Understanding economic cost of power shortages
Zimbabwe is currently experiencing crippling power shortages. As of yesterday, most parts of the country, including industrial areas, were going without power for upward of 18 hours.
Jaure, Sibanda captain Chan squad . . . Bosso, Chicken Inn and Yadah players dominate
Sikhumbuzo Moyo, Senior Sports Reporter MANICA Diamonds defender Partson Jaure will skipper the Warriors when they take on Mauritius in the first round first-leg of the African Nations Championship (Chan) qualifier…
Pricing cartels under probe
Oliver Kazunga, Senior Business Reporter THE Competition and Tariff Commission (CTC) has raised fears over the possibility of some producers colluding to increase the cost of goods and services under the…
UPDATED: Mupfumira arrested . . . ZACC snares Minister in first big catch
Daniel Nemukuyu, Harare Bureau THE recently constituted Zimbabwe Anti-Corruption Commission (ZACC) yesterday hit the ground running, arresting Environment, Tourism and Hospital Industry Minister, Prisca Mupfumira, on corruption allegations involving $95 million.…
Paynet sues Bankers Association for US$100m
Paynet, the former provider of bulk payments technology to Zimbabwe banks, blames the BAZ for the ending of its business.
Banks’ profitability tumbles 9 percent
ZIMBABWEAN banks suffered a cumulative 9 percent decline in profitability to $78 million in the first quarter of this year after some of the financial institutions incurred significant exchange losses, but their regulator says the industry remains largely stable.
EDITORIAL COMMENT: UK-Zim relations set for reset under new British PM
WE congratulate Mr Boris Johnson on his appointment as the British Prime Minister following his defeat of Mr Jeremy Hunt in an internal contest of the ruling Conservative Party. Mr…
Letters to the Editor: Sexual abuse on women in film sector worrying
Editor — THE Women filmmakers of Zimbabwe (WFOZ) has noted with concern over the years the increase in the number of sexual harassment incidences in the country. WFOZ has realised…
Economic reforms charm Indian investors
Investors from India looking to invest in Zimbabwe are increasingly hopeful that the fiscal and monetary policy changes that have been implemented by the Government will provide impetus to business deals between the two countries that had stalled
RBZ sets criteria for US$1,2bn debt
The Reserve Bank of Zimbabwe (RBZ) has announced revised qualification criteria for the US$1,2 billion external debt obligations the apex bank will assume from corporates.











