Dubai (New Ziana)-Government remains determined to tame black market foreign currency trading and will reinforce the weekly auction system to ensure currency and exchange rate stability, a senior government official has said. The Reserve Bank of Zimbabwe introduced weekly forex auctions last year to improve access to foreign currency. But, despite its earlier successes-which include […]
Dubai (New Ziana) – The Zimbabwe government expects industry’s capacity utilisation to surge to over 60 percent by year-end despite challenges posed by the COVID-19 pandemic, Vice President General Constantino Chiwenga (Rtd) said on Thursday. Capacity utilisation is the extent to which industrial infrastructure is being used versus its maximum installed capacity. A recent manufacturing […]
Dubai (New Ziana) –With abundant mineral resources, good climate and soils for agriculture and highly skilled human capital, Zimbabwe offers an unrivalled investment portfolio and is ready to welcome new global capital, Vice President General Constantino Chiwenga (Rtd) said on Thursday. He said this in his intervention during an interactive session at the highly subscribed […]
Dubai (New Ziana) – Vice President General Constantino Chiwenga (Rtd) on Wednesday toured Zimbabwe’s pavilion at Expo2020-Dubai and commended the impressive design and set up, highlighting that it aptly captures and showcases the country’s journey and developmental aspirations. Zimbabwe’s pavilion is divided into four zones and has unique designs showcasing some of the country’s World […]