21 Zim companies penalised for forex abuse
ZTN Correspondent THE Reserve Bank of Zimbabwe (RBZ) has found 21 more entities guilty and facing penalties for abusing the foreign exchange auction system. This brings to 39 the number of entities ...
Water problem triggers SA border closure
Thupeyo Muleya, Beitbridge Bureau Commercial cargo is gradually piling up at Beitbridge Border Post after South Africa temporarily closed its side of the border due to a major fault on their water ...
Bulawayo Factory Plant Goes Up in Smoke
Munashe Mukahlera Property, whose value is yet to be established, was destroyed after fire broke out at Monarch Steel factory plant in Zimbabwe’s second largest city, Bulawayo. The fire broke out on ...
Afrochine’s Operation An Opportunity For Zimbabwe
Sihle Mkondo Afrochine Smelting, a subsidiary of Tsingshan Holdings Group, the world’s largest nickel and steel producer, has been given exclusive rights to establish an integrated chrome mining ...
Over $US1 Billion Disbursed Through Forex Auction System
Owen Kaura The Reserve Bank of Zimbabwe (RBZ) says local companies have benefited more than $US1 billion on the Foreign Currency Auction System since its re-introduction in June 2020. On ...
Lessons learnt from the opening of the Kazungula rail-road Bridge
Sihle Mkondo Zimbabwe’s President Emmerson Mnangagwa was part of the regional leaders who graced the commissioning of the 923 metre long Kazungula Bridge which was developed at a cost of US$259,3 ...
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