sufficiency, in a development expected to allow farmers access to structured and organised markets, chief executive officer Mr Clever Isaya has said.

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Oil drilling heralds new era

Zimbabwe’s economy is headed for exciting times ahead following the recent announcement by Invictus Energy, the Australia listed resources firm that is exploring for oil and gas in the Muzarabani, that it will start drilling Zimbabwe’s first oil and gas wells within its prospective area in October next year.

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JUST IN: Tobacco deliveries top 181 million kg

Herald Reporter Tobacco deliveries have reached 181 million kg, as contract floors continue to receive deliveries despite the curtain coming down on the selling season for auction floors late last month. The 2020 tobacco auction season closed on August 28. The Tobacco Industry and Marketing Board said it will announce the clean-up sale dates this […]

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Sponsored: Women’s Rights Groups Makes Strides towards Ending Unsafe Abortions.

Unsafe abortions totalling almost 70 000per year have  contributed significantly to Zimbabwe’s high maternal deaths, making the subject a critical issue in reproductive health. While the subject of unsafe abortions was previously a deep secret and taboo, health stake-holders and women rights defenders are now breaking the silence and pointing out the needless deaths of […]

Business
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Tourism re-start huge relief for local communities

THE re-start of the tourism sector and ongoing related infrastructure investments should yield more benefits for grassroots communities who are severely affected by the disruptive Covid-19 impact, the Zimbabwe Tourism Authority (ZTA) has said.

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ZMF secures gold buying licence

THE Zimbabwe Miners Federation (ZMF) has secured a gold-buying licence and will now buy the yellow metal as an agent of state owned Fidelity Printers and Refiners.

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BNC invests US$5.1m into capital projects

BINDURA Nickel Corporation (BNC) sunk a total of US$5.1 million into capital expenditure during the full year ended March 30, 2020 as it continues to undertake various capital projects at the mine.

Business
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Govt unveils foreign currency income tax thresholds

Treasury has unveiled foreign currency denominated income tax bands that will see the tax free threshold pegged at US$350 while the highest bracket will be for those earning more than US$15 000 per month, who will be taxed at 40 percent.

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ZSE rally continues

The Zimbabwe Stock Exchange (ZSE) extended gains for the 13th session as it remained afloat in week-ending trades.

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