Imported inflation to affect economic recovery
Albert Norumedzo The economic theory of inflation is one that a lot of Zimbabweans are all too familiar with. The hyper inflationary era of 2007 to 2008 ushered in a…
RTG shareholders divided on group’s future
Taurai Mangudhla Major shareholders in Zimbabwe Stock Exchange (ZSE) listed hotelier Rainbow Tourism Group (RTG) are deeply divided on strategy around handling the group’s creditors and debtors as well as…
Mobile money constitutes 12,5pc of NPS transactions
Business Writer Mobile transactions now constitute 12,5 percent of the national values and around 70,6 percent of volumes for the month ending June 2017.
Massive board shake-up looms at Zinara
Business Writers Heads are set to roll at National Roads Fund Administrator (Zinara) following revelations of a massive board shake-up that could also claim the scalps of executives and its…
CTC to block NatFoods merger
Tinashe Makichi Innscor Africa Limited’s plans to merge partial subsidiary companies, National Foods and Profeeds are under threat following recommendations adopted by the Competition and Tariff Commission (CTC) to block…
NSSA avails financial facility for hotel construction
Business Writer The National Social Security Authority has availed a financial facility running into millions for the construction of Belgian-American hotel group Carlson Rezidor’s Radisson Blu Hotel in Harare.
NSSA eyes US$500m infrastructure bond….Insurance firms, pension funds to participate….Looking at leading the exercise
Martin Kadzere The National Social Security Authority (NSSA) intends to raise at least US$500 million by end of year by floating a bond to finance infrastructure projects, chairman Robin Vela…
How deep are Zimbabwe’s capital markets?
Happiness Zengeni and Taurai Mangudhla Zimbabwean companies lack access to predictable capital-market funding at a large scale and as such are increasingly looking towards external markets.
Zim loses 50 foreign correspondent banks
Tawanda Musarurwa Zimbabwe’s constrained access to international financing has been worsened by the fact that the country has lost at least 50 foreign correspondent banks since 2008.
US policy tightening to increase cost of external financing: IMF
The decision by the United States’ Federal Reserve Bank to raise the benchmark interest rate for three consecutive quarters, with more likely to come, as well as recent moves to…











