COMMENT: Private sector must follow Govt lead on forex allowances
Life is difficult for workers, most of whom are paid in local currency. The salaries aren’t buying much on our US$-craving market. Any customer who walks into a shop these…
SA police bust cigarettes smuggling ring
South African police have recovered cigarettes worth over R2,4 million and arrested more than 20 suspects in connection with smuggling of the commodity from Zimbabwe into the neighbouring country.
‘Business confidence in manufacturing sector declines’
Business Writer Business confidence in the manufacturing sector expectedly deteriorated during the first quarter of the year, findings of the 2020 first quarter business conditions survey conducted by the Confederation…
Covid-19: Zimbos in US, China to return home
Patrick Chitumba, Midlands Bureau Chief THOUSANDS of Zimbabweans, stranded in China, the United States, South Africa and other countries after Covid-19 induced lockdowns have registered with Government to be repatriated…
Knives out for Gomwe
Zanu PF Harare Province has issued a prohibition order against its District Coordinating Committee (DCC) chairman Cde Godwin Gomwe for indiscipline pending a determination by the ruling party’s National Disciplinary Committee (NDC).
Betrayed, abused, discarded . . . Appiah slams raw deals for black African coaches
FORMER Ghana coach, Kwesi Appiah, says black African national team coaches are given raw deals, including non-payment of salaries, while the red carpet is rolled to their white counterparts.
‘Forex auction system should inspire market’
The new foreign exchange management regime to be introduced by the Reserve Bank of Zimbabwe (RBZ) next week, which is based on an auction system, must have operational rules that inspire market confidence in order to work effectively, key business leaders have said.
Questions over Ntutha reinstatement
Sikhumbuzo Moyo, Senior Sports Reporter THE Zifa executive committee has been questioned for lifting the suspension of Bulawayo Province chairman Francis Ntutha after his provincial colleagues suspended him on allegations…
Editorial Comment: RBZ auctions should stabilise prices
The Reserve Bank of Zimbabwe (RBZ) decision to switch from the interbank market, often an over managed market, to an auction system should produce a far more efficient market for exporters selling foreign currency and importers buying for their needs.
Cement industry sends SOS
Prosper Ndlovu Cement producer, PPC Zimbabwe, says urgent measures are needed to safeguard the viability of the local cement industry against the crippling impact of imported cement. Despite having adequate…











