US$13.7m boost for Zim’s health system, anti-COVID-19 fight

Sydney Kawadza The Board of Directors of the African Development Bank has approved a $13.7 million grant to finance the COVID-19 response in Zimbabwe. According to...

Separation of accounts to nostro and RTGS invalid: High Court

Staff Writer HARARE – In a judgment, which could have potentially far-reaching implications over the conversion of USD bank balances to RTGS, the High Court...

Zimbabwe currency: Instability begets instability

Happi Zengeni/Tinashe Nyamunda Zimbabwe has spent at least half its fiscal existence using temporary cash, other people’s cash with additions, facing cash shortages, counterfeiting its...

COVID-19 response must target African agriculture and the rural poor

Olusegun Obasanjo and Hailemariam Desalegn Boshe ROME, Italy,  – Africa has so far escaped the worst health consequences of the COVID-19 pandemic. However, the continent...

Celebrating Kariba’s Diamond Jubilee on May 17

Jonathan Waters SUNDAY May 17 marks the 60th anniversary since Kariba Dam was officially opened by Her Majesty Queen Elizabeth, the Queen Mother. At 10:57am...

Buyanga seeks ED intervention

Xolisani Ncube Flamboyant businessman, Frank Buyanga has petitioned President Emmerson Mnangagwa to stop Police Commissioner-General Godwin Matanga from spreading falsehoods against him. The wealthy businessman said...

Corruption threatens local PPEs procurement

Sydney Kawadza Allegations of serious corruption activities among senior government officials could derail government’s efforts to rope in local industry to manufacture Personal Protective Equipment...

Gombera elected Marketing Director for Toastmasters in Southern Africa

HARARE – Joel Gombera, the Group Marketing Manager for CBZ Holdings was elected as the new Club Growth Director in District 74 (Southern Africa)...

High void rates and low rental yields to persist in 2020:...

HARARE - The property market in Zimbabwe is likely to see an increase in voids and occupancy rates in the different properties sector, according...

The Zimbabwe National Gazelles Programme for SME’s launched

A Small to Medium Enterprises  programme designed  to  support  and accelerate the growth of the sector had been launched. The Zimbabwe National Gazelles Programme...

Tobacco sales top US$14m on day seven

HARARE – At least 6.16 million kilograms of tobacco worth 13.95 million US dollars have been sold so far since the start of tobacco...

AngloGold loses 11,000oz to coronavirus in Q1 2020

HARARE – Third largest gold producer globally and the largest on the African continent AngloGold Ashanti opted to keep its Argentina mines instead of...

Covid-19 lockdown a chance for homeless people to reform: Machakaire

Tawanda Marwizi Youth, Sports and Arts Deputy Minister Tinoda Machakaire says homeless people must use their current stay at Mt Hampden Training Centre to revive...

Ecocash a Ponzi scheme says RBZ, has agents overdraft of ZW$39m

HARARE – Ecocash, a subsidiary of ZSE-listed Cassava Smartech, is engaging in shadow banking and is a Ponzi scheme that is creating fictitious money...

BancABC Zimbabwe returns to top performance with surge in FY2019 profits

HARARE – BancABC Zimbabwe, the local banking subsidiary of Pan African group, Atlas Mara returned to top performance after reporting a strong set of...

MDC Alliance fires Mudzuri, Mwonzora

Xolisani Ncube The Nelson Chamisa-led MDC Alliance has dismissed ex-vice president Elias Mudzuri and former secretary-general Douglas Mwonzora on allegations of working with Zanu-PF to...

Watungwa new BAZ President

HARARE – Standard Chartered chief executive Ralph Watungwa is the new Bankers Association of Zimbabwe president. أنطوان غريزمان He takes over from FBC Bank...

Invaders at Kasukuwere farm despite High Court reprieve

Cynthia Chitombi Former Zanu-PF political commissar and cabinet minister Saviour Kasukuwere has received a major reprieve after the High Court stopped government from repossessing his...

Victoria Falls Stock Exchange: Zimbabwe`s knight in shining armour?

Exactly 30 days from the date a harried Mthuli Ncube wrote to the International Monetary Fund (IMF) pleading for debt relief and financial assistance...

Rhodesia’s Daylight Saving Experiment of 1920

Jonathan Waters BRITAIN had introduced daylight saving during World War I ostensibly to save coal. While this has been found to be a fallacious argument...