The Zimbabwe Stock Exchange industrial index advanced 3.71 percent in July to 203.25 points, its highest for over three and half years, driven by the gains in most heavyweights.
The Southern African Development Community (SADC) and the Food and Agricultural Organisation (FAO) are set to meet from tomorrow to discuss the recurrence of an outbreak of a highly contagious bird flu in the key markets of South Africa and Zimbabwe.
Zimbabwe’s biggest bank, CBZ has set new withdrawal limits for its international Visa card holders who will also now be required to fund their accounts with physical cash before travel.
Zimbabwe can easily turn around from a $4.5 billion economy today into a $50 billion economy if it speedily implements the Special Economic Zones it has already identified, the Member of Parliament for Chegutu West Dextor Nduna says.
The Zimbabwe Anti-Corruption Commission (ZACC) says it has no money to carry out investigations outside the capital Harare due to limited funding from Treasury.
Zimbabwe’s trade deficit narrowed by 5 percent to $1.3 billion in the first half of the year, after exports fell 9 percent, latest data from the Zimbabwe National Statistics Agency (Zimstat) shows.