ZSE’s obscure relationship with Government

Government’s relationship with the stock exchange has been shaky from the 1980-independence start. It was, after all, unknown to this group of comrades. In...

Zamco resolves $452 mln debts in May including ZC’s $32 mln

Tapiwanashe Mangwiro  HARARE - Zimbabwe Asset Management Company (Zamco) has so far resolved $452 million of the bad debts it mopped up and said they...

ZERA defends petrol blending

Cynthia Chitombi Zimbabwe has reduced its fuel import bill by about 20 percent through the blending of unleaded petrol with ethanol, a senior government official...

The Diamond Heist from Harare to Minsk

Zimbabwe’s diamond industry has been thriving in the past three years. Although the country’s diamond, gold and mineral revenues are wide, Zimbabwe expanded its diamond...

African Banks are small but profitable

The Banker  LONDON – 1 July 2020: African banks are small in world terms but they punch above their weight in profits, according to The Banker’s...

Zimplow revenue down 19%, profitability drops 42% due to COVID-19

Farai Mabeza Manufacturing and distribution group, Zimplow Limited, recorded a 19% fall in revenue and a 42% drop in profitability in the first five months...

High Court makes landmark ruling on divorce claim

Xolisani Ncube The High Court has ruled that men who do not take care of their children while on separation pending divorce could walk out...

Money and Economy in Zimbabwean History: A Concise Currency Timeline

The US-UN multilateralism and global monetary order: Implications for Southern Rhodesia’s monetary developments, 1950 – 1960 Tinashe Nyamunda June 26, 2020 marked the 75th anniversary of...

Tech Hub launches 26 week long Startup Incubation Programme

HARARE - In a study carried out by Tech Hub Harare between January 2019 to May 2020, over 250 Zimbabwe based startups indicated that attracting funding...

King 98, US based firm in three year music deal

Tawanda Marwizi US-based music label Cinq Music has signed a three year deal with Zimbabwean hip-hop musician King 98, born Ngonidzashe Dondo. The company, through its representative Diana...

Chihuri says President Mnangagwa targeting him over a woman

Case provides glimpses on how wealth is distributed among high ranking officials HARARE - Former Zimbabwe Republic Police Commissioner Augustine Chihuri has claimed that President...

Chinese company compensates shot employee

Xolisani Ncube A Chinese company whose senior manager shot at an employee over a pay dispute has so far paid out US$20 000 for medical...

Govt halts trading on ZSE, mobile money transactions

HARARE – Government has suspended mobile-based monetary transactions and trading on the Zimbabwe Stock Exchange to enable it to investigate malpractices, criminality, and economic...

Another AfDB grant to bolster Zim COVID-19 fight

Sydney Kawadza Zimbabwe and six other Southern African countries on Tuesday this week received a boost when the Board of Directors of the African Development...

ZAHDR raises concern over gastrointestinal disease in Bulawayo

Cynthia Chitombi The Zimbabwe Association of Doctors for Human Rights (ZAHDR) has raised concern over the outbreak of diarrhea and other water borne related diseases...

Keep hands off auction system, authorities told

Farai Mabeza Fiscal and monetary authorities must not interfere with the newly introduced foreign currency auction system to make it credible and to eliminate inefficiencies...

Zimbabwe could miss out on AfCFTA benefits

Sydney Kawadza Zimbabwe could yet again suffer from self-inflicted challenges that would see the Southern African country fail to capitalize on the African Continental Free...

Labour views on the new forex regime

Titus Mukove HARARE - Tuesday marked the first gear of the Foreign Currency Auction System by the government which is aimed at bringing stability on...

Zim Red Cross, Coca-Cola donate PPEs to the elderly

Tawanda Marwizi The Zimbabwe Red Cross Society has donated personal protective equipment to  at least 1148 elderly staying in Old People’s Homes’ as a way of...

Mwonzora recalls nine MDC MPs

Xolisani Ncube MDC-T secretary-general, Douglas Mwonzora has recalled nine MDC Alliance legislators from Parliament. Speaker of National Assembly, Advocate Jacob Mudenda on Tuesday announced the recalling...