Cyclone Joaninha slams Indian Ocean island
The island of Rodrigues in the Indian Ocean has been battered by Tropical Cyclone Joaninha. Strong winds and heavy rain slammed the tiny volcanic island located 650km to the east…
1st cholera cases confirmed in Mozambique’s cyclone-hit city
The first cases of cholera have been confirmed in the cyclone-ravaged city of Beira, Mozambican authorities announced on Wednesday, raising the stakes in an already desperate fight to help hundreds…
Sho Madjozi’s secret to global success
Making music that her “cousins in the village” will like has landed rapper Sho Madjozi a top accolade. She has been named the best entertainer in Africa by the business…
JUST IN: Macheso shares Chimanimani experience
When many hear and read about the devastating destruction caused by Cyclone Idai, they take the story with a lightness carried when reading a heart-breaking novel or watching a horror movie.
JUST IN: Parties appoint dialogue conveners
Political parties that participated in the 2018 July harmonised elections met today and appointed Chairman of the National Peace and Reconciliation Commission (NPRC) Justice Selo Nare and Chairperson of the Gender Commission, Margaret Sangarwe Mkahanana as co-chairpersons of the National Dialogue.
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- businessweekly
- March 29, 2019
- 75 views
RTGS$ sheds 20 percent . . . Trades remain subdued . . . Rate expected to stabilise
The RTGS dollar introduced by the Reserve Bank of Zimbabwe (RBZ) in its 2019 Monetary Policy Statement, has continued to weaken against major currencies as exporters continue to hold on to their US dollar earnings waiting for the exchange rate to slide further.
- businessweekly
- March 29, 2019
- 25 views
Fuel consumption declines
The consumption of diesel and petrol plunged by almost 1,5 million litres and 1,8 million litres per day respectively between January and February this year, compared to previous months on the back of price adjustment and the impact of the Monetary Policy Statement that ushered in a number of far reaching measures.
- businessweekly
- March 29, 2019
- 37 views
Zim ready for key reforms: UK think tank . . . Challenges remain in short to medium term
Zimbabwe is poised to register a significant progress on its economic reform programme, largely benefiting from improved political governance and the new dispensation’s efforts to re-engage the international community, a top global economic think tank has said.
- businessweekly
- March 29, 2019
- 65 views
Zesa insists on 30pc tariff increase . . . cites coal, diesel increases as catalysts
Zesa Holdings insists that a 30 percent tariff increase is critical as it would ensure the country continues to enjoy a steady supply of electricity, as there would be funds to repair the transmission and distribution network while also allowing the firm to purchase inputs such as coal and diesel whose prices have gone up.
- businessweekly
- March 29, 2019
- 60 views
Nzenza, Perm Sec rift escalates . . . Perm sec accused of insubordination . . . Matter sucks in Cabinet minister
The rift between Minister of Public Works, Labour and Social Welfare Sekai Nzenza and her Permanent Secretary Judith Katerera, reportedly widened this week over a host of issues among them National Social Security Authority (NSSA) audit, with the latter accused of gross insubordination, according to close sources.