Zim loses $77m in raw hides export

Dumisani Nsingo Bulawayo Bureau Zimbabwe could have lost up to $77 million through exporting raw hides in the third quarter of 2016 as the country lacks capacity to beneficiate the…

Bidding war on ZSE for CFI . . . as Van Hoog proxy is suspended

A YEAR ago, it was a sleepy, penny stock that took all year for the price to rise by the same percentage as heavyweights such as Delta rose in a…

Growth requires investment in agriculture and progress on all fronts

Finance Minister Patrick Chinamasa yesterday presented his annual budget review which projected a five-fold increase in the economic growth rate in 2017 from a near negative rate of 0,7 percent…

RBZ should print more. . . if productivity requires it. . .Hyperinflation memories are not lessons learnt

Chris Chenga As a society in Zimbabwe we have often struggled to conceptualise independence outside of politics. This is quite unfortunate; political self-determination should have preceded a vibrant society excited…

Planas ponders future over kaylite ban

Enacy Mapakame Zimbabwe’s biggest polystyrene (kaylite) manufacturer, Planas Investments’ recent $6 million investment in factory machinery might go to waste following a ban on the use of the packaging material…

Dunkin Donuts to phase out polystyrene cups

The National Research Council has affirmed that styrene, often used in food packaging and foam coffee cups, is linked to cancer. What’s the industry’s reaction?

Reflecting on the costs and (un)ease of doing business in Zimbabwe

Dr Tinashe Nyamunda The Economy Corner As I continue examining different aspects of Zimbabwe’s emerging post 2000s economy, I am drawn to the concept of “ease [or costs] of doing…

When you need the money, the banks are not lending

Brendrick Wamambo The figures are probably right, our Zimbabwean banks are lending not lending that much. But the big questions are why, and what else could the Reserve Bank do…

Govt should not protect bad industry, poor quality

Albert Norumedzo In the Money For its part, the Zimbabwean Government has come up with more measures to boost local industrial production and economic growth. But Zimbabwe needs to impose…

Banks may face Kodak-style obsolescence

LONDON. — Banks could face a “Kodak moment” where they approach obsolescence in five to 15 years at the hands of new financial-technology companies, according to former Barclays chief executive…

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