Day: July 26, 2023
Zim participates at 66th UNWTO Commission for Africa Summit
ZIMBABWE is set to participate at the upcoming 66th United Nations World Tourism Organisation (UNWTO) Commission for Africa Summit, which is underway in Mauritius. Permanent Secretary in the Ministry of Environment, Climate, Tourism, and Hospitality Industry, Ambassador Raphael Tayerera Faranisi is leading the Zimbabwean delegation. In a statement, the acting deputy communications and advocacy director […]
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Wheat condition impressive countrywide
The wheat condition is generally good, with a bumper harvest expected so that the country will have a surplus of wheat for the second successive year. The bulk of the early planted wheat is now at grain filling stage whilst the late planted crop is at vegetative stage, but all the wheat is in good […]
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SeedCo records spike in demand
LISTED seed producer, SeedCo Limited says improved rainfall and Government programmes aimed towards ensuring food security saw a spike in maize and soya bean seed demand. The high seed demand comes against the backdrop of the country achieving food self-sufficiency due to the Government’s cocktail of interventions to boost agricultural production. This led to the […]
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Trade deficit narrows to US$85,1 million
ZIMBABWE’S trade deficit narrowed by 56 percent in June to US$85,1 million from US$196 million recorded in May with South Africa and China maintaining exports and imports as top destinations, official figures show. Latest data from the Zimbabwe National Statistics Agency (Zimstat) also reflects that the country during the period under review, recorded a 2,0 […]
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Stanbic sponsors 15 children with disabilities to undergo life-changing surgery
Stanbic Bank Zimbabwe has facilitated life-changing surgical operations for 15 children living with correctible disabilities through a US$22 500 grant as part of its commitment to offer affordable quality health care to Zimbabweans. The grant was given to Cure Children’s Hospital of Zimbabwe (CCHOZ), which is the only healthcare organisation that offers free paediatric surgical […]
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Inflation drops
Zimbabwe’s annual inflation eased to 101,3 percent in July from 175,8 percent in the prior month as the local unit continued to firm against the United States dollar and riding on tight fiscal and monetary policy measures. The latest statistics released by the Zimbabwe National Statistics Agency (ZIMSTAT) on Monday show that the month-on-month inflation […]
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IMF forecasts global growth to slow to 3.0 pct in 2023, 2024
Growth in emerging markets and developing economies is expected to pick up with year-on-year growth accelerating from 3.1 percent in 2022 to 4.1 percent this year and next. NEW YORK, July 25 (Xinhua) — Global growth is projected to fall from an estimated 3.5 percent in 2022 to 3.0 percent in 2023 and 2024, and […]
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Duty free cars for retired senior civil servants
RETIRED senior public servants can now import cars with the maximum set between US$40 000 and US$60 000, depending on grade, within five years of retirement following the gazetting of Statutory Instrument 134 of 2023 by Finance and Economic Development Minister Mthuli Ncube on Monday. This follow the regulations last year allowing civil servants in the […]
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President delights Matabeleland North
Matabeleland North has had a period to remember in the last six years with Government championing several developmental projects in the province and voters are keen to see this continued after August 23. These sentiments were expressed by a cross-section of citizens who have gathered at Ndangababi Primary School in Hwange East Constituency ahead of […]
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Corruption: Ex-Zinara boss loses houses, cars
FORMER Zimbabwe National Road Administration (Zinara) chief executive Frank Chitukutuku and his wife Nyasha, have lost their two upmarket houses, a fleet of vehicles and shares in two businesses believed to have been bought from proceeds of corruption, after the High Court granted State application for civil forfeiture. The forfeiture of Chitukutuku assets in a […]
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