Embrace paradigm shift in economy: Chiwenga

The Zimbabwe economy can no longer be broken down into formal and informal sectors, but should instead recognise everyone engaged in economic activity across micro, small and medium enterprises sectors, according to Vice President Dr Costantino Chiwenga. 

$8bn sink in ICT equipment, services: Survey

Zimbabweans used a cumulative $8 billion (US$133,3 million) in information and communication technology (ICT) equipment and services in one year as the nation continues to move towards a digitally enabled economy, according to latest report.

Zim eyes alternative cash crops to tobacco

Crop diversification is one of the most cost-effective ways of reducing uncertainties in incomes among small-scale farmers. 

Zimpapers posts inflation beating interim results

Integrated media house, Zimpapers (1980) Limited, posted inflation beating financial results for the half year ended June 30, 2021 and expects to leverage on disruptive innovation going forward. 

LAST WORD: Chasing black market not an option

The black market is one of the most opaque and spread-out “so-called markets” in Zimbabwe with a very wide range of drivers, a range of manipulators and despite the fact that it can only work where there is a reasonable degree of trust, a difficulty in getting information, or at least accurate information.

RTG to transform business strategy

Rainbow Tourism Group (RTG) says it will transform its business strategy to a technology-driven approach anchored by the new Gateway Stream mobile application.

FCB profitability expected to decline

Banking group, First Capital Bank (FCB) profitability for the financial year 2021, is expected to decrease as revaluations and net trading gains moderate owing to slowing annual inflation. 

Companies, investors return to fundamentals on economic stability

THE current prevailing economic and financial stability has necessitated the need to return to fundamentals for both companies and investors in the country, an equities report notes.

Build your social capital

Transactions are not made in the boardroom, they are only formalised there. People are not hired in the interview rooms, they are hired somewhere else. 

Responsible lending vital for economic stability

The Reserve Bank of Zimbabwe managed to achieve price and exchange rate stability by discovering a market exchange rate, with a total of US$833 million allocated through the auction system as at 16 February 2021. 

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