Economic recovery: Govt makes commendable strides
Since October last year, Zimbabwe’s economic landscape has been characterised by steep price increases and rising inflation. These have been born of unscrupulous traders who are charging for their goods and services in either the United States dollars (USD) or pegging their prices against the greenback using black market exchange rates.
JUST IN: Huge boost for Warriors
ZIMBABWE’S Warriors got just the kind of tonic they needed to cheer their spirits when they received the first tranche of financial support that has been mobilised for them by the Warriors Fundraising Committee.
Chronicle Editor
- Chronicle
- June 24, 2019
- 47 views
JUST IN: Christian Care distributes food to victims of Cyclone Idai
Sydney Mubaiwa, Masvingo Correspondent Christian Care, a service arm of Zimbabwe Council of Churches has distributed food aid to more than 500 families who are victims of Cyclone Idai in…
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- businessweekly
- June 24, 2019
- 59 views
Ramaphosa’s critical choices to get South Africa back on track
Sean Gossel South Africa’s economy is in dire straits. Unemployment has reached a 15-year high of 27.6%. And in the first quarter of this year GDP growth dropped by 3.2%.…
- businessweekly
- June 24, 2019
- 29 views
Oil up on U.S.-Iran tensions but demand concerns cap gains
LONDON – Oil prices rose on Monday adding to last week’s gains, lifted by tensions between the United States and Iran, but concerns about the possibility of weakening demand kept…
- businessweekly
- June 24, 2019
- 48 views
Rand stretches gains as Fed, ECB turn dovish
JOHANNESBURG – South Africa’s rand firmed early on Monday, adding to the previous session’s gains as sentiment toward emerging markets overall was soothed by softening interest rate outlooks in the…
- businessweekly
- June 24, 2019
- 66 views
Zim forging ahead with debt clearance plan
MAPUTO – Zimbabwe will pursue the possibility of getting bridging finance from International Financial Institutions (IFIs) starting early next year to clear its arrears with the global lenders, a Cabinet…
- businessweekly
- June 24, 2019
- 41 views
GetBucks shareholders approve ZWL$5 mln capital raising initiative
HARARE – Listed –Micro-financier, GetBucks Limited said on Monday its shareholders approved a rights issues to raise ZWL$5 million (about US$794 000) to grow its capital base and fund operations.…
- businessweekly
- June 24, 2019
- 76 views
TSL expands into horticulture
Michael Tome HARARE – TSL is planning on diversifying into chili and banana production (horticulture) for exports into the region and beyond as the firm aims to strengthen its foreign…
- SundayNews
- June 24, 2019
- 73 views
VIDEO: Government abolishes multi-currency system, transactions to be done using Zim dollar
Business Reporter GOVERNMENT has outlawed the use of multiple currencies through new regulations that compel all forms of transacting to be done in local currency, now formally known as Zimbabwe…