Is it adios Zim dollar, as dollarisation tops 80pc?
Golden Sibanda THE Zimbabwe dollar is slowly being rendered irrelevant in the market due to growing dollarisation, heightening fears the domestic unit might face complete rejection in the market by…
Zim gets climate adaption funding from Canada
The Canadian Government has allocated US$15 million (Canadian) to support Mennonite Central Committee’s work in climate change adaptation, with a focus on empowering women and girls in Zimbabwe. The contribution…
Businesses in quandary as banks suspend US dollar loans
Oliver Kazunga Companies are reportedly in quandary as it emerged local financial institutions have suspended lending in United States dollars following uncertainty around the use of a multicurrency system beyond…
Beyond revival, beyond nostalgia!
Prechard Mhako For decades now we have sought to revive some of our ailing industries. Our preoccupation with capacity utilisation pre-dates the 90s, however, the world has evolved. We must…
Abrupt scraping of US dollar use fatal: Imara
Business Writer Scraping the use of the United States dollars in the short to medium term would be “illogical” as it is now far more used than it was in…
‘Health and climate ministerial declaration’ draft under scrutiny
BERLIN. — A draft “health and climate ministerial declaration”, set to be released at the upcoming UN Climate Conference in Dubai (COP28) November 30-December 12, omits any reference to fossil…
The Labour Amendment Act: Implications for business
Arthur Marara This week we continue looking at the 2023 Labour Amendment Act. The amendment has brought in a raft of changes to the law. In the previous article we…
Border Timbers, Govt in award settlement talks
Enacy Mapakame In a significant development in pursuit of justice and financial recovery, timber processor, Border Timbers Limited, has taken a proactive stance in opening settlement negotiations with the Government…
Afreximbank’s FEDA invests in Cabinda Oil Refinery
Business Writer African Export-Import Bank’s (Afreximbank) impact investment subsidiary, the Fund for Export Development in Africa (“FEDA”),this week announced an investment into Cabinda Oil Refinery, an integrated modular oil refining…
Africa, India push rich nations to phase out fossil fuels faster
Six weeks ahead of the Cop28 climate talks, negotiators from Africa and India have set out separate plans to push developed countries to do more to move away from fossil…











