The recovery of the economy after more intense phases of the lockdown and the general strength of the economy was displayed in spectacular fashion this week at the Reserve Bank of Zimbabwe’s (RBZ) foreign currency auction.
Rising operational costs weighed down Zimbabwe’s mobile telecommunications companies, with the foreign currency requirements generally recording the biggest jump in expenses – prompting the regulator to grant them the green-light to charge for services in foreign currency, or in the local currency adjusted at the rate of the day.
WOMEN should shun prostitution and learn to use their hands to engage in meaningful projects to sustain themselves and their families, First Lady Auxillia Mnangagwa said yesterday at an interface meeting with single mothers in Seke.
TWO of Zimbabwe’s leading student unions yesterday united under the banner “Collective Students Union” and claimed that the United States Embassy in Harare was sponsoring them to engage in demonstrations to provoke State security agents and tarnish the country’s image.
The Government is committed to providing adequate resources for Manicaland State University of Applied Sciences and will consider public-private partnerships to raise more funds for quality infrastructure, Vice President Kembo Mohadi said yesterday.
The Pfumvudza farming concept will benefit everyone as the Government seeks to empower the majority of people, President Mnangagwa said yesterday at State House when he was handed the ZimLife appreciation award for successfully spearheading the Command Agriculture Programme.
A ROBUST framework must be put in place to scale up the mechanisation of small-scale miners in Zimbabwe who continue to use hand tools despite contributing 60 percent formal gold deliveries, the Zimbabwe Miners Federation (ZMF) has said.
The Zimbabwe Stock Exchange (ZSE) yesterday launched a new online trading platform that is targeted at retail or individual investors.
Mines and Mining Development Deputy Minister, Polite Kambamura, recently toured Eureka Gold Mine in Guruve district to ascertain, first hand, the progress made towards reopening of the mine. The mine, which is part of Dallaglio Investments (DI) (Pvt) Limited, is currently under construction with production expected to start in the third quarter of 2021. Once in operation, the mine looks set to catapult Dallaglio into becoming the country’s largest gold producer. Our Business Reporter, Ishemunyoro Chingwere (IC), took advantage of the tour to engage the mine management on progress made in the construction work as well as future plans. Dallaglio chief executive officer, Mr Marc Nicolle and James Beare — the managing director of Delta Gold, a subsidiary of Dallaglio, spoke on behalf of mine management. The following are excerpts of the interview.
Independent external auditors are engaged to audit an entity’s books of accounts and express an opinion on whether the audited financial statements fairly present, in all material respects, the financial position of the entity and the results of its operations for a period.