Day: March 10, 2024
Gold set to anchor Zimbabwe dollar
GOLD has emerged as the most ideal instrument likely to be used to anchor the structured currency the Government is pursuing to stabilise the exchange rate and curtail persistent inflation. The release of the 2024 Monetary Policy Statement (MPS) has since been delayed to allow the Reserve Bank of Zimbabwe (RBZ) to finalise the finer […]
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Zimbabwe targets another bumper wheat harvest
THE Government plans to put over 90 000 hectares under wheat during this year’s winter season, which could potentially yield another record harvest. The authorities are targeting a haul of 450 000 tonnes of the cereal, which is about 90 000 tonnes more than local demand. Assessments are currently being done to ensure there is […]
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United States spies busted, deported
FOUR United States nationals contracted by the United States Agency for International Development (USAID) reportedly sneaked into the country last month without notifying the authorities as per protocol and proceeded to hold unsanctioned and covert meetings, which were to inform Washington’s adversarial foreign policy towards Zimbabwe. The quartet — Brenda Lee Pearson, Norma Kriger, Sarah […]
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47 farms earmarked for new city
FORTY-SEVEN farms in Mashonaland West and Mashonaland Central provinces have been earmarked for the development of the new capital city in Mt Hampden, where work on core infrastructure, which includes roads, water, electricity and telecommunications, has begun. Most of the infrastructure is expected to be in place by August, when Zimbabwe hosts the 44th Southern […]
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