The Oil Expressers Association of Zimbabwe says it has engaged government for a financing facility of $100 million for soya bean production.
The fast-food industry in Zimbabwe, which according to one company serves three million customers, has suffered a big blow after the government banned kaylite packaging with immediate effect.
Zimbabwe’s inflation rate is too low, and needs to increase to stimulate economic growth, central bank governor John Mangudya has said.
The Bulawayo City Council (BCC) revenue payments are now 80 percent by plastic and mobile money but much of the payments were being lost in the system, latest council financial report shows.
Tourist arrivals in Zimbabwe shot up six percent to 479 718 in the first quarter of 2017 compared to the same period last year buoyed by a five percent increase in visitors from mainland Africa, the Zimbabwe Tourism Authority has said.
Zimbabwean President Robert Mugabe continues to defy odds as he trudges on as the Southern African nation’s head of state, now well into his 38th year.