Banks have been fuelling the currency black market in Zimbabwe by moving bond notes onto the streets in search of the now elusive US dollar, economic experts, monetary and fiscal authorities have conf...
The National Social Security Authority (NSSA) has never failed to pay pensioners their monthly payouts and cannot be blamed for failure by retirees to access cash at banks, a senior government officia...
Government on Thursday gazetted a regulations to provide for the arrest and prosecution of illegal currency dealers who sell cash at a premium. Previeosuly, the Banking Act only allowed the Reserve Ba...
THE Deputy Minister of Public Service, Labour and Social Welfare Tapuwa Matangaidze has called on the Government to provide point of sale machines in rural areas to cater for pensioners who are forced...
For years, the question has been asked: Can a business create value for its shareholders by generating profits, and for its customers by offering products and services that meet their needs, while at ...
Beverages manufacturer Delta Corporation has told its former workers who are demanding proceeds from a contentious pension fund that was set up following the de-mutualisation process in 2001 to seek r...
Zimbabwe is looking at extending and staggering the implementation of the Zimbabwe Agenda for Sustainable Economic Transformation until 2040, according to sources familiar with the development.Sources...
The country is not going back to the 2008 ea as the fundamentals then and now are different. About a decade ago Zimbabwe suffered record breaking hyperinflation, which resulted in the total collapse o...
Zimbabwe is "far" from improving its 'ease of doing business', the World Economic Forum (WEF) has said, as it once again ranked the nation among countries with poor global competitiveness in its lates...
THE acquisition of NicozDiamond by First Mutual Holdings Limited (FMHL) could collapse after a major shareholder in the shortterm insurer reportedly decided against disposing of its stake in the compa...
THE Competition and Tariff Commission (CTC) says it will shortly embark on a comprehensive survey to measure the effect import restrictions introduced in June last year have had on local industries.Is...
THE African Export Import Bank (Afreximbank) has emerged as Zimbabwe's key source of financial succour since the early 2000s, when President Robert Mugabe's government was frozen out of international ...
THE Zimbabwe Congress of Trade Unions (ZCTU)'s general secretary, Japhet Moyo, has revealed that at least $1,4 billion in the banking sector cannot be translated into physical cash because it was crea...
IT is possible to curb the current financial cash sabotage menace bedeviling our economy. Whilst the market is facing unpredictability, reminding the innocent citizens of the economic crisis of the la...
RURAL communities are unable to use plastic money due to poor telecommunications network connectivity.Given the continuing cash shortages in the economy, transacting is a nightmare for consumers in su...
Commissioning of the first power generating unit under the $533 million Kariba South extension project, is expected in the second week of December, while the plant is scheduled to start feeding 150 me...
The Reserve Bank of Zimbabwe will soon swoop on fuel dealers who reject coupons.The apex bank has accused the dealers of sabotaging the economy as well as causing artificial commodity shortages.Addres...
THE Consumer Council of Zimbabwe (CCZ) says some basic commodities, which disappeared from shelves since weekend have been found on the black market.CCZ executive director, Ms Rosemary Siyachitema, sa...
THE Reserve Bank of Zimbabwe (RBZ) has dismissed as a hoax messages circulating on social media calling on Zimbabweans to deposit all bond notes claiming the Central Bank wants to replace them with a ...
THE Reserve Bank of Zimbabwe (RBZ) revealed that the recent fuel and cooking oil shortages forced it to draw down $25 million from the $600 million nostro stabilisation facility on Monday, after the c...
CABINET has approved a host of measures to arrest artificial shortages of basic commodities and the price madness triggered by economic saboteurs through social media, with Finance and Economic Develo...
Government has doubled the weekly foreign currency allocation for fuel importation from $5 million to $10 million as part of measures to address shortages on the market. It has also facilitated the pr...
Company secretaries play a pivotal role in ensuring good corporate governance is practised in the institutions they work for, according to the Institute of Chartered Secretaries and Administrators (IC...
Finance and Economic Development Minister Patrick Chinamasa said Government was looking at giving incentives for property developers willing to upgrade and set up new structures for tertiary instituti...
Economists warned of worse shortages of basic commodities and an expanding parallel currency market as the Zimbabwean government mulls plans for new price controls across all sectors of production, to...