Currency stabilisation task force explained

In a fairly recent contribution “Call for Policy Consolidation” published in the Business Weekly, authorities were advised on the need to adopt a smart approach to policy direction that would harmonise the various directives that were issued between 2018 and present.

Price increases hit consumers

Prices of basic commodities have continued to rise, with sharp increases notable over the past month that reflect recent surges in the foreign currency exchange rate both on the official interbank market and the parallel market.

Soldier in masked armed robbers gang

Patrick Chitumba, Midlands Bureau Chief POLICE in Gweru have arrested six notorious masked armed robbers among them a soldier who were allegedly behind more than 30 robbery cases involving over half…

. . . as coronavirus likely to trigger capital exodus

The spread of the coronavirus and tumbling oil prices could trigger a capital exodus from Africa, where governments have few tools available to battle external shocks, according to Fitch Ratings.

Six stadiums approved for PSL matches

Sikhumbuzo Moyo, Senior Sports Reporter THE 60-day ban on public gatherings to help contain the spread of the coronavirus that has besieged the world could be a blessing in disguise for…

Africans scramble for groceries

KIGALI. — Alarmed consumers thronged markets across Africa on Tuesday, many in masks and gloves, to stock up as the coronavirus spread on the world’s poorest continent.

Economics lesson from coronavirus

A week is a long time in today’s fast changing environment. This week was particularly difficult for me as an economist. As we tried to grapple with what the managed float system announced by the Ministry of Finance and Economic Development means and how it will work, it was being reported that cases of the coronavirus had been recorded in parts of Southern Africa.

Of partnerships, ownership and control

In Zimbabwe, business partnerships have become popular these days. In this case they are known by their popular acronym — that is PPPs, or three Ps. This acronym stands for Public, Private Partnerships.

Govt rejects Mphoko demands, offers $700K

Mashudu Netsianda, Senior Court Reporter GOVERNMENT has said it is offering to pay former Vice President Phelekezela Mphoko more than $700 000 as his pension in local currency and he should…

Downfalls of new communication technologies

The rise in information technology and social media has made communication much easier.

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