Commercial Farmers' Union of Zimbabwe
Sugar price up 75 percent Chronicle 31/7/2019 Tongaat Hulett Zimbabwe Walter Mswazie in Masvingo SUGAR producer, Tongaat Hulett Zimbabwe (THZ) has increased the price of brown sugar by a whopping 75 percent with immediate effect citing cost adjustments in line with the interbank exchange rate. According to a new price table from the company …
The far reaching effects of fuel price increases 0 July 31, 2019 2:04 AM Source: The far reaching effects of fuel price increases | Newsday (News) Every driver’s nightmare has become securing fuel and getting it at an affordable price. Remember the days of parity with the US dollar, when fuel was at USD$1.36 for petrol …
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RBZ introduces cocktail of new measures 0 July 25, 2019 5:28 PM Source: RBZ introduces cocktail of new measures | Newsday (News) BY FIDELITY MHLANGA THE Reserve Bank of Zimbabwe (RBZ) yesterday unveiled a cocktail of more measures on the administration of fuel, insurance and chrome ore exports, among others, to buttress the local currency regime. …
Closed banks: Depositors to be compensated in Zimdollars By Newsday – July 24, 2019 BY TATIRA ZWINOIRA GOVERNMENT has instructed its insurer to compensate holders of nostro accounts in closed banks in either US dollars or the equivalent in local currency, it was revealed. Currently, the Deposit Protection Corporation (DPC) is overseeing the liquidation of six banks, …
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‘Nostro accounts balances won’t be compensated’ Herald 24/7/2019 Enacy Mapakame Balances in nostro foreign currency accounts will not be compensated as they are currently not covered by the Deposit Protection Corporation (DPC), in the event of bank failure, an official has said. Deposit protection is a scheme established by Government to protect depositors against …
Zimbabwe increases fuel prices again, but pumps remain dry 0 July 23, 2019 2:03 AM Source: Zimbabwe increases fuel prices again, but pumps remain dry – Yahoo HARARE (Reuters) – Zimbabwe hiked fuel prices on Monday for the second time in a week but most pumps remained dry, with no end in sight to shortages that are …
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Inflation forecast to stabilise Eddie Cross 17/7/2019 Golden Sibanda Senior Business Reporter ZIMBABWE’s galloping rate of inflation will slowdown and come under control by end of this year on exchange rate stability, economic analysts have said. Annual inflation quickened to 175,6 percent for June from 97,8 percent in May, as pass through effects of …