News Zimbabwe Commodities: Zimbabwe: Govt Has Neglected Us - Says War Vets - Miffed Over Meagre Payouts
Disgruntled veterans of Zimbabwe's liberation struggle are clamouring for President Emmerson Mnangagwa's administration to improve their measly monthly allowances and pay-outs to surviving spouses and children.The former freedom fighters accuse the current government of turning a blind eye to their welfare, which has for long remained a cause for concern.Speaking at the burial of liberation heroine, Sarah Zvidza, at Chinhoyi Heroes' Acre last...
News Zimbabwe Commodities: Zimbabwe presses miners to produce battery-grade lithium locally
Zimbabwe wants lithium miners operating in the country to work towards producing battery-grade lithium locally and could impose a tax on exports of lithium concentrate in future, Mines Minister Winston Chitando said on Wednesday.
News Zimbabwe Commodities: Zimbabwe: Fresh calls for re-dollarization
As the Zimbabwean dollar continues to weaken against the US dollar, some lawmakers have called for the official dollarization. The move was last operated in2009 when the local currency was dropped and replaced mainly by the US dollar after an episode of hyperinflation.
News Zimbabwe Commodities: Prices of Basic Commodities Skyrocket in Zimbabwe As Local Dollar Tumbles
Kudzayi Zvinavashe HARARE - With the value of Zimbabwe’s currency falling dramatically by the day, prices are rising and markets are demanding US Dollars for goods and services. That’s putting pressure on the government to restore stability – and what one official called “sanity” – to the...
News Zimbabwe Commodities: Zimbabwe: VP Chiwenga Meets Swiss President
Mukudzei Chingwere in Montreux, SwitzerlandVice President Constantino Chiwenga yesterday met Swiss President Alain Berset to whom he delivered a message from President Mnangagwa, as well as discussing about strengthening of economic cooperation, with Swiss companies already ramping up their investments in Zimbabwe.The VP and Minister of Health and Child Care is in Switzerland for the 5th Patient Safety Global Ministerial Summit at the invitation...
News Zimbabwe Commodities: Zimbabwe: Hippo Valley Feels the Pinch of Duty Waiver On Basic Commodities
Listed sugar producer, Hippo Valley Estates is still enduring the pains of a duty waiver placed on basic commodities after suffering a significant decline of sugar sales.
News Zimbabwe Commodities: Africa gears up to keep more of the profits from lithium boom
From 40,000 tonnes this year, the continent will likely produce 497,000 tonnes in 2030, commodities trader Trafigura estimates, with the bulk of that coming from Zimbabwe. Prices for lithium more than ...
News Zimbabwe Commodities: Zimbabwe’s budget plans open door for growth. But only if high interest rates don’t derail them
A slowdown in price rises, combined with the shift to less aggressive rate hikes, is good news for the minister’s budget initiatives on growth.
News Zimbabwe Commodities: Zimbabwe to start operating new coal power unit by March
Zimbabwe will start operating a new unit at its only coal-fired power plant by March, the country's deputy energy minister said on Wednesday, providing relief to millions of citizens rocked by frequent power outages in recent months.
News Zimbabwe Commodities: Basic commodity prices increase marginally
THERE has been a steady increase in the prices of some basic commodities over the last few weeks in supermarkets as manufacturers and importers push up wholesale prices, sometimes by switching to black-market exchange rates for imported materials.
News Zimbabwe Commodities: Zimbabwe: Private Financing for Manicaland Farmers
The just launched Zimbabwe Mercantile Exchange (ZMX) platform that will allow farmers to trade about 18 commodities excluding maize addresses these pain points and helps unlock capital for farmers ...
News Zimbabwe Commodities: Long road ahead for ZW$
Complementary effects are also likely to emanate from the current account surplus which draws from the strong global commodity prices. Zimbabwe’s current account balance is largely driven by receipts ...
News Zimbabwe Commodities: Zimbabwe: Will Commodities Price Fall Affect Zim?
After souring to levels not seen in nearly a decade in 2021, global prices of most commodities are expected to soften this year as supply constraints ease. Prices of a wide range of commodities ...