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Kudzai Kuwaza

Kudzai Kuwaza

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Econet tariffs shoot up

The new tariffs for voice calls will be $0,4325 per second.
By Kudzai Kuwaza Sep. 1, 2022

Nedbank Zim profit surges

The bank’s cost to income ratio improved to 30% from 66% in the prior year in inflation adjusted terms with the capital adequacy ratio going up  to 33% from 29%  last year.
By Kudzai Kuwaza Sep. 2, 2022

Reprieve for granite operators

The government recently banned the exportation of unprocessed granite unless authorised by the Minister of Mines.
By Kudzai Kuwaza Sep. 2, 2022

'Horticulture Fund a catalyst for investment'

The facility was part of a US$650 billion injection released to global economies to help them recover from the effects of COVID-19 lockdowns.
By Kudzai Kuwaza Sep. 9, 2022

NMB beefs up forex generation strategy

Gore noted that NMB’s money transfer agency (MTA)  business was growing and has set up a dedicated centre for customers’ convenience
By Kudzai Kuwaza Sep. 13, 2022

CZI calls for concrete solutions

The country is in the throes of an economic crisis, made worse by a debilitating liquidity crunch, and galloping inflation.
By Kudzai Kuwaza Sep. 15, 2022

‘RBZ interest rates hike to cause surge in NPLs’

Simultaneously we anticipate a thrust towards growing USD assets and effectively dollarising the interest income stream
By Kudzai Kuwaza Sep. 16, 2022

Inflation to fall to less than 100% next year: Ncube

Addressing journalists yesterday in Harare, Finance minister Mthuli Ncube said the country’s gross domestic product (GDP) would also grow by 5,5%.
By Kudzai Kuwaza Sep. 20, 2022

Zim recovery hinges on viable policies: IMF

Rate hikes have been compounded by rocketing inflation, exchange rate fragilities and a frustrating forex crisis.
By Kudzai Kuwaza Sep. 21, 2022

Vandalism disrupts TelOne network

Mtasa said the copper technology TelOne was using did not have adequate bandwidth capacity demanded by its growing clientele.
By Kudzai Kuwaza Sep. 23, 2022

Wages top agenda as TNF meets

The TNF brings together government, business and labour to discuss key socio-economic matters affecting the economy and propose solutions.
By Kudzai Kuwaza Sep. 23, 2022

Economists slam govt’s ‘fallacious’ inflation targets

Zimbabwe has one of the world’s highest inflation rates, estimated by authorities at 285,02% last month.
By Kudzai Kuwaza Sep. 23, 2022

Emcoz congress set for this week

Emcoz executive director Nester Mukwehwa said the congress would interrogate various issues amid external shocks that include the Russia-Ukraine conflict.
By Kudzai Kuwaza Sep. 27, 2022

‘No easy road to recovery for Zim’

The southern African country is also saddled with an unsustainable debt overhang and runaway inflation of 280% that are frustrating economic recovery.
By Kudzai Kuwaza Sep. 30, 2022

TelOne MD confident after forex-indexed product launch

STATE-owned fixed telephone network provider TelOne is looking to it’s recently launched US dollar bundles to offset low tariffs.
By Kudzai Kuwaza Sep. 30, 2022

Restrictive SIs rile business

The government has repeatedly blamed businesses for causing exchange rate instability through profiteering.
By Kudzai Kuwaza Sep. 30, 2022

Industry retooling gains momentum

“You are the centrepiece of the growth of the public and private sectors,” Sibanda said.  
By Kudzai Kuwaza Oct. 3, 2022

‘Zim situation always dynamic’

The major takeaway was that there is a genuine desire among social partners to continue driving social dialogue.
By Kudzai Kuwaza Oct. 7, 2022

Retrenchment regulations streamlined

“The retrenchment regulations are being further streamlined to ensure that there are set timeframes within which all processes and recourse procedures should be finalised.”
By Kudzai Kuwaza Oct. 7, 2022

‘Present USD budget for 2023’

Ncube will present the budget next month at a time when the country’s economy is facing major headwinds that include currency volatility.
By Kudzai Kuwaza Oct. 13, 2022

Govt projects failure appalling

Zimbabwe has been ranked 140/190 in 2021 and 150/190 in 2022 on ease-of-doing-business international scales.
By Kudzai Kuwaza Oct. 14, 2022

Sanctions, corruption cripple Zim

Sadc set aside October 25 as a special day to campaign against the economic restrictions which have for years inflicted damage on Harare's economy.
By Kudzai Kuwaza Oct. 21, 2022

AMH editor cautions against rate hikes

It is held in partnership with the Zimbabwe Stock Exchange listed financial services powerhouse, First Capital Bank.
By Kudzai Kuwaza Oct. 21, 2022

Long road for TNF to gain relevance

However, there is hope after the agreement on the minimum wage that partners in the TNF will find each other.
By Kudzai Kuwaza Oct. 22, 2022

TelOne launches virtual insurance platform

Through the facility, TelOne will provide insurance companies with a platform to sell insurance products for commission.
By Kudzai Kuwaza Nov. 2, 2022

Insurance industry lobbies govt on IMMT

Old Mutual managing director Gloria Zvaravanhu pointed out that the removal of the tax on payout claims will help strengthen the insurance pool.
By Kudzai Kuwaza Nov. 4, 2022

Tough rules for capital markets key in containing inflation, says Seczim

The measures, players in the capital markets have warned, will impede both investment and activity on the local bourse.
By Kudzai Kuwaza Nov. 6, 2022

Meikles seeks nod for LSE delisting

The proposal will be among key issues to be discussed during the firm’s annual general meeting (AGM) next month.
By Kudzai Kuwaza Nov. 15, 2022

Dairibord milk sales decline 13% in Q3

In its financial statement for the three months to September 30, 2022, Dairibord revealed that raw milk supply obstacles slowed down liquid milk sales volumes.
By Kudzai Kuwaza Nov. 17, 2022

Groundswell of caution over ‘punitive’ IMTT...Captains of industry want 2% tax scrapped

The IMTT’s third quarter performance was a forecast busting, according to Zimra, which said it was 3% ahead of targets.
By Kudzai Kuwaza Nov. 18, 2022