Uganda airlines to commence flights to Zimbabwe in September

Business Writer Uganda Airlines will launch new flights to Nigeria, Zambia and Zimbabwe starting September 2024, the airline has announced. The move marks the second phase of the Uganda Airlines…

Banks on notice: Govt targets excessive fees

Business Reporter  A senior Government official has told banks that the clock is ticking if they do not do something about banks charges, that are seen by many as excessive.…

ZiG needs a year to prove its acceptability

Last Word The major test of the new ZiG currency is its acceptability and its increasing use as the currency for domestic transactions, becoming the normal currency and displacing the…

Combating the rise of crypto-jacking, ICO scams and ransomware

Dr Kudzanai Vere The rapid adoption of cryptocurrencies over the past decade has ushered in a new era of financial innovation, but also a proliferation of cryptocurrency-enabled fraud and criminal…

Probe exposes chrome export ‘heist’ in Zim

Martin Kadzere A meticulously planned chrome heist orchestrated by corrupt border officials, is reportedly bleeding millions from Zimbabwe’s economy after an investigation unearthed some irregularities in the country’s chrome exports,…

Chivhayo’s IMC gets licence to partner Musk’s Starlink

Business Writer THE Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz) has approved the application by local firm, IMC Communications owned by businessman Wicknell Chivhayo, for a licence to provide…

ZiG denominated instrument slated for August

Tapiwanashe Mangwiro The Reserve Bank of Zimbabwe is expected to release the ZiG denominated instrument born out of outstanding auction allotments in August this year and against the initial pronouncements,…

Global growth steady amid slowing disinflation and rising policy uncertainty

Our global growth projections are unchanged at 3,2 percent this year and slightly higher at 3,3 percent for next year, but there have been notable developments beneath the surface since…

Trust issues haunt Zim’s financial services sector

Nelson Gahadza Lack of trust in financial institutions that include banks, pension funds and insurance companies remains a major threat to the growth and expansion of Zimbabwe’s financial services sector,…

Climate change risk hits oil market

From forest fires to hurricanes and other natural disasters: climate change risk is increasingly influencing oil prices, just as the world is struggling to shift away from high-polluting fossil fuels.…

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