‘Drastic forex cap to curtail foreign looters’
The policy unsettled a large portion of small scale entrepreneurs who travel to markets like Dubai, South Africa and China to import goods for resale.
By Freeman Makopa
Oct. 18, 2024
Billions ‘wiped off’ Zim banks
By Shame Makoshori and Freeman Makopa
Oct. 18, 2024
Looting legacy: Zim’s economic decline
“THE internet is the new footprints", suggests that our digital presence reflects our activities and choices, much like physical footprints do in the sand.
By Jacob Mutisi
Oct. 18, 2024
High Court official quits over US$2 million property ‘fraud’
The companies had bought the 6,8 hectare Harare estate, which belonged to June Searson who died in 2007.
By Julia Ndlela
Oct. 18, 2024
Govt paying Smith era debt used for fighting liberators
Zimbabwe has been paying off a US$700 million debt incurred by the Ian Smith
By Ray Mawerera
Oct. 18, 2024
Zim ‘sanctions’ itself out of remittances
The Zimbabwe Banks and Allied Workers Union (Zibawu) says high passports fees could hinder remittances flows into the country by restricting the migration of people to other countries.
By Freeman Makopa
Oct. 18, 2024
‘S. African police recommended prosecution of Zim pipeline investor’
Gregor’s Ghanaian partner, Edwin Obiri, said in an interview with the Independent last week that no crime had been committed in South Africa related to the Ghana case .
By Tinashe Kairiza and Honour Mudavanhu
Oct. 18, 2024
Bankrupt govt hospitals spend 92% health budget on salaries
CWGH looked at several problems confronting hospitals and clinics, including an escalation of staff exodus to better paying regional economies.
By Gamuchirai Nyamuziwa
Oct. 18, 2024
Recovery hopes dim as Mnangagwa, central bank deliver damp squibs
For weeks before Tuesday last week’s Sona, pressures had already built up, as measures that came through in April faltered under currency-induced frailty.
By Tinashe Kairiza and Julia Ndlela
Oct. 11, 2024
Sadc integration marked by headwinds, holdback
While visa openness is not the only factor influencing investment decisions, it is undoubtedly one of the key considerations that can sway investors towards a particular location.
By Silence Mugadzaweta
Oct. 11, 2024
Rampant looting in hospitals deepens Zim’s health crisis
Such activities compromised the effective delivery of services to consumers, TIZ noted.
By Melody Chikono
Oct. 11, 2024
Padenga records 33% revenue growth
Padenga chairperson Thembinkosi Sibanda attributed the growth to rising output at Eureka Mine.
By Tinashe Kairiza
Oct. 11, 2024
Cancer overshoot deepens hunt for traditional herbs
This is a huge contrast from medical fees required in public and private hospitals.
By Julia Ndlela
Oct. 11, 2024
Zim economy hits crisis point
She also noted that the fact that the Zimbabwe Revenue Authority (Zimra) charges VAT in forex adds another layer of complexity.
By Freeman Makopa
Oct. 11, 2024
ZSE in tailspin after ZiG devaluation
The ZSE’s market capitalisation dropped to US$1,89 billion yesterday, from US$2,99 billion on September 27, the day that ZiG was devalued.
By Mthandazo Nyoni
Oct. 11, 2024
Top bureaucrat exonerates Masuka son in bizarre loan
TIMB falls under the purview of Masuka’s ministry. Its mandate is to regulate the multimillion dollar sector.
By Tinashe Kairiza
Oct. 11, 2024
US$850m Zim pipeline tycoon in bribery storm
The Sentry’s investigation further revealed that if Coven Energy and Noic’s plans sail
By Tinashe Kairiza
Oct. 11, 2024
Blackouts wipe off US$500m from mines
Mining industry executives ratcheted pressure on state power utility, Zesa, to take decisive actions in order to protect over 30 000 workers employed in the sector.
By Mthandazo Nyoni
Oct. 11, 2024
Zim records 25% air passenger increase
The positive trend is expected to continue throughout the year, with Caaz forecasting a 20% growth in passenger traffic.
By Julia Ndlela
Oct. 4, 2024
Africa embraces cyber automation
Liquid managing executive cyber security Ignus De Villiers said the African continent had become a fertile hunting ground for increasingly sophisticated cyber criminals.
By Staff Writer
Oct. 4, 2024
Troubled coal giant’s crisis in shock twist
Barak and ZB Bank are also represented in the creditors committee.
By Tinashe Kairiza
Oct. 4, 2024
NetOne CEO makes US$1bn move
The US$1 billion will represent a massive rise in revenue over five years, from a projected US$160 million this year.
By Freeman Makopa
Oct. 4, 2024
Flawed interbank market inflicts fresh blows
Introduced in April, ZiG has surrendered value on the formal markets, sliding from US$1: ZiG13,56 on introduction to about US$1: ZiG13,95 currently.
By Shame Makoshori and Freeman Makopa
Oct. 4, 2024
Legal pushback stuns HCC, saves US$5m deal
Nanotech took umbrage and instructed lawyers at Honey and Blanckenberg to seek further clarity on Harare’s demands.
By Tinashe Kairiza
Oct. 4, 2024
‘ZiG defence plan doomed’
ZiG has struggled to hold ground against a brutal black market, where it has recently traded at premiums of up to 100%.
By Shame Makoshori and Freeman Makopa
Oct. 4, 2024
ZICC appointments: Integrity, independence in question
Chinamora, who resigned from the judiciary under what was described as controversial circumstances in 2023, will chair the commission.
By Tinashe Kairiza
Sep. 27, 2024
Chamisa bounces back to active politics
Chamisa resigned from the CCC in January, citing infiltration by Zanu PF.
By Miriam Mangwaya
Sep. 27, 2024
Mnangagwa petitioned to halt devastating riverbed mining
The report highlights that these mining operations are taking place in plain sight of the police.
By Tinashe Kairiza
Sep. 27, 2024
Forex scandal rocks Zim mining sector
This practice has caused a crisis of confidence among MIPF members, especially those receiving salaries in USD.
By Melody Chikono
Sep. 27, 2024
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