Forex shortage pressures pricing, consumer behaviour

Nelson Gahadza Ok Zimbabwe says the shortage of foreign currency in the formal channels continues to exert pressure on exchange rate dynamics, with a significant impact on pricing, consumer behaviour…

We Aren’t drug addicts, we’re music makers: Zimdancehall artists

Yemurai Dyakonda In a passionate plea, popular Zim dancehall artists have called on fans and critics to stop associating the genre with drug use.

GRAY HOMES DIRECTORS NABBED IN US$900K FRAUD

Zvikomborero Parafini GRAY Homes Construction directors, Annavestah and Gray Mudiwa spent the night in remand prison yesterday after they appeared in court charged with fraud involving US$930 000.

‘Operating environment remains tough’

Nelson Gahadza Companies are projecting the operating environment to remain uncertain given the ongoing shortage of liquidity in terms of forex for working capital and limited USD borrowings. In addition,…

Zim to streamline business procedures, attract investors

Business Reporter The Government believes sustaining the ease of doing business reforms plays an important role in creating an environment conducive to entrepreneurship and investment and allows the country to…

President lures more Chinese investments

Zimbabwe is aiming to secure additional investment deals from China, building on the success of attracting prominent Chinese companies that have invested over US$3.4 billion in various sectors of the Zimbabwean economy over the past five years.

FORMER LEGISLATOR UP FOR FRAUD

Zvikomborero Parafini FORMER Kambuzuma legislator Tinashe Maduza was back in court yesterday accused of duping a land seeker of US$16 000 in a fake land deal.

H Projects Caledonia revenue to reach US$176m in 2024

Business Reporter Research and stockbroking firm IH Securities has projected Caledonia Mining Corporation’s revenue to close the year at US$176 million at an average gold price of US$2 357 per…

Rural land cannot be sold, rules High Court

RURAL district councils have no authority to sell communal land, the High Court has ruled, while nullifying the sale of land between a family trust and Buhera Rural District Council.

Man accuses wife of cheating

Runyararo Ndaramo A Harare woman appeared before the Harare Civil Court seeking a protection order against her husband whom she says always accuses her of murder and adultery.

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