Category: Business

Govt finalising Medium Term Plan

 

tapiwa mashakada.jpgGovernment is finalising the crafting of the Medium Term Plan (MTP), a 5 year blue-print which will be launched to guide all government policies and fiscal authorities on economic developments.

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Mining industry rakes in US$598 million

mining float.jpgThe mining industry is poised for further growth after raking in US$598 million from exports in the first six months of the year compared to US$207 million for the same period last year.

 

Official figures compiled by monetary authorities show that the increase in mineral exports was due to a rise in gold shipments following the opening up of gold buying to other players by the government as well as favorable international metal prices.

 

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Envoy urges more Zim-Namibia trade ties

cde chipo zindoga.jpgBusinesspeople from Zimbabwe and Namibia have been urged to find ways of expanding trade between the two countries.

 

Zimbabwe’s ambassador to Namibia, Cde Chipo Zindoga made the call while addressing delegates at a business forum currently underway in Windhoek.

 

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Financial sector mulls long term loans

mushayavanhu bankers ass 03.08.10.jpgThe financial sector is considering introducing long term loans depending on the availability of funds in the market.

 

In line with policies to solve borrowing challenges affecting industry and consumers, local banks are in consultations as to how they can extend the current loan repayment duration from90 days to 360 days.

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CZI concerned about lifting of ban

 

czi logo.jpgConfederation of  Zimbabwe Industries is concerned about the proposed lifting of a ban on the export of scrap metal arguing that it is against economic growth policies crafted under the Short Term Emergency Recovery Programme, STERP.

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