Bulawayo informal traders eager to formalise their operations

Senior Reporter INFORMAL traders in Matabeleland have expressed eagerness to formalise their operations and contribute to the national revenue bases but are worried that taxes charged by the Zimbabwe Revenue…

Sheasham’s unbeaten run no fluke

Ricky Zililo, Senior Sports Reporter CENTRAL Region Soccer League (CRSL) leaders and championship favourites Sheasham FC’s 21-game unbeaten run is testament to the quality the ambitious Gweru side has, coach…

Beitbridge devolution funds boost education, health services

Thupeyo Muleya, Beitbridge Bureau GOVERNMENT has over the last three years availed $62 million in devolution funds which has helped the Beitbridge Rural District Council to build more clinics and…

Majoko removed as CSC rescue manager

Harare Bureau THE Cold Storage Company (CSC) business rescue practitioner, Mr Vonani Majoko, has been removed from the position for failing to come up with a turnaround strategy. The High…

Gold wavers as nervous traders turn to greenback

Gold dipped after rallying in the wake of a searing inflation report from the US, as investors again turned to the greenback as a haven asset. Bullion on Wednesday bucked…

Bear market puts ESG investing test

Investing based on environmental, social, and corporate governance (ESG) principles became a US$35 trillion industry on the back of a long run-up in stocks that lasted from 2009 until the…

Environmentalists unhappy with Muzarabani exploration

An Australian firm Invictus Energy, in partnership with the Zimbabwean Government, is exploring for oil and gas in the northern Zimbabwe area of Muzarabani. The firm claims the Muzarabani exploration…

Bank transactions show SA economy may be growing faster

South Africa’s economy will likely grow at a faster pace in the second quarter than economists forecast, according to an index with a strong correlation to gross domestic product. The…

Merging currency pools one step at a time

The black market in foreign currency. What causes it, what drives it and why does the exchange rate it generates keep declining? The Reserve Bank of Zimbabwe and the Ministry…

Short term infrastructure funding an economic Achilles heel

Tapiwanashe Mangwiro It is widely agreed in every corner of this country that there is need to repair and construct new infrastructure in order to move with modern times. Infrastructure…