Return to multi-currency system inevitable: Imara

Business Writer Imara Asset Management Zimbabwe has ruled out most currency options available for Zimbabwe, saying a return to the multi-currency system without the Zimbabwe dollar is inevitable. On Thursday,…

First Lady takes kids off the streets

CHILDREN living on the streets are poised to have a new lease of life as First Lady Auxillia Mnangagwa’s Angel of Hope Foundation bathes, clothes and commits them to rehabilitation centres, as it presses ahead with efforts to allow every citizen a decent life.

Govt mulls solar power exchange

Golden Sibanda PRIVATE firms and individuals that produce power beyond their needs from their  own solar systems may start earning significant revenue in hard currency by selling it to Zesa…

St Anne’s shareholding dispute rages

Business Writer THE Reserve Bank of Zimbabwe (RBZ) has sought clarification from Frederick Mutanda on the status of the shareholding of his family trust in St Anne’s Hospital as the…

Tobacco deliveries likely to slowdown

Business Writer There is likely to be a slowdown in tobacco deliveries next week after the Reserve Bank of Zimbabwe (RBZ) announced that it will, starting from June 23, adopt…

Economy in vicious inflation expectation cycle

Tawanda Musarurwa Businesses are largely complicit in further driving inflationary pressures in the country by pricing their goods and services according to expectations of worsening inflation, the Reserve Bank of…

Bredenkamp dies

Tycoon and former Prince Edward School student Mr John Arnold Bredenkamp has died.

Private sector ready to pay forex salaries – Government hailed over remuneration

Mashudu Netsianda, Senior Reporter INDUSTRY and employers have lauded the Government’s decision to remunerate its workers in foreign currency, saying they were also open to paying theirs in US$ with…

Matulana partners rhumba group

Bongani Ndlovu, Showbiz Correspondent KANINDO musician Obadiah Matulana who is stuck in South Africa due to the closure of borders as a result of Covid-19 travel restrictions, has taken advantage…

‘Cheap substandard imports crippling cement industry’

Prosper Ndlovu, Business Editor THE country’s largest cement producer, PPC Zimbabwe, says urgent measures are needed to safeguard the viability of the local cement industry against the crippling impact of…

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