Demonetise Bond Notes – Analyst
Government has been advised to either demonetise bond notes or allow the fiat currency to float as a means of addressing financial market distortions in the country, a study paper by the Zimbabwe...
View ArticleZCDC, ZMDC Get New Board Members
Government appointed new board members for the Zimbabwe Consolidated Diamond Company (ZCDC) and the Zimbabwe Mining Development Company (ZMDC) yesterday. Mines and Mining Development Minister Winston...
View ArticleMnangagwa to Host a Team of International Investors Next Week, Team Says...
A team of international investors interested in Africa are expected to visit Zimbabwe for a two-day investment seeking mission at the beginning of June. The team under the umbrella body Invest Africa,...
View ArticleDavipel to Commission U.S.$8 Million Plant
Diversified local manufacturer Davipel Holdings is set to commission an US$8 million milling plant which will see it significantly cutting down on its import costs as it aims to scale up investment in...
View ArticleReform the Reserve Bank First
Contemporary economics places Central Banks at the heart of key economic variables. Central banks have far-reaching impacts and responsibilities in driving economic development and political stability...
View ArticleNRZ Emerges From the Doldrums
The National Railways of Zimbabwe (NRZ) — a critical state enterprise which is part of the economy’s locomotive — is slowly but surely emerging from the doldrums it has been firmly stuck in for years...
View ArticleZim Can Rise From Ashes – Hain
British peer Lord Peter Hain (PH) a prominent critic of former president Robert Mugabe’s regime – was in Zimbabwe this week for business meetings with President Emmerson Mnangagwa and other senior...
View ArticleZimbabwe Trade Deficit Widens
Zimbabwe’s trade deficit for the first four months of 2018 stood at US$998,8 million which is far higher than the same period last year when it was US$603,1 million, according to statistics released...
View ArticleDemand for residential properties grows
Enacy Mapakame Property Reporter Listed property firm Mashonaland Holdings Limited says it has made progress on the development of two residential projects in Ruwa and Harare during the six months to...
View ArticleRBZ ups water infrastructure development support
Livingstone Marufu Property Reporter Reserve Bank of Zimbabwe (RBZ) Governor Dr John Mangudya, yesterday said the apex bank will continue to support water infrastructure development in the country to...
View ArticleGovt pushes for increased spectrum in ICT
Taurai Mangudhla in Victoria Falls Zimbabwe is pushing for additional spectrum to support growth for its broadcast and information communication technology (ICT) industry, permanent secretary in the...
View ArticleTime Bank fights land grab
Golden Sibanda Senior Business Reporter TIME Bank shareholders have filed an urgent chamber application at the High Court seeking suspension of earlier court judgments in a case which went in favour of...
View ArticleKPMG to shed jobs after SA corruption scandal
KPMG is to cut 400 jobs in South Africa following a corruption scandal which saw the accountancy firm lose several of its major clients. One of the customers to cut ties was South Africa’s...
View ArticleBad corporate governance affecting investment
BY MTHANDAZO NYONI Institute of Chartered Secretaries and Administrators in Zimbabwe chief executive officer, Farai Musamba, told NewsDay on the sidelines of the institution’s 2018 winter school held...
View ArticleGolix looks outside Zim to stay alive
BY MTHANDAZO NYONI In a statement, Golix head of growth Panashe Tapera said moving outside the country was part of their strategy of expanding their operations into the whole continent. “As part of our...
View ArticleZim entrepreneur launches agric online investment platform
BY TATIRA ZWINOIRA Matope introduced Farmvest recently under his tech company, Mitah Group, to help small-scale farmers get investments from Zimbabweans based in the diaspora. “We have received $25 000...
View ArticleZimra to curb double taxation
BY FREEMAN MAKOPA “We are having an advanced training on negotiating double taxation agreement or tax treaties as they are known. This training that ensures African countries receiving foreign direct...
View ArticleParliament wants Intratrek’s Gwanda solar project contract cancelled
A parliamentary committee has recommended that the $202 million Gwanda Solar Project tender, which was awarded to controversial firm Intratrek Zimbabwe in 2015, be immediately withdrawn and that former...
View ArticleMSMEs need to speak with one voice
Dr Sanderson Abel The Micro, Small and Medium Enterprise (MSME) sector has been identified as a key pillar of economic recovery for Zimbabwe and it is not surprising that a lot of healthy and...
View ArticleSlice Distributors goes regional
Livingstone Marufu Business Reporter Slice Distributors is planning to go regional before year end as competition on fast foods business intensifies. This comes after various fast foods outlets have...
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