Omicron hits Zimbabwe
Newsday VICE-PRESIDENT and Health minister Constantino Chiwenga yesterday confirmed that the country had recorded its first case of the new COVID-19 variant, Omicron, raising fears...
ILO urges Zim to migrate to green economy
Newsday THE International Labour Organisation (ILO) has urged the government to migrate towards a green economy to create jobs and reduce poverty. This follows last...
Export retention holds back BNC… BNC revenue increased by 41% to US$35,3m
Newsday BINDURA Nickel Corporation (BNC) says the 40% export retention and the depreciating Zimbabwe dollar triggered a loss of US$1,2 million during the half year...
Ncube bolsters construction sector
Newsday FINANCE Minister Mthuli Ncube’s 2022 national budget presented on Thursday gave impetus to the growth of Zimbabwe’s construction sector, analysts at Inter Horizon Securities...
Underfire Zim pays US$44m of foreign debt
Newsday PRESIDENT Emmerson Mnangagwa’s administration paid US$44,2 million to foreign creditors during the nine months to September, as part of its refreshed debt repayment plan,...
Rwanda business delegation heads for Zim
Newsday THE Confederation of Zimbabwe Industries (CZI) will on Monday hold an investment conference with corporations from Rwanda. The Rwandan business delegation is expected to...
Unstable exchange rate pushes up mining equipment prices
Newsday MINERS have blamed the ever-increasing cost of mining equipment on inflation and an unpredictable exchange rate. Zimbabwe Diamond and Allied Mining Workers Union (ZDAMWU)...
Mthuli’s 2022 budget lifeless’
Newsday FINANCE minister Mthuli Ncube yesterday presented a $927,3 billion budget with an ambitious gross domestic product growth projection of 5,5% for 2022, but former...
Mthuli Ncube’s 2022 Budget Should Be Realistic: ZCTU
New Zimbabwe ZIMBABWE Congress of Trade Unions (ZCTU) has urged Finance Minister, Mthuli Ncube to be realistic and prioritise the allocation of more resources towards...
RTG arrivals flat
Newsday ZIMBABWE Stock Exchange-listed hospitality chain, Rainbow Tourism Group (RTG) says occupancy levels across its hotels were flat during the nine months to September 30....