Four deaths have had an impact on the life of Chipangamazano. The biggest being his father’s, made devastatingly worse because just a week before, he had personally called to ask that Chips comes for baptism in Marondera. As a...
Christopher Mahove
Some tax incentives introduced by authorities in the country in a bid to lure foreign direct investment are bleeding the country of the much needed revenue as they are being abused by some foreign investors.
Transparency International Zimbabwe...
Tapiwanashe Mangwiro
HARARE – Government’s expenditure for 11 months ending November 2019 exceeded actual budget of Z$15.1 billion by 21% against Treasury’s Transitional Stabilization Programme objectives.
Expenditure shot to Z$18.3 billion although the government’s economic blueprint sought to reduce spending to...
Tapiwanashe Mangwiro
HARARE - Zimbabwe Asset Management Company (Zamco) has so far resolved $452 million of the bad debts it mopped up and said they are still in line to meet the annual $140 million target.
In February 2020, the debt...
HARARE - Government has warned that it will blacklist suppliers who are channeling payments they receive to the illegal foreign exchange market and is in the process of setting up a process to scrutinise all awarded tenders to ensure...
Milk production Figures Jan-July 2023
The value of Intra-COMESA total exports declined by 11% from US$ 10.9 billion in 2019 to US$ 9.7 billion in 2020. The low performance was attributed to the impacts of COVID-19 pandemic and pre-existing factors such as supply-side challenges...
By Professor Tony Hawkins for the CAA Business School
One statistic tells it all. Forty years ago, the Zimbabwe dollar was worth 150 US cents, but today it is just over 1.5 cents. Successive administrations have tried – and failed...
BULAWAYO – The Minister of Finance and Economic Development, Professor Mthuli Ncube, says close to $300 million has been disbursed to entrepreneurs under the National Venture Capital Fund (NVCF).
The disbursements mark the operationalisation of the fund, which is responsible...
Samuel Mapuranga
Various economists believed that independent Zimbabwe was an economic success on route to attaining status of the most “developed country” in Africa. Before 2000, Zimbabwe had a market economy with a fairly solid industrial structure. The macroeconomic situation...
