Seven year deadline to fix local currency
The decision to extend the multi-currency regime, that is the use of foreign currencies and in particular the US dollar, well in time from the end of 2025 to the…
Value for money audits pay dividends
Martin Kadzere The value -for-money procurement process has enabled Government to save 30 percent of what it could have spent more since August 2022, Finance, Economic Development and Investment Promotion…
Zim makes US$126m token payments to global lenders
Malvern Nkomo The Government of Zimbabwe has, since 2021, made cumulative token payments of US$125,8 million as of September 2023, to its external creditors as a sign of its commitment…
Kariba carbon credit project in corruption storm
An exposé by the New Yorker put the spotlight on a mega carbon credits project in Zimbabwe, which was said to be able to prevent the release of tens of…
Is termination on notice permissible under The Labour Amendment Act?
Arthur Marara This is Part Two of “Is termination on notice permissible under the Labour Amendment Act 2023?” Section 12B of the Labour Act was interpreted in the Zuva Judgment…
Zim attracts record quarterly investments
Business Writer Zimbabwe continues to attract investor interest from across the globe with the Zimbabwe Investment and Development Agency (ZIDA) issuing the highest number of new licences per quarter since…
Maize harvest targets ambitious, but unrealistic
Business Writer Zimbabwe has set an ambitious and probably unrealistic maize harvest target for the 2023/24 agricultural season given forecasts of a normal to below-normal rainfall season. Meteorological experts forecast…
Tigere ready to acquire Highland Park Phase 2
Michael Tome Business Writer TIGERE Property Fund has announced its intention to officially start operating Highland Park Phase 2 before Christmas as it continues to grow its footprint in the…
Why dozens of elephants mysteriously died in Zim
Several years ago, dozens of elephants mysteriously dropped dead in Zimbabwe, a landlocked country in southern Africa. Now, researchers finally know why. Over several months of 2020, 35 African elephant…
‘High forex retentions can impede exporters’
Business Writer ANALYSTS say high foreign currency surrender requirement thresholds instituted by the Reserve Bank of Zimbabwe (RBZ) will impede exporting businesses’ ability to grow export capacity and diversification. On…











