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Zim Market Rejects Local Currency

The local market is expected to fully dollarize earlier than expected if authorities fail to reinforce levers to strengthen the local RTGS dollar, amid expert fears of the collapse of the RTGS dollar, 263Chat business has learnt. The…

Tobacco Sales Drop 51%

Tobacco sales dropped 51.5 per cent as of the 39th day of the 2019 tobacco selling season compared to the corresponding period from last year on account of depreciated quality yield and weaker prices, a latest Reserve Bank of Zimbabwe…

New Bakery Opens In Gweru

A new US$320 000 bakeries and milling plant which is set to produce more than 20 000 loaves of bread per day was officially opened by the Minister of Industry and Commerce, Simangaliso Ndlovu in Gweru yesterday. By Delicious Mathuthu…

ED Declares War On Procurement Rot

President Emmerson Mnangagwa on Thursday issued a stern warning against corrupt tendencies that have become synonymous with the country’s public procurement system while threatening to cripple the economy. Mnangagwa made the remarks…