Exchange rate: Central bank must prioritise transparency

Taking Stock Kudzanai Sharara The Reserve Bank of Zimbabwe will have to share more information on the foreign currency auction trading system than it did on Tuesday, if it is…

PSL clubs urged to emulate Bulawayo Chiefs

Fungai Muderere, Senior Sports Reporter THE launch of an online store by Premier Soccer League (PSL) outfit Bulawayo Chiefs in a bid to grow their brand beyond the country’s borders…

Forex auction will stabilise Zim$, say industrialists

Prosper Ndlovu, Business Editor THE country’s largest industrial body, Confederation of Zimbabwe Industries (CZI), is confident the introduction of the forex auction system could yield the desired currency stability and…

Katsande believes in his Amakhosi

JOHANNESBURG. — Zimbabwe international midfielder, Willard Katsande, has sent a firm message regarding the Absa Premiership title race, which is set to resume soon. The South African Premier Soccer League…

PSL clubs face huge financial costs

Grace Chingoma and Eddie Chikamhi PREMIER Soccer League clubs will need to spend at least US$600 every week to test their players,and coaching staff should domestic football be given a…

Ginners risk defaulting on export contracts

Business Writer Cotton ginners run the risk of defaulting on their lint export commitments as they are failing to buy raw cotton from farmers due to unavailability of cash. Raw…

‘Idea to collect royalties from online shows not practical’

Bongani Ndlovu, Showbiz Correspondent Online music platform proprietors are doubtful that the Zimbabwe Music Rights Association (Zimura) is competent enough to collect royalties from them as they believe the organisation…

South African debts continue to rise

JOHANNESBURG. —  With South Africa’s debt levels continuing to rise, the supplementary budget Finance Minister Tito Mboweni delivered on Wednesday showed that the country was in a poor fiscal position,…

IMF revises global economy forecast

The International Monetary Fund (IMF) on Wednesday revised down its forecast for the global economy amid mounting Covid-19 fallout, warning of record debt levels in both advanced and emerging markets…

Stampede as office burns at NRZ 24-storey building

Mkhululi Ncube, Chronicle Reporter A WOMAN was yesterday rushed to hospital after inhaling smoke while scores were evacuated from the 24-storey National Railways of Zimbabwe’s Parkade Centre in Bulawayo’s city…

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