INDUSTRIALS & ENERGY

Delta Beverages left with 1 week's supply of beer

Imbibers and soft drink lovers are headed for hard times as the products are fast running out on supermarket shelves amid revelations that the country's biggest producer, Delta Beverages was left with...

By Staff reporter | Published: 09 May 2018

BUSINESS NEWS

'Forex shortages causing supply gaps'

DELTA Corporation says foreign currency shortages in the market are increasingly affecting the group's raw material supply chain, a company official said.The group's corporate affairs manager Patricia...

By Staff reporter | Published: 04 May 2018

EDUCATION

Science teachers in short supply

HIGHER and Tertiary Education minister Amon Murwira has disclosed that the country is facing a serious shortage of secondary school science teachers, following a massive brain drain to neighbouring co...

By Staff reporter | Published: 25 April 2018

MINING & RETAIL

Hwange's 25-year coal supply deals stall

HWANGE Colliery Company Limited (HCCL) is yet to reach financial closure on two 25-year coal supply agreements it signed last year with the Zimbabwe Power Company and the Pan-African Energy Resources....

By Staff reporter | Published: 14 March 2018

LANDS & AGRICULTURE

Maize grain supply decreases

Maize supply on the market has decreased due to anticipated poor harvests caused by the low rainfall experienced in the country from the start of the season up to February, the FEWSNET has reported. T...

By Staff reporter | Published: 08 March 2018

LANDS & AGRICULTURE

Belarus to supply Zim $43 million Agric equipment

The Belarus and Zimbabwean governments will sign a Memorandum of Agreement for the supply of $43 million worth of agriculture equipment, a visiting envoy said on Thursday.Belarus chief of Presidential...

By Staff reporter | Published: 01 March 2018

BUSINESS NEWS

Companies fleeced in Zimra fiscal devices supply

THOUSANDS of Zimbabwean businesses may have lost millions of dollars in an alleged scam by a group of companies contracted by the Zimbabwe Revenue Authority (Zimra) to supply fiscal devices, two years...

By Staff reporter | Published: 29 January 2018

BUSINESS NEWS

Zim left with a week's supply of water chemicals

A major water crisis beckons for Zimbabwe's local authorities amid revelations that the country is only left with just a week's supply of water purification chemicals. Information indicates that AI Da...

By Staff reporter | Published: 15 December 2017

BUSINESS NEWS

'Money supply growth to blame for forex premiums'

The mis-match between the supply and demand for foreign exchange, has led to the emergence of foreign exchange premiums in the market, Finance and Economic Development Minister Patrick Chinamasa has s...

By Staff reporter | Published: 08 December 2017

INDUSTRIALS & ENERGY

'Zimbabwe has over 2 months' supply of fuel'

The Ministry of Energy and Power Development has assured the nation that it is holding more than two months' supply of diesel and over a month's supply of petrol.  Minister of Energy Dr Samuel Un...

By Staff reporter | Published: 27 September 2017

BUSINESS NEWS

Works to increase Beitbridge electricity supply

THE Zimbabwe Electricity Transmission and Distribution Company (ZETDC) is working on constructing a bigger substation to supply electricity to Beitbridge and a poly clinic.ZETDC system development man...

By Staff reporter | Published: 15 September 2017

INDUSTRIALS & ENERGY

Supply local foundries, metal producers told

INDUSTRY and Commerce Deputy Minister Chiratidzo Mabuwa has ordered local metal producers to desist from exporting scrap metal at the expense of domestic foundries.Speaking during a scrap metal indaba...

By Staff reporter | Published: 30 August 2017

ZIMBABWE

Contain 'cash burning', up money supply

RESERVE Bank of Zimbabwe (RBZ) governor, John Mangudya is this month expected to announce the Mid-Term Monetary Policy Statement, with economists calling for measures to contain "cash burning" and inc...

By Staff reporter | Published: 04 July 2017

ECONOMC INDICATORS

Broad money supply up 11,6%

Zimbabwe's broad money supply increased by 11,6 percent between January 2014 and January 2015, from $3,88 billion last year to $4,34 billion, on the back of growth in banking sector deposits, statisti...

By Staff reporter | Published: 21 June 2015

ECONOMC INDICATORS

Zim broad money supply declines

Zimbabwe's broad money supply declined marginally from $4,34 billion in January to $4,33 in billion February this year, confirming the country's economic slowdown, statistics from the central bank sho...

By Staff reporter | Published: 21 June 2015

ECONOMC INDICATORS

Broad money supply surges

Broad money supply surged by $318 million in the year to May 2014 as the country's deposits base responded to the positive effects of a successful tobacco season, the latest report from the Reserve Ba...

By Staff reporter | Published: 21 July 2014

ECONOMC INDICATORS

Broad money supply up 3% in April

Annual broad money growth slowed down by 1,13 percentage points from 7,7% in March to 6,6% in April but increased by 3,3 % on a month on month basis spurred by tobacco sales, Reserve Bank of Zimbabwe ...

By Staff reporter | Published: 30 June 2014

LANDS & AGRICULTURE

Zim beekeepers fail to supply export order

Zimbabwean beekeepers have failed to supply an order for honey and its other products from a Bulgarian company due to low production levels and technology used, an official said on Friday.Beekeepers A...

By New Ziana | Published: 14 April 2014

ZIMBABWE

ZSE signs ATS supply & installation contract

Zimbabwe Stock Exchange chief executive Alban Chirume announced today that the bourse signed a contract for the supply and installation of the Capizar ATS product by Infotech Middle East FZ LLC."The Z...

By Staff reporter | Published: 20 March 2014

ECONOMC INDICATORS

Zim money supply up 2,1%

Money supply marginally grew by 2,1% in January 2014, an increase of 0,7 percentage points from the average 1,4% recorded in the last quarter of 2013, latest central bank statistics show.The Reserve B...

By Staff reporter | Published: 18 March 2014

FINANCIAL SERVICES

Zim banks pursue Yuan, Rupee supply

Zimbabwean banks are in negotiations with China and India for supply of the countries' currencies.This comes on the back of the Reserve Bank of Zimbabwe (RBZ)'s addition of four new currencies - Chin...

By Staff reporter | Published: 12 March 2014

MINING & RETAIL

'Zim to supply quarter of world rough diamond'

Zimbabwe will account for over a quarter of the world diamond output in the next decade following the success of its first auction, the leading hub for rough diamond trade said on Monday. Zimbabwe hel...

By Antwerp | Published: 28 January 2014

BUSINESS NEWS

ZSE Tender Notice | Supply and Installation of ATS

The Zimbabwe Stock Exchange (ZSE) intends to automate its trading activities in order to match international norms and standards of operation in terms of efficiency, transparency, fairness and cost e...

By Staff reporter | Published: 19 September 2013

ECONOMC INDICATORS

Zimbabwe's broad money supply declines 3%

Zimbabwe's broad money supply, an indicator of inflation declined 3 percent in June this year to $3,84 billion from December 2012, data from Finance Ministry revealed.Broad money is a measure of money...

By Business reporter | Published: 28 August 2013

AMERICAS

Brent holds under $104 on rising supply and weaker Chinese demand

PERTH - Brent futures held under $104 a barrel on Tuesday after the world's largest consumer, the US, nearly doubled an estimate of its shale oil reserves, while prospects of a slowdown in Chinese dem...

By Agency Staff | Published: 11 June 2013
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