Companies

May 29, 2020
By Alois Vinga HOTELIER, African Sun has reopened four of its hotels in the country’s major towns, taking advantage of the easing of the lockdown measures. The hotels have been closed for nearly two months as part of the country’s measures to prevent the spread of coronavirus. Presenting a...
Zimplow exports suffer 64 % drop due to Covid-19 induced market closures
May 27, 2020
By Alois Vinga LISTED agro-industrial firm, Zimplow Holdings has recorded a 64% drop...
Mangudya vows more siege on mobile money transfer service providers
May 26, 2020
By Alois Vinga RESERVE Bank of Zimbabwe (RBZ) governor, John Mangudya has reiterated...
NRZ Offers Free Rail Cargo To Transport Covid-19 Goods
May 24, 2020
By Bulawayo Correspondent STRUGGLING National Railways of Zimbabwe (NRZ) has availed free transport...
ZTA Drafts Post Covid-19 Tourism Recovery Plan
May 24, 2020
By Matabeleland North Correspondent THE Zimbabwe Tourism Authority (ZTA) is drafting a‘destination Zimbabwe tourism...
Executives Face Penalty Charges Over Abuse Of EcoCash Platform
May 24, 2020
By Alois Vinga TWO executives of mobile money transfer platform, EcoCash, face penalty...

Markets

May 27, 2020
ANA Zimbabwe has raked in US$64.4 million from the sale of 28.2 million kilograms of tobacco in 16 days compared with last year, Zimbabwe media reported, citing statistics released by the Tobacco Industry and Marketing Board (TIMB). According to a report in the state-run daily newspaper The Herald, an...
Static Interbank Rate Chokes Tobacco Market
May 21, 2020
By Alois Vinga THE unchanging interbank rate which has been overtaken by the...
Tough times beckon for Zim agric shows set to be held same months this year
May 18, 2020
By Matabeleland North Correspondent THE National Association of Agricultural Show Societies of Zimbabwe...
Zim dollar fall prompts push for reintroduction of US dollar policies
May 17, 2020
By Alois Vinga THE country’s insurance sector has reportedly engaged the industry regulator...
China $4.2B Project Kicks Off Near Lake Kariba Shores
May 8, 2020
Bloomberg For more than two decades, Zimbabwe has been trying to break ground...
ZERA Slashes Fuel Prices
May 6, 2020
By Alois Vinga THE Zimbabwe Energy Regulatory Authority (ZERA) has slashed prices of...

Economy

May 28, 2020
By Mary Taruvinga THE Reserve Bank of Zimbabwe (RBZ)’s Financial Intelligence Unit (FIU) has directed Zimswitch to slash ZIMSWITCH Instant Payment Interchange Technology (ZIPIT) daily and monthly limits to $20 000 and $100 000 respectively. The directive follows a realisation there was now rampant abuse of the platform for...
Parly summons Ncube to explain economic mess
May 28, 2020
By Anna Chibamu A ZANU PF MP for Rushinga, Tendai Nyabani has asked...
Zimbabwe: IMF hammers country already on its knees
May 27, 2020
New African Magazine Mercifully, Zimbabwe’s infection and death rates from Covid-19 are so...
Masiyiwa completes 100kW solar mini-grid in Bulilima
May 26, 2020
ESI-Africa Pan-African philanthropist Strive Masiyiwa has completed a 100kW solar power project at...
Fuel Shortages Recur As Business Returns To Normal
May 25, 2020
By Makanaka Masenyama THE easing of lockdown restrictions by government over a week...
Zimbabweans Don’t Understand Economics: Mangudya
May 21, 2020
TimesLIVE RESERVE Bank of Zimbabwe governor John Mangudya prays for Zimbabweans to “understand...