The centenary of the arrival of Harare’s first flight

Jonathan Waters Tomorrow, June 11, marks the centenary of the arrival of the first aircraft in Harare carrying two passengers from Kadoma, and it...

Money and Economy in Zimbabwean History: A Concise Currency Timeline

The end of Chartered Rule, entrenchment of white self-government and African economic disempowerment: Currencies, and the consolidation of Racialised Economic Spaces, 1920-1930 Tinashe Nyamunda In the...

Slowdown in economic activity during C-19 lockdown sees Zim narrow its...

HARARE – A slowdown in economic activity in April due to the coronavirus-induced national lockdown, saw the country’s trade deficit narrow by a significant...

Zimbabwe maize yields at 0.57t/ha in 2019/20, faces cereal deficit of...

HARARE - The country's maize production is estimated to have risen 17% in the 2019/20 season, but the biggest concern remains the poor yields,...

Banks to finance productive sector Covid-19 support

Farai Mabeza Productive sector support under the $18.02 billion COVID-19 Economic Recovery and Stimulus Package will be financed by banks through normal banking channels and...

Nampak pessimistic as Covid-19 pushes economic reform into the background

Farai Mabeza Paper packaging firm, Nampak Zimbabwe, sees no improvement in the country’s economic environment for the remainder of 2020 citing the COVID-19 outbreak and...

African equity capital markets activity see downward turn in 2019: PwC

HARARE – African Equity Capital Markets (ECM) saw the lowest proceeds recorded in ten years in 2019 as activity and volumes declined sharply from...

Fuel prices up as ZERA admits arbitrage is a big worry

HARARE – The Zimbabwe Energy Regulatory Authority has hiked the price of fuel, although it remains below US$1, after admitting that pricing could not...

More than 2000 applications received for Youth Relief Fund

Tawanda Marwizi More than 2000 youth have applied for the Youth Relief Fund in Mashonaland West, provincial minister Mary Mliswa has said. Speaking at a youth...

RBZ tightens internal bank transfers to stop illicit fx trades

HARARE - The Reserve Bank of Zimbabwe, through the Financial Intelligence Unit, has instructed banks to to limit internal transfers to two per day...

Kasukuwere appeals to Sheriff to enforce farm High Court order

Farai Mabeza Former cabinet minister and Zanu-PF political commissar Saviour Kasusukuwere has approached the Sherriff to execute a High Court order recently granted in his...

Tourism union says workers facing uncertainty as industry will only fully...

 Shamiso Ngwena Thousands of workers in the tourism and hospitality industry could lose their jobs due to the effects of the COVID-19 global pandemic, which...

Finsec signs MOU with Harare Institute of Technology

HARARE - The Financial Securities Exchange signed a memorandum of understanding with the Harare Institute of Technology for the development of mutually beneficial projects...

GMB to pay maize producers $16k after 30% incentive

Tawanda Marwizi Farmers who deliver their maize and other traditional grains will now enjoy the 30 percent incentive after the Grain Marketing Board directed all...

Money and Economy in Zimbabwean History: A Concise Currency Timeline

War, Global Crisis and Colonial Consolidation, Currency Developments, 1910s -1920s. Tinashe Nyamunda The previous articles in this column examined the origins of the colonial monetary system...

Kariba records second lowest levels in 1Q20

Farai Mabeza Lake Kariba recorded its second lowest levels on record in the first quarter of the year due to the delayed onset of...

Chamisa lawyer summoned

Tawanda Marwizi The Zimbabwe Republic Police Anti-Corruption Unit has summoned prominent lawyer Thabani Mpofu for questioning. According to the lawyer, Beatrice Mtetwa, the details of the...

Econet voice, data and SMS volumes decline in Q1 2021

HARARE – In its Q1 2021 trading update Econet Wireless Zimbabwe reported that the economic environment is still not ideal for business as fundamentals...

An end to commodity reliance crucial for Africa

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...

RBZ caps ZIPIT transactions to stop illicit forex trades

Farai Mabeza The Reserve Bank of Zimbabwe’s Financial Intelligence Unit has directed all banks to temporarily review all ZIPIT transaction limits downwards to $20 000...