Why Nigeria and other African countries are blocking cellphones
news24.com This Monday, millions of Nigerians woke up to find that they had been barred from making phone calls. The number of disconnected lines is reported to be as many…
Trade deficit declines
Business Writer Zimbabwe in January 2022 exported goods worth US$543.9 million, 8 percent less than in December 2021. Imports followed suit as they fell by 18 percent to US$632 million.…
Banks start forex willing buyer willing seller
Business Writer Local banks have started showing indicative rates for the willing-buyer willing- seller foreign currency trading system announced by the Reserve Bank of Zimbabwe early this week. Following a…
What we learn about Zim’s investment options
Business Writer On the 26th of March 2022, the Insurance and Pensions Commission (IPEC) released the Pensions Report for the fourth quarter to December 2021. The report can also be…
HIT realises $25 million in commercialisation deals
Business Writer Harare Institute of Technology (HIT) is now earning over $25 million a month from the commercialisation of technologies it has invented in recent times as the education 5.0…
UK finance minister faces further fire over wife’s tax status
Chancellor of the Exchequer Rishi Sunak leaves 11 Downing Street for the House of Commons to deliver his Spring Statement on March 23, 2022 in London, England. UK finance minister…
Mounting inflationary pressures force RBZ to introduce $100 bill
Business Writer The Reserve Bank of Zimbabwe is set to introduce $100 bills to improve convenience to the economy after smaller denominations were rendered unusable by inflation. According to a…
Heavyweight gainers characterises ZSE
Business Writer The country now awaits the coming in of new $100.00 notes, which the Reserve Bank of Zimbabwe (RBZ) says they are coming in to ease transacting. This did…
Businesses shun CBD office space
Business Writer At least 60 percent of central business district (CBD) office space is reportedly vacant after demand slumped significantly in 2021, as it emerged businesses now opt for office…
Pick n Pay posts 5 pc increase in sales
news24.com Pick n Pay grew its sales by more than 5 percent over the past year, with its clothing division seeing 21 percent growth and the group’s liquor sales increasing…











