Companies

July 16, 2019
By Alois Vinga AT least 600 workers at Surface Wilmar and Olivine Industries are beginning to feel the heat in the current electricity cuts as the two companies have resorted to sending them back home due to depressed productivity. Surface Wilmar country head, Narottan Somani told Deputy Industry Minister...
Telecoms firms feel the pinch as inflation hits revenues
July 13, 2019
By Agencies Zimbabwe telecoms sector has for the first time ever in the...
Trapped funds negatively affecting Econet’s Kwese TV
July 12, 2019
By Alois Vinga TELECOMMUNICATIONS conglomerate Econet Wireless is struggling to repatriate its funds...
Legacy challenges African Sun contract cancellation
July 8, 2019
By Alois Vinga THE Legacy Hospitality Management Services (LHMS) has challenged the termination...
Border Timbers moves out of the woods
July 5, 2019
By Alois Vinga AGRICULTURAL firm, Border Timbers is swiftly moving out of the...
Zim dollar return, low salaries push Fidelity to the brink
June 26, 2019
By Alois Vinga GOVERNMENT’s move to scrap the ten year-old multi-currency system and...

Markets

July 13, 2019
TechnoMag Zimbabwe mobile tariffs compared to the SADC region and other African countries have become insanely too low and no longer make business sense, a survey has revealed. In a survey done by TechnoMag, Zimbabwe is currently charging tops of 22cents rtgs per minute which when converted against the...
Individuals, NGOS trade US$9 million on the interbank market in five days
July 10, 2019
By Alois Vinga THE Reserve Bank of Zimbabwe (RBZ) says almost US$9 million...
Arab and Africa Mining Conference delegates urged to consider Zim opportunities
July 3, 2019
By Alois Vinga THE Arab and Africa Mining Conference (AAMC) has ended on...
High costs force indigenous miners to lease chrome mines to Chinese
June 21, 2019
By Alois Vinga THE Zimbabwe Miners Federation (ZMF) says the indigenous miners are...
Private sector says not ready for African Continental Free Area
June 20, 2019
By Alois Vinga THE private sector in Zimbabwe has admitted that local manufacturers...
Fresh bread scarcity fears as wheat stocks dwindle
June 16, 2019
By Staff Reporter THE Grain Millers Association of Zimbabwe (GMAZ) reports that wheat...

Economy

July 18, 2019
By Alois Vinga THE Electronic Cargo Tracking System (ECTS) violations registered a 96% increase signifying accelerated efforts by truck drivers to avoid the Zimbabwe Revenue Authority’s (ZIMRA) cargo compliance systems, it has emerged. ECTS is a technology solution that enables real-time tracking of cargo from point of loading to...
Zim inflation rate maintains upward trend, hits 176%
July 15, 2019
By Alois Vinga ZIMBABWE’s annual inflation rate has maintained an upward trend increasing...
Chasi on warpath, threatens to name bigwigs owing Zesa millions
July 15, 2019
By Alois Vinga ENERGY Minister, Fortune Chasi has threatened to name and shame...
ZIBAWU drags sector employers to court demanding US$ salaries
July 11, 2019
By Alois Vinga WORKERS in the banking sector have approached the High Court...
Government moves to counter Paynet’s ‘extortion’
July 10, 2019
By Alois Vinga GOVERNMENT and its key stakeholders are working to come up...
Money supply up by ZWL$3 million as imports, exports decrease 15% plus
July 4, 2019
By Alois Vinga THE Reserve Bank of Zimbabwe (RBZ) says the country has...