Sink or swim for Mthuli’s mid-term review

TODAY, Finance and Economic Development minister Professor Mthuli Ncube has a balancing act to play when he presents his mid-term budget review. The Zimbabwean economy that has been on a free fall since the 2018...
Minister Monica

Cabinet defers schools opening; to tighten lockdown

Xolisani Ncube Government has postponed the re-opening of schools which was set for July 28 due to a rise in covid-19 cases. The move comes as authorities have also indicated that a tighter lockdown was being...
Water Irrigation

Forex woes hamper irrigation development

Farai Mabeza Government has blamed foreign exchange woes for its failure to develop adequate irrigation infrastructure in the face of consecutive droughts experienced in Zimbabwe. In the Annual Budget and Economic Review for the 2019 fiscal...
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Hampered by capacity constraints, Glytime Foods seeks relocation closer to farmers

Farai Mabeza Agro-based processor Glytime Foods’ plans to increase capacity have been hamstrung by small working space and lack of access to adequate working capital as the company plans to relocate from Harare to Mutare...
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Drax challenges contract termination

XOLISANI NCUBE Drax Consulting SAGL, a company that was controversially awarded the deal to supply medicines and surgical sundries before the deal was terminated by the government last month, has taken government head on saying...
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Managing the Exchange Rate in Zimbabwe

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...
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BancABC launches A360 Mobile Banking App  

At a time when Banks worldwide are looking for ways to bring innovation during the current COVID-19 pandemic, BancABC launched their A360 Mobile Banking App. Described as a “bank in your pocket” the latest...

Mash Holdings assessing COVID-19 impact on Charter House Hotel project

HARARE – Property development and management company Mashonaland Holdings Group’s operating profit rose 13 percent during the period starting October 2019 to May this year with the group assessing the impact of the COVID-19...

US$1.8m drought insurance pay-out for Zim

Farai Mabeza Zimbabwe has received a US$1.8 million drought insurance pay out from African Risk Capacity Insurance Company Limited, a financial affiliate of the African Risk Capacity (ARC). ARC is a specialized agency of the African...
NSSA

NSSA extends Manase’s contract

Staff Writers Another storm is brewing at the scandal-ridden National Social Security Authority where board chairman Dr Cuthbert Chidoori extended acting general manager Arthur Manase’s contract for a further six months without the knowledge of other...