‘Can struggling Telecel be revived?’
Business Writer Telecel Zimbabwe, the country’s smallest mobile phone firm, is weighing several “strategic options” to revive the struggling business now characterised with massive shrinking of the subscriber base and…
Agro-focused firms decry deteriorating local currency, bad weather
Nelson Gahadza Zimbabwe Stock Exchange (ZSE) listed agro-focused firms, are worried over the rapid deteriorating exchange rate as well as adverse weather patterns that they fear could erode their margins.…
United Refineries starts benefiting from out-grower scheme
Oliver Kazunga Bulawayo based agro-industrial manufacturing concern, United Refineries Limited (URL), is benefiting from the resilience that comes with sourcing raw materials locally following the successful implementation of its soya…
RTG projects growth in financial year 2022
Michael Tome RAINBOW Tourism Group (RTG) says its operations are set to grow in the current financial year on the back of the world opening up for travel and other…
‘Overhaul RBZ Act, allow exchange rate flexibility’
Business Writer The International Monetary Fund (IMF) says Zimbabwe must overhaul the Reserve Bank of Zimbabwe (RBZ) Act to enhance central bank operational independence and eliminate fiscal dominance. Operational independence…
Zera denies Boustead Beef Zimbabwe solar plant licence
Oliver Kazunga Boustead Beef Zimbabwe, which is rehabilitating the Cold Storage Company (CSC), alleges that the Zimbabwe Energy Regulatory Authority has denied granting them a licence to construct and operate…
Tourism buckles under funding pressure
Business Writer Operators in the tourism and hospitality industry say after nearly two years of Covid-19 induced lockdowns, they are facing serious limitations regarding access to affordable long-term funding, which…
Multi – exchange rates a headache for accountants
Tapiwanashe Mangwiro Financial reporting in the country has been difficult in the past three years due to hyperinflation, currency changes, currency depreciation and now the country has a problem of…
Sunflower production could save country millions of dollars
Business Writer Government must incentivise oil expressers to venture into contract farming of sunflower production as well as invest in machinery that crushes sunflowers for cooking oil production. This was…
Zim taxation matrix comes under spotlight
Enacy Mapakame Zimbabwe has a wrong and regressive tax structure that perpetuates deep-rooted inequalities between the haves and the have-nots, analysts have said. Yet inequalities by nature undermine good governance…











