Companies

NRZ General Manager Dies

NRZ General Manager Dies

By Bulawayo Correspondent THE National Railways of Zimbabwe (NRZ) has announced the death of its general manager, Joseph Mashika. In a statement, NRZ Board chairperson, Advocate Martin Dinha said Mashika (44) died at a private clinic in Harare on 17 January 2021. “The National Railways of Zimbabwe Board Chairman Advocate ...

Markets

BYD Zimbabwe Starts Delivering EVs To Customers

BYD Zimbabwe Starts Delivering EVs To Customers

Clean Technica THE transition to electro-mobility is happening a lot faster than a lot of people think. The EV scene in Europe is red hot right now after an awesome 2020. The UK’s plugin electric vehicle market hit new highs in December 2020, at 23.4% market share, up from 6.6% ...

Economy

RBZ Lets Exporters Hold Dollars Beyond 60 Days

RBZ Lets Exporters Hold Dollars Beyond 60 Days

Reuters ZIMBABWE’S central bank on Friday reversed a decision to force exporters, including mining companies, to sell a large portion of their dollar earnings if they were not used after 60 days. Severe foreign currency shortages are the clearest sign of an economic crisis that has sparked intermittent shortages of ...