Commercial Farmers' Union of Zimbabwe
‘Traders drive black market rates’ 25/6/2019 Finance and Economic Development Minister Professor Mthuli Ncube The Herald Golden Sibanda Senior Business Reporter FINANCE and Economic Development Minister Mthuli Ncube says foreign currency exchange rates on the parallel market are being driven by speculative traders who want to make huge profits and not people seeking to …
New measures to buttress currency reforms 25/6/2019 The Herald Africa Moyo Deputy News Editor The Reserve Bank of Zimbabwe (RBZ) has put in place letters of credit (LCs) amounting to US$330 million for the importation of fuel, cooking oil and wheat, as part of measures to buttress the removal of the multi-currency system by …
Rustler gang slaughters four cattle at roadside 25/6/2019 The Chronicle Sharon Buwerimwe, Chronicle Reporter A MAN from Bulawayo has appeared in court for allegedly stealing four head of cattle from a farmer in Mbembesi. Thandazani Ndlovu (36) with three accomplices only identified as (Golide) Tshuma, Talent and Levison, who are still at large, allegedly stole …
Zera raids 2 000+ illegal fuel dealers 25/6/2019 The Chronicle Natasha Chamba, Business Reporter THE Zimbabwe Energy Regulatory Authority (Zera) has raided over 2 000 illegal fuel dealers countrywide in the last seven months as part of an ongoing operation to bring sanity to the sector. Coming at a time when the country is battling …
Government subsidises mealie-meal prices 25/6/2019 The Chronicle Patrick Chitumba, Midlands Bureau Chief GOVERNMENT has stepped in to subsidise mealie-meal production and pricing so as to ensure the commodity is accessible to every household. Essentially, Treasury is paying about RTGS$10 for every 10kg of mealie-meal sold by retailers as a way of cushioning the consumer. Grain …
EDITORIAL COMMENT: Africa must benefit from its wildlife 25/6/2019 The Chronicle Some 51 days after the holding of the Elephant Summit in Kasane, Botswana, to map ways for wildlife-rich southern African countries to benefit more from the resource, the region is this week hosting yet another high level meeting to address the same. From …
New currency regime averts re-dollarisation 25/6/2019 The Chronicle Martin Kadzere and Enacy Mapakame, Harare Bureau The abolishment of the multi-currency system by Government will avert the country from plunging into full re-dollarisation at a time the economy does not have enough United States dollars to support it, some economic analysts have said. With effect from …
ED slams Cites ‘dictatorship’ 25/6/2019 President Mnangagwa and his Botswana counterpart Mokgweetsi Masisi (background) converse with ZimParks board chairman Rtd Justice Moses Chinhengo at the Rain Forest in Victoria Falls yesterday. (Picture by Believe Nyakudjara) The Chronicle Leonard Ncube, Victoria Falls Reporter PRESIDENT Mnangagwa yesterday called for free trade in wildlife products to ensure a …
UPDATED: VIDEO: Multi currency system removed. . .Goods, services to be more affordable 25/6/2019 The Chronicle Golden Sibanda, Harare Bureau Government has removed the multi-currency regime and restricted domestic transactions to local currency, renamed Zimbabwe dollar, in an effort to enhance affordability of goods and services by the majority of Zimbabweans. Finance and Economic Development Minister …
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Zimbabwe Says Selling Rhino Horns, Ivory Key for Conservation 25/6/2019 Bloomberg Zimbabwe must be allowed to sell ivory and rhino horn stockpiles valued at $600 million to fund environmental conservation efforts in the southern African nation, according to President Emmerson Mnangagwa. “The stocks are from natural attrition of those animals,” he said on Monday …
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