Zim engages WB on telecom giants sale

Martin Kadzere Zimbabwe has engaged the World Bank’s International Finance Corporation (IFC) to be transaction advisors for privatisation of its telecommunications companies NetOne Cellular Limited and TelOne after cancelling a…

Govt plans to tax in forex conflicting

Golden Sibanda Government’s plans to start levying tax in hard currency for businesses charging goods and services in US dollars sends the wrong signal on the standing policy thrust and…

ZimAlloys’ furnace upgrade to add more jobs

FERROCHROME producer, ZimAlloys, says its furnace refurbishment programme is now 60 percent complete with the company optimistic that the project will be operational in the next six months, creating an…

COMMENT: Companies must complement Govt efforts to curb Covid-19 spread

Companies and institutions should adapt quickly to the “new normal” which requires most workers to operate from home as part of measures to minimise the spread of Covid-19. Workplaces have…

British govt warned against causing African Wildlife Conservation crisis

Emmanuel Koro Observers worldwide are appalled by the proposed British Government anti-trophy hunting imports Bill. They are concerned that the ban will cause greater harm to the continent’s wildlife, including…

Mid-term Budget: Mthuli owes us revised figures

Tawanda Musarurwa There is need for greater transparency in the national budgeting process, says independent research firm Sidewaos. The think-tank has pointed to disparities around revised inflation and revenue targets…

Forex auction system outperforms expectations

Misheck Ugaro Following introduction of the foreign exchange trading system on June 23, 2020, the market sentiment was mixed. We predicted that the authorities had adopted the correct approach and…

A great quarter for Wall Street comes at an awkward time

A bunch of Wall Street executives got together for dinner a decade ago while the US economy was in tatters. Their industry, fresh off a bailout, was printing big profits…

Mixed feelings over Madlela’s outfit makeover

Mthabisi Tshuma, Showbiz Correspondent Madlela “Dlelas” Skhobokhobo’s fans have expressed mixed feelings over his proposed new outfit, a trendy personalised overall. Some are saying he should stick to his trademark…

May merchandise trade up 55pc

Ishemunyoro Chingwere Business Writer Zimbabwe’s total merchandise trade registered a 55,1 percent jump to US$659,8 million for the month of May compared to the preceding month having previously taken a huge…

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