Commercial Farmers' Union of Zimbabwe
Just in: Inflation races to 676% 0 April 14, 2020 11:39 PM Source: Just in: Inflation races to 676% – NewsDay Zimbabwe Zimbabwe’s annual inflation for the month of March raced to 676,39% compared to 540.16% in February, the Zimbabwe Statistical Agency (Zimstat) announced on Tuesday. The month on month inflation rate in March was 26.59% gaining 13.07 …
ED orders opening of money transfer agencies Chronicle 7/4/2020 President Mnangagwa and his deputies Dr Constantino Chiwenga and Kembo Mohadi receive a donation of face masks from Timber Care representatives to assist in curbing Covid-19 at State House in Harare yesterday (Picture by John Manzongo) Nqobile Tshili, Chronicle Reporter PRESIDENT Mnangagwa has directed Reserve Bank …
Small businesses need post pandemic stimulus package Herald 1/4/2020 FRESH PRODUCE Leroy Dzenga Youth Diaries Implications of the Covid-19 are far-reaching. It is a global health crisis with heavy socio-economic consequences. Some experts are saying it is easier for the world to recover from a war than an unpredictable novel virus of this kind. …
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Trade freely in forex – RBZ Chronicle 27/3/2020 RBZ Governor Dr John Mangudya Prosper Ndlovu, Business Editor THE Reserve Bank of Zimbabwe (RBZ) has given consumers and businesses greenlight to trade in foreign currency and suspended, until further notice, any increase in charges related to the provision of electronic payments. The decision puts on …
Dual monetary economy: Organised chaos 0 March 13, 2020 1:20 PM Source: Dual monetary economy: Organised chaos – The Zimbabwe Independent Victor Bhoroma DESPITE the visible momentum towards full re-dollarisation and apparent depreciation of the Zimbabwean dollar, the Reserve Bank of Zimbabwe (RBZ) declared that de-dollarisation is well on course. The central bank points that Zimbabwean dollar transactions …
Things fall apart as Zim$ crashes l Black market runs amok l Prices of goods skyrocket l Wages further eroded By Sindiso Mhlope Daily News 12/3/2020 THERE are fresh fears in the country — amid the continuing plunge of the Zimbabwe dollar on the black market and the ever rising prices of basic goods — …
New forex system: What Ncube’s latest move means to you NewsDay 13/3/2020 On Wednesday, Finance minister Mthuli Ncube admitted what the authorities had studiously refused to acknowledge that the interbank forex market was not working. As the black market exchange rate premium reached 100%, Ncube scrambled to free up forex trading, allowing banks to take …
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Pains, cures of agric funding in Zim Financial Gazette 12/3/2020 Shadreck Chinembiri AGR1CULTURAL financing in Zimbabwe has evolved over the years, from pre-independence models to the current state of affairs. However farmers face considerable pain to access appropriate financing that meets their needs. Sometimes it actually feels as if the country has regressed in …
Hippo to strengthen corporate governance Herald 27/2/2020 Business Reporter Hippo Valley Estates Limited’s new strategic thrust is to strengthen corporate governance, financial controls and oversight at all levels within the organisation including subsidiaries, chairman Dan Marokane told the company’s annual general meeting yesterday. Mr Marokane’s remarks come at a time the company is smarting …
Ruling result closure of companies with foreign lines of credit Posted on February 7, 2020 by The Independent in Business Underperformance of the Zimbabwe Stock Exchange and huge voids in the property sector has seen most insurance companies reducing their exposure to traditional assets Kudzai Kuwaza THE ruling by the Supreme Court of Zimbabwe last month declaring that a debt …
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