Cash challenges and its effects on economy

Taurai Togarepi Reserve Bank governor Dr John Mangudya in his Monetary Policy presentation highlighted that “the growth in the use of plastic money, away from cash transactions, was phenomenal in…

Kombi ban taxing the poor?

The real cost of the new commuter rank system Clive Mphambela Just how many hours does the average black Zimbabwean spend on per day going to and from work? What…

BAT revenue rises 8pc

Africa Moyo British American Tobacco (BAT) Zimbabwe has recorded an 8 percent increase in revenue to $2,7 million for the year ended December 31, 2017 spurred by a strong sales…

ZB to invest $100m in Government projects

Livingstone Marufu Zimbabwe Stock Exchange- listed ZB Financial Holdings says it is keen to fund $100 million worth of projects under Government’s 100-day programme to expedite their completion.

Zimplow records $3,44m after tax profit

Good performance across Zimplow Holdings’ units saw the group overturning a $2,42 million FY2016 loss to achieve a profit after tax of $3,44 million in 2017.

Shareholders blame ZSE for CFI ‘saga’

Kudzanai Sharara The latest decision by an “unknown entity”, using the CFI Holdings Limited (CFI) logo, to make an offer to purchase the company’s shares at a 35,68 percent premium…

Pension conversion row heats up

Business Writers The blazing row emanating from differences within a high-profile commission of inquiry tasked to look into the conversion to US dollars of pension and insurance contracts originally in…

Vingirai booted out of Mashonaland Holdings

Enacy Mapakame Businessman and former banker, Nicholas Vingirai, has been booted out of the Mashonaland Holdings Limited board of directors, as shareholders continue battling for control of the listed property…

37 Government websites hacked

Golden Sibanda A total of 37 Government websites were hacked between 2013 and 2016 with 140 such cases being recorded over nearly the same period, an indication that Zimbabwe is…

Row over CSC shareholding

Ishemunyoro Chingwere and Africa Moyo The intended $18 million investment into the Cold Storage Company (CSC) by the National Social Security Company (NSSA) is understood to have hit turbulence, amid…

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