RBZ, Treasury, banks fuelling volatility
Business Writer Treasury, banks and the Reserve Bank of Zimbabwe (RBZ) are equally to blame for the volatility of the Zimbabwe dollar exchange rate, which has stoked resurgent inflation, analysts…
Farmers livid over SI that controls maize delivery
Farmer organisations have expressed concern over the recently announced policy that requires members to deliver controlled crops to the Grain Marketing Board (GMB) within 14 days of harvesting to curb…
No US dollar payment for cotton farmers
Business Writer Zimbabwean cotton firms have failed to secure US-dollar loan facilities ahead of the 2022 marketing season, some industry players have said, a move likely to draw strong opposition…
RBZ issues TBs to clear foreign blocked funds
Martin Kadzere Business Writer Zimbabwe has started issuing US dollar-denominated Treasury Bills (TBs) to corporates as compensation for outstanding blocked funds, people familiar with the matter said. The first batch…
Golf analyst blasts Lee Westwood
GolfMagic. — Eamon Lynch rips into Lee Westwood after his comments about wanting to join Greg Norman’s controversial LIV Golf Invitational Series backed by Saudi millions. Golf Channel co-host of…
ZB Holdings proposed merger spans nine years
Nelson Gahadza ZB Financial Holdings has admitted the merger between its bank and building society has taken longer than anticipated and has rescheduled completion of the transaction in 2022. The…
How to safely reuse leftover frying oil
With cooking oil prices skyrocketing, here’s how you can safely reuse leftover frying oil. If you have been to the shops recently to buy cooking oil, you must have noticed…
Bank of England hikes interest rates
LONDON. — The Bank of England (BOE) yesterday raised interest rates to their highest level in 13 years in a bid to tackle soaring inflation. In a widely expected move,…
Costly beer and cars?
Consumers seem undaunted by higher prices of everything from luxury cars to beer, letting companies like Anheuser-Busch InBev NV and BMW AG boost profits despite economic threats ranging from inflation…
Hyundai i30 N edition brings more bling
With the i30 N Drive-N limited edition, Hyundai is adding some visual sparkle to its Golf GTI rival. Worldwide production will be limited to just 800 units, and as yet…











