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During February, the trade deficit of Zimbabwe against South Africa has been increased to $44,4 million from $14,2 million in the same period last year, even though there was Statutory Instrument 64 of 2017 which astricted the importation of products that had local substitutes.

Tobacco growers are getting half of the $300 payment per sale in the form of US dollars this season,thereby attracting illegal forex dealers to the floors.

In addition to other factors, the prevailing climate and weather conditions in Southern Africa present a very strong case for Zimbabwe to broaden its agriculture away from monoculture.

Newly-appointed Cabinet ministers will take their oath of office before President Emmerson Mnangagwa at State House in Harare today. President Mnangagwa last week announced a 22-member Cabinet to run Government business until harmonised elections next year.

GOVERNMENT dispatched a high powered delegation to China to meet ferrochrome and ferro-nickel buyers as it presses ahead with efforts of extracting real value from its minerals.

HARARE, July 29 (Xinhua) -- Zimbabwe is benefitting from lucrative business deals with China, with the Asian giant becoming the biggest injector of foreign direct investment (FDI) in this southern African country.

Vehicle imports through Beitbridge Border Post increased marginally from 24 512 in 2015 to 24 573 last year despite stringent conditions set by Government, the Zimbabwe Revenue Authority said on Friday.

PRESIDENT Xi Jinping said on Monday that China was willing to encourage capable companies to invest in Zimbabwe and expand mutually beneficial cooperation. Xi made the remarks when meeting with his Zimbabwean counterpart, Robert Mugabe at the Diaoyutai State Guesthouse.

The long standing partnership between the Zimbabwe Defence Forces and its Chinese partners has significantly contributed to mechanisation and full utilisation of land as more than 2 000 hectares have been put under various crops in Mashonaland West province.