A shortage of oil refineries across sub-Saharan Africa coupled with soaring crude prices because of the war in Ukraine has left countries dangerously short of fuel supplies, disrupting airlines and ca...
WHILE President Emmerson Mnangagwa has done well in meeting leaders of political parties under Polad, I urge him to go further and meet all stakeholders so as to solve the economic crisis that has env...
The International Monetary Fund (IMF) has lauded Zimbabwe's economic reforms but warned they might take time to bear fruit since they were meant to correct mistakes that happened over two decades.IMF ...
THE Diaspora Infrastructure Development Group (DIDG) has started manufacturing 6 000 rail sleepers for Beitbridge Bulawayo Railway while plans are underway to produce 60 000 more for the National Rail...
Local Industries claim they are yet to realise the benefits of the recently introduced interbank foreign currency market, as they continue to struggle accessing hard currency. The interbank market was...
Foreign currency earnings, which constituted 45% of revenue, helped African Sun post a 765% increase in the bottom-line for the half year to June 30. This is in spite of a drop in occupancy leve...
DEVELOPMENT Bank of Southern Africa (DBSA) chief executive officer Patrick Dlamini says government can do much better on reforms, amid a planned visit to Zimbabwe to discuss potential funding for the ...
HARARE City Council (HCC) which took delivery of single skip trucks instead of double skip trucks from FAW Zimbabwe are contemplating taking action against the supplier. Council environmental manageme...
HARARE City Council (HCC) is failing to collect garbage as 15 refuse compactors are still stuck in South Africa because of lack of foreign currency to pay for their duty. Harare mayor Herbert Gomba sa...
THE re-introduction of the Zimbabwean dollar is expected to bring stability to the fuel sector as Government tightens fiscal and monetary policies to ease pressure on foreign currency demand, National...
"Replacing the multi-currency regime anchored in the United States dollar by the South African rand as the sole transaction currency would help reduce over-valuation and stimulate exports and growth. ...
Cabinet has approved currency reforms introduced by Treasury which culminated in the scrapping of the multi-currency system on local transactions saying the move would now bring normalcy in the econom...
EMBATTLED Zanu-PF secretary for administration and former Home Affairs minister Obert Mpofu yesterday refused to answer questions thrown at him by Ntabazinduna Chief Nhlanhlayemangwe Felix Ndiweni's l...
Implementation of reforms under the Transitional Stabilisation Programme (TSP) has averted the economy from being weakened by adverse exogenous factors, Finance and Economic Development Minister Profe...
THE Confederation of Zimbabwe Industries (CZI) says price hikes currently obtaining in the country are a reflection of government's anti-export policies and not the fault of industry.CZI president Sif...
THE Rural Electrification Fund (REF) is continuing with its efforts to provide alternative energy in rural areas having electrified more than 9 800 public institutions across the country since its inc...
In an interview with the British Broadcasting Corporation (BBC), this writer was asked what reforms President Mnangagwa had undertaken.The journalist asking the question was reminded that her mere pre...
The European Union (EU) yesterday acknowledged that there are some positive steps towards the attainment of political and economic reforms by Zimbabwe. Speaking after meeting President Emmerson Mnanga...
THE majority of Bulawayo councillors have refused to declare their assets and interests, notwithstanding pressure from residents, with mayor Solomon Mguni calling the move "a voluntary exercise".Only ...
THE re-bundling of Zesa and merger of its five previously separate entities into a single integrated company will cut overhead costs and boost power generation efficiency, Vice President Constantino C...
CABINET yesterday approved a litany of measures meant to strengthen under-performing parastatals such as Air Zimbabwe, the Grain Marketing Board and Zesa Holdings.Addressing journalists soon after the...
Kamativi Tailings Company says it will commence civil works at its plant site in Matabeleland North after the company concluded a $9,5 million offtake arrangement with a Swiss-based commodity trader, ...
DEEP structural reforms such as transparency in the mining sector and respect for property rights could improve Zimbabwe's business climate, attract private investment and see the return of skilled la...
Finance minister Mthuli Ncube has refused to relax non-taxable income thresholds to $400 saying Treasury needs every penny it can raise to respond to the tough budgetary environment.In his 2019 nation...
The negotiations between health workers and Government yesterday failed to lure striking doctors back to work as they insisted on their demands despite the employer offering to review their allowances...