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TIMB licences four tobacco auctioneers

TIMB licences four tobacco auctioneers

Four auction floors have been licensed for the 2012 tobacco selling season which is set to begin mid next month, industry regulator Tobacco Industry Marketing Board (TIMB) said.

Last Updated ( Sunday, 29 January 2012 13:17 )

 

Zim records budget surplus

Finance minister, Tendai Biti says the country recorded a budget surplus of $30 million for 2011 attributed to increased revenue inflows.

Zim turns to IMF funds to ease liquidity crunch

Zim turns to IMF funds to ease liquidity crunchZim turns to IMF funds to ease liquidity crunch_Zimbabwe is set to withdraw $110 million from the Zimbabwe General SDR Allocation at International Monetary Fund to ease t...

NSSA suspends pension increases

The National Social Security Authority (NSSA) has announced suspension of its proposed increase on pension benefits and contributions effect January, 2012.

IMF ‘looks to grow funds by $1 trillion’

The International Monetary Fund (IMF) is proposing a $1 trillion (R8 trillion) expansion of its lending resources to insulate the global economy against any worsening of ...

Zimbabwe inflation rises to 4.9%

Inflation in Zimbabwe rose to 4.9% in December, from 4.2% in November, spurred by the increased cost of food, transport and education, the government said Monday.

CZI objects to new power tariff hike

Business lobby group, Confederation of Zimbabwe Industries has objected to a planned electricity tariff increase by Zesa to companies with existing supply contracts.

Zim faces challenges in achieving 9,4% growth

Zim faces challenges in achieving 9,4% growth

Zimbabwe can only achieve the projected 9, 4 % economic growth rate if it creates a stable political and economic environment, the African Development Bank (AfDB) said in...

Zimra imposes duty on clothes

The Zimbabwe Revenue Authority (Zimra) announced the suspension of duty rebate on clothing imports with effect from the 1st of January next year.

AfDB mulls lifeline for African firms

The African Development Bank (AfDB) is looking into ways of providing trade finance to firms doing business with Europe, where an interbank credit squeeze has driven up t...

Zambia GDP to grow by 6.9% in 2012

Zambia's economy should grow at a pacy 6.9 percent next year due to a strong maize harvest, healthy copper exports and a step-up in infrastructure investment from the new...

Indigenisation slows down Zim's capital inflow

Indigenisation slows down Zim's capital inflow

Zimbabwe's capital inflows slackened through the year as investors took a cautious stance due to increased pressure on foreign companies to comply with the country's indi...

Last Updated ( Monday, 21 November 2011 08:52 )

Imara fund grows by $22m

Investment group, Imara says its Zimbabwe Fund has grown by $22 million as at October 31, 2011 compared to $8 million at inception in 2007.

 

Last Updated ( Wednesday, 09 November 2011 11:04 )

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Feb 06 2012 20:38 | LAST UPDATED Jan 29 2012 11:17
 

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