Business
China approves Zim fresh citrus exporters
The General Administration of Customs of China has released a list of registered Zimbabwean orchards and packhouses for fresh citrus exports to China. This is a major boost to trade relations between Zimbabwe and China, which has become the country’s largest foreign direct investment source. The Government of Zimbabwe and China finalised the citrus trade […]
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US$1m Hwange tourism project nears completion
THE US$1 million cultural village being constructed in Lubangwe, Hwange district in Matabeleland North with the aim of promoting rural tourism is almost complete with most structures already in place. A Chronicle news crew visited the facility in Lanyula Village under Chief Shana on Saturday and observed that the facility has a campsite where three […]
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POSB opens Mutare microfinance service
THE People’s Own Savings Bank (POSB), on Wednesday, commissioned a microfinance service centre in Mutare to improve access to capital by micro, small and medium enterprises (MSMEs). The microfinance service centre is part of POSB’s drive to enhance financial inclusivity and social impact across the country. The microfinance centre in Mutare will bring convenience to […]
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RBZ clarifies new forex surrender policy
THE Reserve Bank of Zimbabwe (RBZ) is set to meet with the Bankers Association of Zimbabwe (BAZ) and Accountant General with a view to map the way forward on the use of foreign exchange from the 25 percent surrender portion of export proceeds. Reserve Bank of Zimbabwe (RBZ) RBZ governor, Dr John Mangudya, has said […]
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Zim scales up milk production
Local milk production has steadily increased from just over 79 million litres in 2021 to the current 91 million litres, as the government pledges continued support to the livestock sector and milk production value chain. Stakeholders in the dairy sector are on a drive to meet national milk requirements and export surplus. Speaking on the […]
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Global demand FOR expected to drive Zimbabwe’s lithium mining industry
THE Lithium Association of Zimbabwe is confident the strong global demand for the commodity is set to boost local production and viability. The association has been unveiled to focus on the growth of the viable industry which has so far attracted interest from several international investors. Despite fluctuating prices on the global market, it is […]
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Annual Chamber of Mines indaba kicks off in Victoria Falls
THE annual Chamber of Mines of Zimbabwe Conference kicks off here today and delegates are expected to engage in high-level discussions during the three-day indaba. Coming at a time when Zimbabwe is pushing towards meeting the US$12 billion mining industry target this year, the conference seeks to create value and opportunities for emerging minerals such […]
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Zim-China cooperation to boost trade, investment
The win-win cooperation between Zimbabwe and China will pave the way for the socio-economic development of the two countries, Minister of Foreign Affairs and International Trade Ambassador Frederick Shava said during the ongoing Zimbabwe-China Business Forum underway in Beijing China. Giving his remarks during the official opening, Minister Shava said the business fForum “undoubtedly offers […]
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Sanctions eroding value of Z$: AfDB
The depreciation of the Zimbabwe dollar is partly due to illegal economic sanctions imposed on the country by Western countries, the African Development Bank (AfDB) said in its African Economic Outlook report released on Wednesday last week. Zimbabwe has been reeling under sanctions since the turn of the new millennium and the economic embargoes have […]
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