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...
Simba Rushwaya
The African Development Bank has predicted a dramatic and strong economic recovery for Zimbabwe in 2021 in the aftermath of the ravaging effects of the Coronavirus (Covid-19) pandemic in the bank’s supplement to the 2020 African Economic Outlook.
The...
Money and the winds of change in the 1960s. Federal collapse, the Rhodesian rebellion, sanctions UN sanctions and the turn towards a post-sterling currency.
Tinashe Nyamunda
The 1960s have been viewed by historians as the decade of African independence. While many...
Simba Rushwaya/Xolisani Ncube
Government workers and their representatives have rejected the government’s US$13 equivalent of the 50 percent salary increment awarded last month.
Government on Tuesday awarded civil servants a 50 percent salary hike which translated loosely to US$13 as Zimbabwe’s...
Farai Mabeza
The Auditor General is set to be removed from the Special Procurement Oversight Committee due to a glaring conflict of interest, it has been revealed.
The committee was established under the Public Procurement and Disposal of Public Assets Act...
Jonathan Waters
July 3, is the 100th anniversary of National Foods if we are to trace the company to its “corporate roots”, when the British South Africa Company (BSA Co) bought into the Mark Harris Manufacturing Co, which became the...
Xolisani Ncube
Workers at the state owned Zimbabwe Consolidated Diamond Company (ZCDC) have gone for three months without salaries—a development the company says is due to the current Covid-19 induced lockdown.
According to ZCDC Acting Chief Executive Officer Rob de Pretto,...
