Simba Rushwaya/Xolisani Ncube
Government workers and their representatives have rejected the government’s US$13 equivalent of the 50 percent salary increment awarded last month.
Government on Tuesday awarded civil servants a 50 percent salary hike which translated loosely to US$13 as Zimbabwe’s...
Farai Mabeza
Government’s new five-year National Development Strategy lacks a clear funding plan, posing a threat to its potential success and business will be watching keenly how it is implemented, lobby group the Zimbabwe...
HARARE – The Reserve Bank of Zimbabwe held its weekly foreign currency auction today, which saw the local currency break its depreciation trend against the US dollar albeit marginally, as it gained 0.01% to 82.0833 from 82.0914 at today’s...
Itai Ndongwe
Small to Medium Enterprises {SME’s} have a potential to grow the country’s economy and help the country achieve the upper middle class economy by 2030.
This was said by the Director of the International SME’s Expo Director, Delight Makotose...
Global tourism experienced a 4% upturn in 2021, compared to 2020 (415 million versus 400 million). However, international tourist arrivals (overnight visitors) were still 72% below the pre-pandemic year of 2019, according to preliminary estimates by UNWTO. This follows...
Sydney Kawadza
The African Development Bank president Dr Akinwumi A. Adesina, recently re-elected to lead the bank for another five years on an overwhelming 100 percent, has pledged to assist governments across the continent grow paying attention to health, climate...
Takudzwa Musakasa
HARARE – The Government of Zimbabwe has set aside $9 billion for the population and housing census to be conducted from 21 April to 30 April 2022.
In 2019, the government said it had set aside US$85 million to...
Christopher Mahove
Zimbabwe could lose out on the vast opportunities that exist in the African Continental Free Trade Area because the country is not manufacturing enough for exports and has some of the most difficult condition for starting a...
HARARE – An average Zimbabwean family required at least $5,293 in February this year to meet its basic needs for it not to be deemed poor, a 17% jump from $4,492 the previous month, latest data shows.
The jump reflects...
Tapiwanashe Mangwiro
HARARE- 2020 economic forecasts were mostly upbeat. Everyone raised the prospect of synchronised growth acceleration after the US-China truce, which temporarily halted the trade war between the two belligerent nations.
The International Energy Agency predicted relative market stability, expecting...
