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HARARE - Business tycoon and former rugby player John Bredenkamp has died. He was 79. Bredenkamp, born in 1940, passed away this morning after having undergone kidney surgery a few days ago. He was born in Kimberly, South Africa and moved to...
Farai Mabeza Government has announced a 50 percent salary review for all civil servants and an interim US$75 allowance to cushion its employees against the economic effects of the COVID-19 pandemic with economists saying authorities were moving towards re-dollarisation of...
Shamiso Ngwena & Cynthia Chitombi Zimbabwean farmers, struggling with traditional crops such as maize, have shifted focus to the sesame plant targeting at least 100 000 tonnes of the crop during the 2020/2021 agricultural season. Agricultural production in Zimbabwe has been...
Farai Mabeza Tobacco deliveries are slower than expected because farmers are not happy with the fixed exchange rate of 1:25 under which they are required to surrender 50 percent of their foreign currency earnings, it has emerged. Tobacco Industry and Marketing...
The imperial makings of a local/national currency in colonial Zimbabwe: Money as a product of imperial and colonial politics and law; 1930-1940 Tinashe Nyamunda The Brookings Institute’s Economics Professor Steve Hanke has argued that the Reserve Bank of Zimbabwe (RBZ) has...
HARARE –Annual inflation rose in May, albeit at a much slower pace due to due to reduced economic activity and aggregate demand during the coronavirus-induced lockdown. According to Zimstat, annual inflation for May rose by 19.98 percentage points to...
HARARE (FinX) – President Mnangagwa has further relaxed the coronavirus-induced national lockdown as he sought to re-activate what he termed ‘freedoms promised’ at the outset of the ‘new dispensation.’ In an address, which contained reminders of perhaps the difficult task,...
Joseph Mverecha Introduction Our times are uniquely difficult and have been for a while, with limited respite. The economy is dollarizing rapidly while the local currency is careering listlessly towards the edge of the universe – as happened in 2008. Ahead...
LUSAKA, ZAMBIA – While a lot of hard lessons have been learned from the COVID-19 outbreak, few have been as resounding as the need to hedge against unforeseen calamities. The outbreak brought several sectors and, in some cases, entire economies to...
Staff Writer The Zimbabwe Electricity Transmission and Distribution Company has reduced domestic tariff structure by up to 36 percent with the introduction an additional band. Previously, there was a three-price band for ZEDTC supplied electricity to domestic metered customers. ivermectin in...

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