AfDB partners global women empowerment organisation

Enacy Mapakame The African Development Bank (AfDB) has partnered the global Women Deliver 2023 Conference, a multi-sectoral gathering for advancing gender equality worldwide. This comes as the region is demonstrating…

Firming Zimbabwe Dollar to drive sales up, Pick n Pay

Business Writer Pick n Pay Group says the strengthening of the Zimbabwe dollar may help drive up volumes between now and August as the country heads for the harmonised. In…

RTG to leverage on digital platform

Enacy Mapakame Hospitality concern, Rainbow Tourism Group (RTG), wants to leverage its digital platform Gateway Stream as a channel to penetrate the regional markets as it boosts its footprint across…

Exchange rate fall plunges Zim into deeper debt distress

Business Writer Zimbabwe’s public debt could have surged seven-fold during the first half of the year due to the sharp depreciation of the domestic currency, an analysis by Business Weekly…

Massive defaults hit Govt-backed loans

Business Writer Despite having favourable interest rates and terms, loans with Government guarantees continue to underperform when it comes to repayment, raising questions on the credit-granting criteria and credit quality…

Industry decries mandatory exchange rate pricing law

Golden Sibanda Zimbabwe’s law compelling businesses to use the official exchange rate plus a maximum of 10 percent markup when setting prices, has a distortionary effect on pricing, industrialists say,…

Insurance industry ready for USD bond

Nelson Gahadza Zimbabwe has for the past few years shown a desire to issue a US$100 million bond, and the pensions industry believes it is long overdue as the industry…

Roundtable discussion on energy, currency challenges

Note from the ZNCC In his presentation, Dr Nebson Mupunga, stressed that the fundamentals are indeed strong to support exchange rate and price stability. The fiscal deficits have been recorded…

Demand for support infrastructure increases as key economic sectors grow

Prosper Ndlovu in Victoria Falls The massive transformation and growth of the mining and agriculture sectors under the Second Republic has piled pressure on the existing transport infrastructure amid calls…

Forex shortfalls choke miners

Oliver Kazunga A SIGNIFICANT number of large-scale mining houses, particularly those undertaking expansion projects, are hamstrung by foreign exchange shortfalls to meet their capital expenditure and operations, the Chamber of…

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