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...
The Banker
LONDON – 1 July 2020: African banks are small in world terms but they punch above their weight in profits, according to The Banker’s latest ranking of the Top 1000 World Banks.
Africa’s banks have less than 1% of total...
The US-UN multilateralism and global monetary order: Implications for Southern Rhodesia’s monetary developments, 1950 – 1960
Tinashe Nyamunda
June 26, 2020 marked the 75th anniversary of the formation of the United Nations (UN) organization. Formed in 1945 with a specific mandate...
