Companies

January 19, 2019 0 25
By Staff Reporter FORMER state Vice President Phelekezela Mphoko and family have finally quit Choppies Supermarkets Zimbabwe, bringing to an end a protracted battle for control of the Botswana owned retail giant between the parties. This was revealed in a press statement this week by lawyers representing the embattled...
Facebook to tighten political ad rules for 2019 elections
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AFP Facebook said Tuesday it will tighten rules for political ads in countries...
Ford, VW call off joint Detroit appearance to announce alliance
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By AFP Automakers Ford and Volkswagen on Monday called off a joint appearance...
Huawei fires sales manager who Poland charged with spying
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By Associated Press LONDON: The Chinese tech company Huawei on Saturday announced it...
Coal mine collapses in northern China, killing at least 21
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By Associated Press BEIJING: Twenty-one coal miners were killed when a mine collapsed...
Cooking oil shortage looms as top manufacturer Olivine shuts down
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By Robert Tapfumaneyi ZIMBABWEANS must brace for a massive cooking oil shortage after...

Markets

January 15, 2019 0 56
By Associated Press DETROIT: The U.S.-China trade war has delayed but not derailed Chinese automaker GAC Motor’s plans to enter the American market, company officials said Monday. Company President Yu Jun, speaking at Detroit’s North American International Auto Show, said the dispute is a factor in moving its U.S....
Cement and beverage sales down by 50 percent
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By Alois Vinga PLAYERS in the retail sector have reported that cement and...
Tanzania’s Magufuli orders central bank to create gold reserve
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By AFP Tanzanian President John Magufuli on Wednesday ordered the central bank to...
South Korea orders seizure of Japan assets over forced labor
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By Associated Press SEOUL: A South Korean court said Wednesday it has ordered...
US negotiators in Beijing for trade war talks
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By AFP US negotiators on Monday headed into talks with Chinese counterparts as...
Brexit, tariffs, populism could buffet Europe in 2019
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By Associated Press FRANKFURT: 2019 is set to be a year of major...

Economy

January 19, 2019 0 21
By Alois Vinga ECONOMIC experts say government’s rebate incentive offered to firms to entice them not to hike their prices will not bring any price stability in a volatile economy dominated by mistrust between government and busness. Announcing a fuel hike a week ago, President Emmerson Mnangagwa said the...
Consumer Council boss blasts govt economic advisors for leading country astray
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By Business Reporter CONSUMER Council of Zimbabwe (CCZ) deputy director, Rose Mpofu has...
Zimbabwe inflation data hugely understated – economists
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By Business Report HARARE: A steep rise in Zimbabwe’s inflation has worsened the...
STEVE Hanke: Zimbabwe’s Monetary Death Spiral
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By Prof Steve H. Hanke PRESIDENT Mnangagwa’s pledge that Zimbabwe is “open for business”...
Inflation Shock at 42.1%; Adds to Harare’s Woes
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By Agencies Zimbabwean consumer prices rose at a new post-hyperinflation record pace in...
What next for Zimbabwe’s govt after fuel price hike backfires?
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Africa News Zimbabweans have reacted with anger and frustration to last week’s announcement...