The Reserve Bank of Zimbabwe (RBZ) has released the new priority list for foreign currency payments with bias towards productive sectors as the country grapples with low foreign currency reserves. The RBZ's move is meant to allocate the little foreign currency available towards critical sectors of
Dairy producer, Dairibord Holdings Limited has not declared a final dividend for the full year 2019 trading period as the company consolidate its balance sheet against the imminent threat of a recession from the Covid-19 pandemic, 263Chat Business reports. In November, the company paid off its
HARARE-28 APRIL 2020 Leading financial services institution, Stanbic Bank Zimbabwe, has put its shoulder on the wheel in the fight against Covid-19 by pledging an assortment of the much-needed equipment worth US$200 000. The Standard Bank Group subsidiary is geared to donate a total of 5
A Bulawayo based bookshop, Dingani Bookshop and Stationery, has come up with an innovative idea to teach secondary and high school pupils from the comfort of their homes amid the COVID-19 lockdown. The online classes, which will be conducted by Umthombo Wolwazi TV, will commence on
Despite assurance of a bailout package by the government, small and medium enterprises (SMEs) players are fretting over an uncertain future in business as government is procrastinating on its promise, 263Chat Business has established. Zimbabwe's SMEs sector has been inactive for over a month now as
The Zimbabwe Coalition on Debt and Development (ZIMCODD) has bemoaned the adjournment of parliament saying it does not guarantee guarantees transparency and accountability. In a weekly report, Zimcodd says whilst it was for safety issues the suspension it had created a unique challenge for parliamentary functions. “The
Several informal traders and residents have filed an urgent chamber application at the High Court seeking an order to stop local and central government from demolishing their vending stalls and tuck shops across the country. In an application filed on Sunday 26 April 2020 by Dr
Farmvest Agricapital secures multi-year contract agreements for production and processing of Moringa and Moringa based products in Zimbabwe
Contrary to popular belief it has emerged that "slay queens" do have commendable household qualities according to a live video chat of Ghanaian television personality, Elikem Kurmodzie who is captured singing praises on his ex-wife Pokello Nare's wifely qualities. The pair ignited their romance on screen
The United Nations Development Programme (UNDP) in Zimbabwe has unveiled US$4 100 000 through Global Fund channelled towards the procurement of personal protective equipment for frontline health workers fighting against COVID-19. The personal protective equipment to be acquired includes over 710,000 surgical and respirator masks, 5
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