Harare, (New Ziana) – The Reserve Bank of Zimbabwe (RBZ) said on Tuesday it will introduce new bank notes by mid-next month as it moves to end long-running cash shortages in the economy. Zimbabweans have endured cash shortages for years, a situation that led to the birth of a thriving parallel market bank note selling […]
Harare (New Ziana) – Fertiliser and chemical manufacturer, Chemplex Corporation is seeking Reserve Bank of Zimbabwe (RBZ) approval to sell some of its assets in US dollars to raise $10 million to complete a sulphuric acid plant at Zimphos, one of its subsidiaries. Chemplex runs companies in the fertiliser and chemical value chain including Zimphos, […]
Bindura (Nehanda Guardian-New Ziana) – The Zimbabwe Prisons and Correctional Service (ZPCS) has no offer letters for three farms on which some of its prisons are located in Mashonaland Central, a senior official with the service has said. Addressing the service’s advisory board members in Bindura recently, Senior Assistant Commissioner Kenny Ndebele, Officer Commanding Mashonaland […]
Harare (New Ziana) – Zimbabwe’s energy regulator on Tuesday increased the price of fuel by 12 percent, after keeping the price unchanged for previous two consecutive weeks. The temporary reprieve had come as a relief to motorists and consumers who had become used to weekly price hikes since the once-a-week reviews were introduced over two […]