Parirenyatwa steep decline intensifies
One doctor revealed that they have been forced to help patients buy life-saving medicines due to the gravity of the crisis.
By Freeman Makopa
20h ago
Black-listed govt suppliers face arrest... OPC, defence dominate in deals with affected firms
In an interview, Information, Publicity and Broadcasting Services permanent secretary Nick Mangwana revealed that the National Prosecution Authority (NPA) will determine the next steps.
By Julia Ndlela and Tinashe Kairiza
20h ago
Zim banks milk clients with steep fees…some lenders hitting consumers with 300 charges
BAZ chief executive officer Fanwell Mutogo told our sister paper NewsDay recently that banks, like any other industry, incurred costs when providing a service to their clients.
By Melody Chikono
20h ago
Economic growth projections slashed
Finance, Economic Development and Investment Promotion minister Mthuli Ncube announced the new figures during a mid-term budget review in Harare
By Tatira Zwinoira
20h ago
POSB privatisation: Mutapa fund seeks minority stake
POSB's privatisation plans were temporarily halted in August 2023 when the government decided to place the bank under MIF, along with 29 other entities.
By Tatira Zwinoira
20h ago
Zim pushes hard on Kazungula Bridge
This dispute has led to high-level interactions between Harare and Gaborone to determine whether the bridge encroaches into Zimbabwean territory.
By Tinashe Kairiza
20h ago
USD liquidity preference
We have noted with concern that most individuals, households, and businesses in Zimbabwe prefer to hold money in the form of cash (mostly US dollars).
By Batanai Matsika
20h ago
Ncube maintains stance on money transfer tax
Ncube proposed to provide reprieve through waiver of the Special Surtax on Beverages Sugar Content due for the period January 1, 2024 to February 8, 2024.
By Mthandazo Nyoni
20h ago
Fresh alarm raised over attempts to constrict NGOs
Lawfare refers to the strategic weaponisation of the law, often by the government, to silence dissent and choke opposition.
By Tinashe Kairiza
20h ago
‘Ex-Mpilo bosses still signatories’
In a report submitted to Parliament, Kujinga highlighted that Mpilo's internal control system over cash and bank operations was weak, exposing the hospital to unauthorised transactions.
By Julia Ndlela
Jul. 19, 2024
Kuvimba courts Chinese investors
KMH acting group chief executive officer Trevor Barnard said. “Kuvimba Mining House is on foot to become a world-class lithium processing company
By Mthandazo Nyoni
Jul. 19, 2024
New US ambassador vows to deepen economic ties
Tremont presented her credentials to President Emmerson Mnangagwa this week, officially assuming her role two years after her nomination by President Joe Biden.
By Julia Ndlela
Jul. 19, 2024
New currency plan unsettles banking sector
Banks have adopted a cautious approach to long-term lending, according to sources in the sector.
By Tatira Zwinoira
Jul. 19, 2024
ZCDC burns US$1,7m fortune to pacify Zimra
But crucial sections of the Public Finance Management Act are rarely enforced, leading to perpetual laxity in managing state resources.
Zim bankers slam money transfer tax
In a document submitted to Finance minister Mthuli Ncube this week, sharing bankers’ expectations for the 2024 mid-term budget review, BAZ called for the tax to be reduced.
By Mthandazo Nyoni and Blessed Ndlovu
Jul. 19, 2024
Interview: Airports chief sets stage to ride out storms
Tawanda Gusha (TG), chief executive officer of the Airports Company of Zimbabwe (ACZ),
By Freeman Makopa
Jul. 19, 2024
US$40m Airbus dispute leaves AirZim in limbo
The audit covered a three-year period from 2019 to 2021 — the most recent by the AG.
By Shame Makoshori and Julia Ndlela
Jul. 19, 2024
Interview: DStv’s new chief unfazed: ‘Zim is the next big boom’
MultiChoice Zimbabwe general manager Siyabulela Jemsana
By Zivisai Chagaka
Jul. 19, 2024
Capital markets to pivot Zim’s economic growth
The need to review our regulatory framework to incorporate new services and products such as virtual assets and crowdfunding.
By Melody Chikono
Jul. 12, 2024
Nssa US dollar revenues up 100%
He said this during a session of the Insurance and Pensions Commission (Ipec)/Nssa Journalist Mentorship Programme for 2024 last week.
By Gamuchirai Nyamuziwa
Jul. 12, 2024
‘Tax move to power ZSE rebound’
In a highly liquid market, the bid-ask spreads narrow, meaning the difference between what buyers are willing to pay and what sellers ask decreases.
By Tatira Zwinoira
Jul. 12, 2024
Premium
NGOs slam ‘useless’ PVO Bill designed to ‘capture’ sector
The proposed legislation has also been criticised by opposition parties, claiming it is a ploy by the government to constrict civic society.
By Julia Ndlela
Jul. 12, 2024
Premium
First Capital group’s profits up to US$79m
Commenting on the group’s operations in Zimbabwe, Davidson said the group ensured stability and strategic growth amidst hyperinflation and regulatory changes.
By Tafadzwa Mhlanga
Jul. 12, 2024
Premium
Harare bigwig under probe over $5m deal
In the same letter, Nanotech implored Zacc to engage Makurira’s technical committee assembled by Mnangagwa to understand what was hampering the water treatment project.
By Tinashe Kairiza
Jul. 12, 2024
Interview: Seed Co prepares for La Niña, expects huge demand
TM: In your financials, you noted that the company experienced some volume sales decrease due to the El Niño. What are you doing to prepare for future occurrences?
By Tafadzwa Mhlanga
Jul. 12, 2024
Premium
ZB group faces split
It was common knowledge, Vingirai added, that ZBFH’s has, since 2014, made numerous attempts to merge Intermarket Building Society and ZB Bank.
By Melody Chikono
Jul. 11, 2024
Interview: ‘Zim misunderstood concept of SoEs’
No one will be a competent board member from day one unless you invest in training
By Tafadzwa Mhlanga
Jul. 5, 2024
Mnangagwa says to quit when term ends… as war vet factions clash over the president’s tenure
President Emmerson Mnangagwa claimed that he plans to quit when his term ends
By Julia Ndlela and Tinashe Kairiza
Jul. 5, 2024
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