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Zim suffers US$6,8 billion trade gap

A trade deficit is a situation in which a country imports goods worth more than the value of the goods that it exports. 
By Mthandazo Nyoni Feb. 25, 2024
Truworths decries restrictive pricing laws
Truworths decries restrictive pricing laws
Formal retailers are required by law to use the 10% trading margin above the interbank rate. 
By Tafadzwa Mhlanga Feb. 25, 2024
Battery firm ramps up efforts to combat fake batteries
 Some of the peddlers of fake batteries have been known to peddle low priced products, which simply bear the Exide logo to hoodwink the loyal Exide brand clients.
By Takemore Mazuruse Feb. 25, 2024
RBZ’s quasi-fiscal activities under spotlight
Bhoroma said it would have been achievable if the central bank’s monetary policy was divorced from political interference or from political objectives.
By Melody Chikono Feb. 18, 2024
Lithium sector may cull over 1 000 jobs
Prospect Lithium Zimbabwe also had plans to reduce the labour force by about 164 employees effective from January 2024, citing lithium prices, according to workers’ unions.
By Mthandazo Nyoni Feb. 18, 2024
Retirement journey of an entrepreneur
Putting in place data management systems that ensure data is safe but transferrable to the next vision leader(s) facilitates a smooth transition from one visionary leader to the next.
RBZ boss designate hits ground running 
Mangudya said it was a positive thing that the new governor was coming from the market.
By Tatira Zwinoira Feb. 18, 2024
Zimbuild strives to leave an indelible mark on global construction industry
She said Zimbuild was poised to leave an indelible mark on the global construction arena and shape the future of infrastructure globally.
By Staff Reporter Feb. 18, 2024
Lack of storage facilities costs farmers
Small-scale farmers have been losing money, particularly on fruits and vegetables due to the overabundance of perishables compared to the low disposable income of consumers.
By Tafadzwa Mhlanga Feb. 18, 2024
President’s public assets order raises eyebrows
President Mnangagwa last week gazetted General Notice 164B of 2024, exempting 21 public entities from compliance with the Public Procurement and Disposal of Public Assets Act.
By Blessed Ndlovu and Tafadzwa Mhlanga Feb. 11, 2024
Foreign investors flock into Zimbabwe
During both periods, investors from China continue to dominate, having the highest number of investors with mining being their most preferred sector followed by the manufacturing sector.
By Mthandazo Nyoni Feb. 11, 2024
Zimbabwe’s gold production up 25%
According to statistics obtained by Standardbusiness last week, small-scale miners produced 1 895,9 kg, up 32% compared to the same period last year.
By Belinda Chiroodza Feb. 11, 2024
Unki platinum output up 17%
The firm operates several PGM mines in South Africa, which holds the world’s second largest proven reserves.
By Mthandazo Nyoni Feb. 11, 2024
NRZ targets 2,7 million tonnes of freight
He said NRZ was an economic enabler, playing a major role in the energy, mining, agriculture and fuel sectors.
By Daniel Moyo Feb. 4, 2024
SeedCo wins US$1m claim against Credcorp Investments
In its plea, the court said Credcorp simply made a bare denial of everything of substance alleged by SeedCo. From there, Credcorp pleaded the alleged compromise.
By Mthandazo Nyoni Feb. 4, 2024
Entrepreneur seeks to boost agribusiness sector with technology
After powering the device with batteries, he presses a button, bringing up a white screen that displays various grain options for testing.
By Sefakor Fekpe Feb. 4, 2024
Revised strategic marketing plan for entrepreneurship
 An entrepreneur should have a targeted group of customers where maximum attention and effort are exerted resulting in enhanced satisfaction being guaranteed.
By Dr Farai Chigora Feb. 4, 2024
A timeline of Zimdollar’s second demise
 Upon its reintroduction, the local currency traded at $6,32 against US$1 in the official forex market, and US$1:$13,5 in the parallel foreign currency system.
By Tatira Zwinoira Feb. 4, 2024
USAid programme equips rural farmers
Transportation services, recognised as essential year-round, cater to planting needs from November to December and shelling requirements from May to June.
By Business Reporter Feb. 4, 2024
Women entrepreneurs set tone for productive year
Mazo also emphasised  the importance of collaboration and that women should explore opportunities available at her organisation.
By Takemore Mazuruse Feb. 4, 2024
‘Superfoods can boost Zim’s exports’
To penetrate these new markets, ZimTrade said local companies should take full advantage of the programmes it offers, including capacity building and market linkages.
By Mthandazo Nyoni Feb. 4, 2024
Wholesalers put curbs on informal sector orders
Economist Tony Hawkins said: “Retailers are now allowed to buy direct from industry and manufacturers are allowed to sell to hotels subject to tax compliance.
By Blessed Ndlovu Jan. 14, 2024
Zim loses millions as sanctions cripple MMCZ
Ofac monitors sanctions adherence and penalises any United States company or individual that does business with a sanctioned individual, entity or country.
By Mthandazo Nyoni Jan. 14, 2024
Professionalism drives Mhuriro’s logistics business
Mhuriro, who is a family man and a father of three, said he was happy to be playing his part in growing the local economy through his business which now has presence around Zimbabwe.
By Takemore Mazuruse Jan. 14, 2024
Life is like a box of chocolate
So, open the box and take what is there. We will find that quality is right up our street (and school)!
By Tim Middleton Jan. 14, 2024
Exploring entrepreneurial strategy realism
Developing business assumptions such as those to do with currency reforms, inflation rate and extent of brain drain.
By Farai Chigora Jan. 14, 2024
Caledonia achieves record gold production
He said Caledonia continues to work on the feasibility studies in respect of the Bilboes sulphide project to determine the optimal implementation strategy for the project.
By Mthandazo Nyoni Jan. 14, 2024
RBZ in dilemma over bank notes
Bhoroma said the solution is not about printing more banknotes, but embarking on reforms and implementing policies that are business-friendly.
By Melody Chikono Jan. 13, 2024