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,...
Government’s relationship with the stock exchange has been shaky from the 1980-independence start. It was, after all, unknown to this group of comrades. In the early days was left untouched even when there was heightened talk of nationalizing foreign...
Tapiwanashe Mangwiro
HARARE - Zimbabwe Asset Management Company (Zamco) has so far resolved $452 million of the bad debts it mopped up and said they are still in line to meet the annual $140 million target.
In February 2020, the debt...
Cynthia Chitombi
Zimbabwe has reduced its fuel import bill by about 20 percent through the blending of unleaded petrol with ethanol, a senior government official has said.
Zimbabwe Energy Regulatory Authority consumer services manager Nobert Matarutse revealed this during a discussion...
Zimbabwe’s diamond industry has been thriving in the past three years.
Although the country’s diamond, gold and mineral revenues are wide, Zimbabwe expanded its diamond production from 2.8 million carats in 2018 to 4.1 million carats in 2019. The growth...
