Month: July 2023

ZimTrade chief executive officer, Allan Majuru
Business

25 firms to exhibit at Zambian trade fair

Over 25 Zimbabwean companies are scheduled to exhibit local products and services at Zambia’s largest trade fair, scheduled for August 2-7 2023 in Lusaka, as the Second Republic gears up efforts to establish a strong presence in regional markets. The participation of local companies at the Zambia Agricultural and Commercial Show (ZACS), which is facilitated […]

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News

ZBC clears air on elections coverage… lays bare CCC’s hostility

Public broadcaster, the Zimbabwe Broadcasting Corporation (ZBC), has stressed that it remains objective and stands guided by the law of the land when it comes to coverage of next month’s elections, putting to bed assertions by the opposition CCC that its coverage had been “unconstitutional and biased”. This follows accusations by CCC spokesperson Fadzai Mahere […]

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News

ZEC defers Gutu West elections

The Zimbabwe Electoral Commission has postponed the Gutu West constituency election due to be held simultaneously with the August 23, 2023, harmonised polls following the death of one of the candidates, Mr Christopher Mutonhori Rwodzi, in a road accident last month after nominations  closed. This is a standard procedure so that those who nominated the […]

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President Mnangagwa is introduced to Russian Federation’s Deputy Minister of Foreign Affairs and Special Presidential Representative for the Middle East and Africa, Mr Mikhail Bogdanov by Mr Igor Viktorovich Bogdashev, Director of State Protocol Department at the Ministry of Foreign Affairs of Russia (left), on arrival at Pulkovo International Airport in St Petersburg, Russia yesterday. — Picture: Presidential Photographer Tawanda Mudimu
News

Russian mining giant heads to Zimbabwe

THE world’s largest diamond producer Alrosa of Russia will next week be in Zimbabwe to start work on mining operations with 50 more companies from the Euroasian nation targeting various sectors. This emerged yesterday after President Mnangagwa’s arrival for the two-day Russia Africa Economic and Humanitarian Forum. Because of the “Zimbabwe is Open for Business” […]

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News

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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News

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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Business

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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Business

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 Bank Chief Executive (CE), Solomon Nyanhongo (left) and CURE Zimbabwe Executive Director Jonathan Simpson shortly after the signing ceremony.
Business

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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Professor Mthuli Ncube
Business

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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