PRESS RELEASE – As largely expected, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has today designated Kudakwashe Regimond Tagwirei for providing support to the leadership of the Government of Zimbabwe, as well as Sakunda...
HARARE – Old Mutual is agreeable to a listing on a mooted foreign exchange board as part of a solution to deal with concerns raised by Government over the use of an exchange rate derived from the share price,...
The struggle for which liberation? Money and the end of settler political rule in Rhodesia, 1975-1979
Tinashe Nyamunda
In the previous article, I examined the ways in which the Rhodesian economy...
Farai Mabeza
The Supreme Court has dismissed an appeal by Breastplate Services trading as Nemchem International against a High Court judgment ordering the company to pay London-listed Cambria Africa PLC outstanding share obligations in...
TODAY, Finance and Economic Development minister Professor Mthuli Ncube has a balancing act to play when he presents his mid-term budget review.
The Zimbabwean economy that has been on a free fall since the 2018 general elections is now on...
Xolisani Ncube
Government has postponed the re-opening of schools which was set for July 28 due to a rise in covid-19 cases.
The move comes as authorities have also indicated that a tighter lockdown was being introduced to fight the respiratory...
Farai Mabeza
Government has blamed foreign exchange woes for its failure to develop adequate irrigation infrastructure in the face of consecutive droughts experienced in Zimbabwe.
In the Annual Budget and Economic Review for the 2019 fiscal year, government acknowledged that the...
By Professor Tony Hawkins for the CAA Business School
One statistic tells it all. Forty years ago, the Zimbabwe dollar was worth 150 US cents, but today it is just over 1.5 cents. Successive administrations have tried – and failed...
Farai Mabeza
Zimbabwe has received a US$1.8 million drought insurance pay out from African Risk Capacity Insurance Company Limited, a financial affiliate of the African Risk Capacity (ARC).
ARC is a specialized agency of the African Union and an initiative designed...
Staff Writers
Another storm is brewing at the scandal-ridden National Social Security Authority where board chairman Dr Cuthbert Chidoori extended acting general manager Arthur Manase’s contract for a further six months without the knowledge of other board members.
Manase took over the reins...
